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ICVC
CT Dynamic Real Return Fund
Managed by Columbia Threadneedle InvestmentsPart of Columbia Threadneedle Opportunity Funds (UK) ICVC
Latest factsheet
Jun 2026
Fund size
£655.3m
Yearly charge
0.74%
Manager fee
–
Income yield
2.30%
Holdings
510
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.
Christopher Mahon (Fund Manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1Y | +16.30% | – | +2.70% | – |
| 3Y | +11.30% | – | +2.80% | – |
| 5Y | +5.80% | – | +5.10% | – |
| 10Y | +5.60% | – | +3.50% | – |
Calendar-year performance
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| +8.30% | +7.20% | -5.40% | +10.60% | +7.60% | +4.60% | -7.50% | +9.00% | +7.60% | +11.90% |
Top holdings · top 10: 84.80%
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Global Equities | 20.00% | |
| 2 | Dev Govt | 9.90% | |
| 3 | CT Sterling Short-Term Money Market Fund Institutional X Gross Accumulation | 9.10% | |
| 4 | CT Sterling Corporate Bond Fund Institutional X Gross Income GBP | 8.90% | |
| 5 | CT Asia Fund Institutional X Accumulation GBP | 8.60% | |
| 6 | HY Credit | 8.50% | |
| 7 | CT American Fund Institutional X Accumulation GBP | 8.00% | |
| 8 | Gov Of UK 1.25% 31-jul-2051 | 7.90% | |
| 9 | CT Japan Fund Institutional X Accumulation GBP | 6.70% | |
| 10 | FTSE 100 (IFEU) Sep 26 | 3.60% |
Portfolio breakdown
Sector
| Global Equities | 20.00% | |
| Emerging Market Equities | 10.90% | |
| Dev Govt | 9.90% | |
| HY Credit | 9.10% | |
| IG Credit | 9.10% | |
| North American Equities | 7.90% | |
| Japanese Equities | 6.70% | |
| Property | 6.70% | |
| European ex UK Equities | 6.40% | |
| EM Local | 4.60% | |
| UK Equities | 4.00% | |
| Other | 2.40% | |
| Cash - Near Cash & Fx | 2.30% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| Inst. Acc | GB00B92GCX53 | B92GCX5 | acc | No | – | 0.74% | £5.0m |
| Inst. Inc | GB00B92X4P21 | B92X4P2 | inc | No | – | 0.74% | £5.0m |
| S Acc GBP | GB00BWWC6P48 | – | acc | No | – | 0.74% | – |
| Z Acc | GB00B93TQ868 | B93TQ86 | acc | No | – | 0.92% | £2k |
| Z Inc | GB00B93MKD82 | B93MKD8 | inc | No | – | 0.92% | £2k |
| – | GB00B92ZBC49 | – | – | – | – | – | – |
| – | GB00B8PLSS79 | – | – | – | – | – | – |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jun 2026 | View original factsheet ↗ | 21 Aug 2026 |