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Volatility Managed
Liontrust Ma Blended Reserve Fund
Managed by Liontrust Investment Partners LLPPart of Liontrust Multi-Asset Investments ICVC II
Latest factsheet
Aug 2026
Fund size
£100.4m
Yearly charge
0.64%
Manager fee
0.40%
Income yield
3.57%
Holdings
36
Launched
12 Nov 2001
The Fund seeks to achieve capital growth and income with a low level of volatility. The underlying funds in the portfolio invest globally (including in emerging markets) across asset classes and financial instruments. The underlying funds will be a blend of active and passive funds. The Fund typically has a lower exposure to higher risk assets and a greater exposure to lower risk assets than other funds in the Liontrust MA Blended Funds range that have a higher risk profile.
John Husselbee · James Klempster
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 3M | +1.00% | – | – | – |
| 6M | +1.90% | – | – | – |
| YTD | +10.10% | – | – | – |
| 1Y | +6.00% | – | – | – |
| 3Y | +10.30% | – | – | – |
| 5Y | +30.20% | – | – | – |
| Since launch | +56.70% | – | – | – |
Calendar-year performance
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| +12.00% | +3.90% | -2.20% | +8.90% | +4.70% | +1.70% | -16.40% | +7.30% | +5.90% | +10.00% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | HSBC Global Funds ICAV - Global Government Bond UCITS ETF/Mutual Fund | 18.50% | |
| 2 | Liontrust GF Global Corporate Bond Fund | 12.10% | |
| 3 | Liontrust Global Funds plc - Liontrust GF Global Short Dated Corporate Bond Fund | 9.20% | |
| 4 | Liontrust Global Funds plc - Liontrust GF High Yield Bond Fund | 8.50% | |
| 5 | Legal & General All Stocks Gilt Index Trust | 6.20% | |
| 6 | iShares UK Gilts All Stocks Index Fund UK | 6.20% | |
| 7 | Legal & General US Index Trust | 4.80% | |
| 8 | Legal & General ICAV - L&G Emerging Markets Equity Index Fund | 4.60% | |
| 9 | Artemis Investment Funds ICVC - Artemis SmartGARP Global Emerging Markets Equity | 1.90% | |
| 10 | iShares Japan Equity Index Fund UK | 1.70% |
Portfolio breakdown
Asset allocation
| Global Government Bonds | 18.50% | |
| UK Government Bond | 12.30% | |
| Global Corporate Bonds | 12.10% | |
| North America Equity | 9.60% | |
| Global Short-Dated Corporate Bonds | 9.20% | |
| High Yield | 8.50% | |
| EM Equity | 7.60% | |
| UK Equity | 5.30% | |
| Alternatives | 4.70% | |
| Europe ex-UK Equity | 4.00% | |
| Japan Equity | 3.10% | |
| Developed Asia Equity | 3.10% | |
| Cash & Derivatives | 2.00% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| A Acc GBP | GB00B8BMB189 | – | acc | – | 0.60% | 0.84% | – |
| A Inc GBP | GB00B7VR0864 | – | inc | – | 0.60% | 0.84% | – |
| R Acc GBP | GB0031042335 | – | acc | – | 1.30% | 1.54% | – |
| S Acc GBP | GB00BCZW5D20 | – | acc | – | 0.40% | 0.64% | – |
| S Inc GBP | GB00BCZW5C13 | – | inc | – | 0.40% | 0.64% | – |
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 |