Investment Objective
The TM Fulcrum Diversified Liquid Alternatives Fund (DLA) is an unconstrained, liquid portfolio investing across Real Assets, Alternative Credit and Diversifiers. The investment objective of the Sub-fund is to achieve long-term returns of the Bank of England Base Rate +4%, net of fees, over rolling five year annualised periods. The Sub-fund will be managed without reference to a benchmark, however, the Sub-fund targets a lower volatility than equity markets, meaning the MSCI World Hedged. A positive return is not guaranteed and capital is in fact at risk.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.3 | 0.1 | 0.6 | 0.7 | 0.7 | 0.9 | 0.4 | 0.5 | 0.1 | 0.2 | 1.0 | 0.5 | 0.7 | |
| 2023 | 0.0 | 0.1 | 0.2 | 0.4 | 0.4 | 0.3 | 0.6 | 0.4 | 0.5 | 0.8 | 0.9 | 0.5 | 0.2 |
