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ICVC

CT Dynamic Real Return Fund

Managed by Columbia Threadneedle InvestmentsPart of Columbia Threadneedle Opportunity Funds (UK) ICVC
Latest factsheet
Jul 2026
Fund size
£645.7m
Yearly charge
0.77%
Manager fee
–
Income yield
2.30%
Holdings
537
Launched
18 Jun 2013

The Fund aims to provide a rate of return on your investment above inflation (defined as the Consumer Price Index (CPI)), and currently targets an average annual return of CPI +4% when measured over 3 to 5 years, before charges are deducted. Regardless of market conditions, the Fund also seeks to deliver a positive return over any 3-year period. However, positive returns are not guaranteed, and no form of capital protection applies. The Fund actively manages an exposure to bonds, company shares, money market instruments, cash, currencies, commodities, property and other alternative asset classes on a global basis. The exposure to these asset classes varies over time, as deemed necessary to achieve the investment objective, which may result in the Fund having little or no exposure to certain asset classes.

Christopher Mahon (Fund Manager)

Cumulative performance

PeriodFundSector averageBenchmarkvs sector
1Y+13.40%–+2.70%–
3Y+10.50%–+2.90%–
5Y+5.70%–+5.10%–
10Y+5.20%–+3.60%–

Calendar-year performance

2016201720182019202020212022202320242025
+8.30%+7.20%-5.40%+10.60%+7.60%+4.60%-7.50%+9.00%+7.60%+11.90%

Top holdings · top 8: 84.40%

#HoldingWeight
1CT Sterling Short-Term Money Market Fund Institutional X Gross Accumulation GBP9.30%
2CT Sterling Corporate Bond Fund Institutional X Gross Income GBP8.90%
3CT Asia Fund Institutional X Accumulation GBP8.30%
4CT American Fund Institutional X Accumulation GBP8.10%
5Gov Of UK 1.25% 31-jul-20517.50%
6CT Japan Fund Institutional X Accumulation GBP6.20%
7CT UK Property Authorised Trust Institutional Income GBP3.60%
8FTSE 100 (IFEU) Sep 263.50%

Portfolio breakdown

Sector
Global Equities20.50%
Emerging Market Equities10.50%
IG Credit9.10%
HY Credit9.00%
North American Equities7.60%
Property6.80%
European ex UK Equities6.30%
Japanese Equities6.20%
EM Local4.60%
UK Equities3.90%
Other2.50%
Asset allocation
Cash - Near Cash & Fx3.40%

Share classes

ClassISINSEDOLTypeHedgedManager feeYearly chargeMinimum
Inst. AccGB00B92GCX53B92GCX5accNo–0.74%£5.0m
Inst. IncGB00B92X4P21B92X4P2incNo–0.74%£5.0m
S Acc GBPGB00BWWC6P48–accNo–0.74%–
Z AccGB00B93TQ868B93TQ86accNo–0.92%£2k
Z IncGB00B93MKD82B93MKD8incNo–0.92%£2k
–GB00B92ZBC49––––––
–GB00B8PLSS79––––––

Source factsheets

MonthPublished by the managerRead on
Jul 2026View original factsheet ↗14 Sept 2026
Jun 2026View original factsheet ↗21 Aug 2026
FCA reference 640394 · Check this fund on the FCA register ↗
Figures are read from the manager’s own published factsheet and may lag the market. Past performance is not a guide to future returns, and your capital is at risk. This is information, not advice.