Investment Objective
TM Fulcrum Diversified Core Absolute Return Fund aims to achieve long-term absolute returns of inflation + 3% to 5% in all market conditions over rolling five year annualised periods, with lower volatility than equity markets. In doing so the Fund aims to achieve a positive return on a rolling three year basis. However, a positive return is not guaranteed and a capital loss may occur. Investors should be aware that the Fund’s capital is in fact at risk and there is no guarantee that these returns will be achieved, whether over rolling five year periods, or any time period.
Latest Meeting Note
Fund Note 27 Nov 2017
A liquid, global multi-asset strategy that seeks to generate UK RPI +3% to 5% over rolling 5 year periods, with a focus on downside protection. Core themes are developed by the multi-asset investment team with satellite ideas generated b...
A liquid, global multi-asset strategy that seeks to generate UK RPI +3% to 5% over rolling 5 year periods, with a focus on downside protection. Core themes are developed by the multi-asset investment team with satellite ideas generated by asset class specialists, using both fundamental and behavioural inputs. The strategy relies on three primary sources of uncorrelated returns which are: directional, relative value and liquid absolute return strategies. Their active weight is managed by the investment team and then overlaid with hedging/protection to form the final portfolio.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.5 | 0.6 | 0.7 | 0.4 | 0.1 | 0.9 | 0.3 | 0.6 | 0.4 | 1.0 | 0.7 | 0.8 | 0.1 | |
| 2022 | 0.6 | 0.3 | 0.2 | 0.9 | 0.9 | 0.5 | 0.8 | 0.1 | 0.0 | 1.0 | 0.1 | 0.7 | 0.4 |
