Investment Objective
The fund aims to deliver a positive return over rolling three year periods regardless of the prevailing stock market environment. The Fund aims to generate a positive return, on average 5% per annum above the Bank of England Base Rate before the deduction of charges, over rolling three year periods. In seeking to target this level of return the Fund also aims to manage volatility to a target of less than half the volatility of global equities, measured over the same rolling three year periods.
Reference Index
LIBOR +5%
Latest Meeting Note
Meeting Report 11 May 2015
We had an introductory meeting with Peter Fitzgerald, Head of Multi-Assets at Aviva Investors and co-manager of the Target Return and Target Income Funds. With assets under management of over £240bn it should come as no surprise that Av...
We had an introductory meeting with Peter Fitzgerald, Head of Multi-Assets at Aviva Investors and co-manager of the Target Return and Target Income Funds. With assets under management of over £240bn it should come as no surprise that Aviva Investors has a wide range of capabilities across multiple asset classes, and this new fund series is designed to harness this and deliver a consistent absolute return stream to investors. It was clear from our meeting that this range of products is central to the rejuvenation of the Aviva Investors, and with Euan Munro steering the ship they have a veteran of multi asset absolute return investing at the helm.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.5 | 0.7 | 0.5 | 0.4 | 0.6 | 0.4 | 0.2 | 0.8 | 0.3 | 0.2 | 0.7 | 0.7 | 0.7 | |
| 2022 | 0.3 | 0.0 | 0.6 | 0.2 | 0.1 | 0.0 | 0.1 | 0.5 | 0.2 | 0.5 | 0.3 | 0.6 | 0.6 |
