Prima Balanced Acc
ISIN: GB00BKWHS824 | MEX: MAAAIQ | CITI: QUTU
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Buy 107.73 GBX
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Sell 107.73 GBX
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Price Change 1.49800%
Past Performance
- 24th Apr 2020 to 24th Apr 202121.44%
- 24th Apr 2021 to 24th Apr 2022-3.37%
- 24th Apr 2022 to 24th Apr 2023-1.88%
- 24th Apr 2023 to 24th Apr 20246.90%
- 24th Apr 2024 to 24th Apr 2025-0.62%
Objectives and Approach
The objective of the Prima Balanced Fund is to provide capital growth and income over 4 years (investors should also consider this to be the minimum recommended holding period). The minimum period does not provide any guarantee that this objective will be achieved and investors should be aware that capital and the income distributed are at risk. The Sub-fund will invest a minimum of 70% in regulated collective investment schemes (which may include schemes operated by the manager, associates or controllers of the manager), in any economic sector and any geographic area, across a wide range of assets. The Sub-fund may also invest directly (maximum of 30%) in shares, bonds, cash, near cash instruments, investment trusts, real estate investment trusts (REITs) and structured products which may embed a derivative. Overall exposure to shares, either held directly or through regulated collective investment schemes will be between 40% and 85%. The Portfolio will be constructed from a strategic asset allocation, which may change gradually over time as the composition and return profile of global investment markets evolve. To ensure that it is reasonable to have expected the allocation to meet the stated objectives and risk profile, the Strategic asset allocation is modelled or back tested over several decades. The management team assess the portfolio and current economic and investment conditions. Based on the team’s assessment, the asset allocation will be adjusted to create a short-term (Tactical) asset allocation. Normally, the Sub-fund will be fully invested save for an amount to enable ready settlement of liabilities (including redemption of units) and efficient management of the Sub-fund both generally and in relation to its strategic objective. This amount will vary depending upon prevailing circumstances and although it would normally not exceed 10% of the total value of the Sub-fund, it may be up to 30% when the Manager considers stock markets around the world to be overpriced or that a period of instability exists which presents unusual risks.
Key Information
| Inception | 17th Feb 2020 |
| Historic Yield | 0% |
| Sector | IA Mixed Investment 40-85% Shares |
| Fund Size | £47.215mn |
| Fund Type | OEIC |
| Classification | Accumulation |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
0.45% |
| Initial Charge | 0% |
| AMC | 0.10% |
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Our Platform Charge We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
0.45% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Performance
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Chart Options
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This fund's IA Sector (IA Mixed Investment 40-85% Shares)
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Current Comparators -
Cumulative Performance
1 month 3 months 6 months 1 year 3 years 5 years -3.70% -7.92% -5.34% -0.62% 4.25% 22.34%
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
100,928 bytes PDF Document; last updated 08 Apr 2025
942,606 bytes PDF Document; last updated 09 Dec 2024
Management Team
Margetts Fund Management Ltd
has managed this fund for 5 years and 2 months.
The Margetts investment team provides the fund management services. The lead fund manager is CEO Toby Ricketts, who is supported by a team of four analysts. The Margetts investment team also provides independent investment research relating to collective investment schemes and market commentary through the Margetts Research website. Toby also works with various independent financial advisers, networks and consultants to provide fund management advice and oversight, and is a regular speaker on investment, market and related regulatory matters.
Manager Cumulative Performance v Peer Group
All funds managed by Margetts Fund Management Ltd
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Prima Cautious | Sole | Feb 2020 |
| Prima Adventurous | Sole | Feb 2020 |
| MGTS Sentinel Unv | Co | May 2020 |
| MGTS Tempus Universal Portf | Co | Jan 2021 |
| MGTS Sentinel Unv | Co | May 2020 |