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Mixed Investment 40-85% Shares
Balanced Fund
Managed by Liontrust Investment Partners LLPPart of HSBC Investment Funds
Latest factsheet
Aug 2026
Fund size
£454.6m
Yearly charge
0.75%
Manager fee
0.65%
Income yield
1.23%
Holdings
98
Launched
31 Dec 1998
The Fund aims to generate capital growth, and the potential for income, over the long term (5 years or more) with the potential for income through investing in global equities and bonds.
Mark Hawtin (Fund Manager) · Kevin Kruczynski (Fund Manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | +3.50% | +1.80% | +1.80% | Top 25% |
| 3M | +1.10% | +1.90% | +1.90% | – |
| 6M | +4.50% | +4.10% | +4.10% | – |
| YTD | +8.00% | +9.10% | +9.10% | – |
| 1Y | +16.50% | +14.80% | +14.80% | – |
| 3Y | +47.90% | +39.30% | +39.30% | – |
| 5Y | +36.70% | +30.70% | +30.70% | – |
| Since launch | +191.10% | +123.70% | +123.70% | – |
Calendar-year performance
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| +13.00% | +13.60% | -0.90% | +14.90% | +20.30% | +16.70% | -22.80% | +20.50% | +13.30% | +15.00% |
Portfolio breakdown
Sector
| Government Bonds | 20.10% | |
| Information Technology | 17.90% | |
| Industrials | 14.10% | |
| Materials | 9.60% | |
| Financials | 9.20% | |
| Communication Services | 7.30% | |
| Consumer Discretionary | 6.10% | |
| Other | 5.80% | |
| Health Care | 4.40% | |
| Utilities | 4.00% |
Geography
| United States | 38.10% | |
| United Kingdom | 22.70% | |
| Other | 9.20% | |
| Japan | 8.10% | |
| France | 7.10% | |
| Canada | 5.50% | |
| Germany | 4.20% | |
| Norway | 2.20% | |
| Peru | 1.60% |
Asset allocation
| Equity | 78.40% | |
| Fixed Income | 20.10% | |
| Cash | 1.50% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| – | GB0004821921 | 0482192 | – | – | 1.60% | 1.64% | £1k |
| – | GB00B85K7211 | B85K721 | – | – | 0.75% | 0.85% | £250k |
| – | GB0033272781 | 3327278 | – | – | 1.60% | 1.64% | £1k |
| – | GB00BMWB3P02 | BMWB3P0 | – | – | 1.00% | 1.12% | £1k |
| – | GB00BMW8RJ31 | BMW8RJ3 | – | – | 1.00% | 1.12% | £1k |
| – | GB00B83H6G14 | B83H6G1 | – | – | 0.75% | 0.85% | £250k |
| – | GB00BFZC7371 | BFZC737 | – | – | 0.65% | 0.75% | £100.0m |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Aug 2026 | View original factsheet ↗ | 14 Sept 2026 |
| Jul 2026 | View original factsheet ↗ | 21 Aug 2026 |