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Threadneedle (Lux) Global Multi-Asset Income Fund

A dynamically managed multi asset fund that targets an annual income of 5% by investing directly in equity and fixed income securities, then supplementing the income using a covered call option.¹

¹ Please note that the performance target may not be attained. The performance target is gross of fees.

Reasons to invest

Proven capability in income generation

The fund benefits from the established income capabilities and skill sets of our equity and fixed income teams to target an attractive 5% yield.

Experienced multi asset team

The portfolio manager is supported by more than 20 investment experts, including an eightstrong Asset Allocation Strategy Group. The team is able to draw on the wider investment platform for macro insights, information and propriety research.

Risk awareness

Diversification is embedded into the construction process, with a focus on providing strong risk-adjusted total returns. The ability to ‘look through’ a portfolio facilitates best-in-class portfolio risk management.

Key facts

  1. Fund inception date
    18 September 2012
  2. Asset class weightings
    Equities: 40-60%
    Fixed income: 40-60%
  3. Holdings
    The portfolio mainly invests in direct investments, derivatives, ETFs and in-house funds

Investment approach

A collaborative and risk-orientated approach

The Asset Allocation Strategy Group uses the output from three proprietary research groups to formulate its macroeconomic and thematic views, and defines the investment environment used to build asset allocation portfolios. This is combined with a valuation framework across all asset classes, and is used by the group to determine its preferred asset allocation and risk preferences, whilst prioritising the fund’s income objective.

 

The security selection within both equity and fixed income is designed to generate income to achieve the 5% income objective. The natural income that is generated through the allocation to equities and fixed income is then supplemented with a covered call strategy to enhance its yield. The fund is actively managed at the overall portfolio level, as well as within each asset class.

Proven and repeatable investment process

Share classes available

Share
Class
Curr
Tax
AMC
Entry charge
Min Inv.
Launch
ISIN
SEDOL
BBID
WKN/Valor/ CUSIP
Hedged
AU
Acc
USD
Gross
1.25%
5.00%
2,500
12-09-18
LU0640488648
TMATAAU LX
A1J9G4
No
AEH
Acc
EUR
Gross
1.25%
5.00%
2,500
12-09-18
LU0640488994
TMATAEH LX
A1J9G5
Yes
DU
Acc
USD
Gross
2.00%
1.00%
2,5000
14-11-04
LU0640489612
BRYFXF5
TMTADUU LX
A1J9G8
No
ZGH
Acc
GBP
Gross
0.75%
5.00%
1,000,000
12-10-16
LU0815284970
Yes
DU
Acc
EUR
Gross
2.00%
1.00%
2,500
14-11-04
LU0823431480
BRYFXD3
TMTADUE LX
A12D4F
No
AEC
Inc
EUR
Gross
1.25%
5.00%
2,500
14-11-04
LU1102542534
BQ3BGC5
TMATAEC LX
A12AB2
Yes
DEC
Inc
EUR
Gross
2.00%
1.00%
2,500
14-11-04
LU1102555510
BQ3BGD6
TMATDEC LX
A12AB3
Yes
DUP
Inc
USD
Gross
2.00%
1.00%
2,500
14-11-04
LU1129921117
BRYFXB1
TMATDUP LX
A12D4E
No
DEP
Inc
EUR
Gross
2.00%
1.00%
2,500
15-10-13
LU1297908730
BYVYBN8
THGMDEP LX
A140RE
No
AUP
Inc
USD
Gross
1.25%
5.00%
2,500
15-10-13
LU1297908904
BYVYBP0
THGMAUP LX
A140RF
No
AEP
Inc
EUR
Gross
1.25%
5.00%
2,500
15-10-13
LU1297909035
BYVYBQ1
THGMAEP LX
A140RG
No
AE
Acc
EUR
Gross
1.25%
5.00%
2,500
17-07-12
LU1298174530
BYVYBS3
No

Insights

20 January 2020

Maya Bhandari

Portfolio Manager Multi-Asset

The Threadneedle (Lux) Global Multi Asset Income fund celebrates its 5-year anniversary

Launched in 2015, the Threadneedle (Lux) Global Multi Asset Income fund has now reached an important milestone by celebrating its 5-year anniversary.
Read time - 3 min
20 September 2018

Asset Allocation Monthly

View the latest Asset Allocation Update
Read time - 5 min

Fund Manager

Maya Bhandari
Portfolio Manager Multi-Asset

Important information: For internal use by Professional and/or Qualified Investors only (not to be used with or passed on to retail clients). Threadneedle (Lux) is an investment company with variable capital (Société d’investissement à capital variable, or “SICAV”) formed under the laws of the Grand Duchy of Luxembourg. The SICAV issues, redeems and exchanges shares of different classes, some of which are listed on the Luxembourg Stock Exchange. The management company of the SICAV is Threadneedle Management Luxembourg S.A, who is advised by Threadneedle Asset Management Ltd. and/or selected sub-advisors. The SICAV is registered in Austria, Belgium, France, Finland, Germany, Hong Kong, Italy, Luxembourg, The Netherlands, Portugal, Spain, Sweden, Switzerland, Taiwan and the UK; however, this is subject to applicable jurisdictions and some sub-funds and/or share classes may not be available in all jurisdictions. Shares in the Funds may not be offered to the public in any other country and this document must not be issued, circulated or distributed other than in circumstances which do not constitute an offer to the public and are in accordance with applicable local legislation. Het compartiment is op grond van artikel 1:107 van de Wet op het financieel toezicht opgenomen in het register dat wordt gehouden door de Autoriteit Financiële Markten. / Pursuant to article 1:107 of the Act of Financial Supervision, the subfund is included in the register that is kept by the AFM. Threadneedle (Lux) is authorised in Spain by the Comisión Nacional del Mercado de Valores (CNMV) and registered with the relevant CNMV’s Register with number 177. This material is for information only and does not constitute an offer or solicitation of an order to buy or sell any securities or other financial instruments, or to provide investment advice or services. Subscriptions to a Fund may only be made on the basis of the current Prospectus and the Key Investor Information Document, as well as the latest annual or interim reports and the applicable terms & conditions. Please refer to the ‘Risk Factors’ section of the Prospectus for all risks applicable to investing in any fund and specifically this Fund. The above documents are available in English, French, German, Portuguese, Italian, Spanish and Dutch (no Dutch Prospectus) and can be obtained free of charge on request by writing to the SICAV’s registered office at 31, Z.A. Bourmicht, L-8070 Bertrange, Grand Duchy of Luxembourg and/or from in Austria from Erste Bank, Graben 21 A-1010 Vienna; in Belgium: J.P. Morgan Chase Bank Brussels, 1 Boulevard du Roi Albert II, 1210 Brussels; in France from CACEIS Bank, 1/3 Place Valhubert, 75013 Paris; in Finland from Eufex Bank Plc, Keilaranta 19, 02150 Espoo, Finland; in Germany from JP Morgan AG, Junghofstr. 14, 60311 Frankfurt; in Sweden from Skandinaviska Enskilda Banken AB (publ), Sergels Torg 2, 106 40 Stockholm; in the UK from JPMorgan Worldwide Securities Services, 60 Victoria Embankment, London EC4Y 0JP. This presentation is not investment, legal, tax, or accounting advice. Investors should consult with their own professional advisors for advice on any investment, legal, tax, or accounting issues relating an investment with Columbia Threadneedle Investments. The research and analysis included in this document has been produced by Columbia Threadneedle Investments for its own investment management activities, may have been acted upon prior to publication and is made available here incidentally. Any opinions expressed are made as at the date of publication but are subject to change without notice and should not be seen as investment advice. Information obtained from external sources is believed to be reliable but its accuracy or completeness cannot be guaranteed. Threadneedle Management Luxembourg S.A. Registered with the Registre de Commerce et des Societes (Luxembourg), Registered No. B 110242, 44, rue de la Vallée, L-2661 Luxembourg, Grand Duchy of Luxembourg. Issued in the UK by Threadneedle Asset Management Limited. Registered in England and Wales, Registered No. 573204, Cannon Place, 78 Cannon Street, London EC4N 6AG, United Kingdom. Authorised and regulated in the UK by the Financial Conduct Authority. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies. columbiathreadneedle.com