Charity Multi-Asset Fund update

As markets post their worst quarterly fall in more than seven years, Tom Montagu-Pollock looks at the performance and positioning of the Fund



Tom Montagu-Pollock
Co-Head of Charities and Fund Manager

Markets have risen strongly in the decade since the financial crisis – but in the final three months of 2018 they delivered the worst quarterly fall in many years.

The Charity Multi-Asset Fund’s diversification into property and infrastructure helped offset some o the declines.

Looking ahead, global growth is weakening, but earnings remain positive, and at these lower levels equity prices have become more attractive. Market volatility, which we expect to continue through 2019, might create a number of opportunities.

This article is issued by Cazenove Capital which is part of the Schroders Group and a trading name of Schroder & Co. Limited, 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 

Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.

This document may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.

All data contained within this document is sourced from Cazenove Capital unless otherwise stated.


Tom Montagu-Pollock
Co-Head of Charities and Fund Manager


Charity Multi-Asset Fund

The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested.