Morningstar Fund Report  | 07/04/2025Print

VT Plain English Finance Funds ICVC - VT PEF Global Multi-asset Fund A GBP Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
VT Plain English Finance Funds ICVC - VT PEF Global Multi-asset Fund A GBP Accumulation
Fund5.2-2.91.25.50.0
+/-Cat-3.57.1-4.8-0.70.1
+/-B’mrk-2.86.4-8.1-3.10.2
 
Category: GBP Flexible Allocation
Category Benchmark: Morningstar UK Mod Tgt Allo...
Key Stats
NAV
04/04/2025		 GBX 103.04
Day Change -1.65%
Morningstar Category™ GBP Flexible Allocation
IA (formerly IMA) Sector Flexible Investment
ISIN GB00BDZZSM84
Fund Size (Mil)
04/04/2025		 GBP 9.34
Share Class Size (Mil)
04/04/2025		 GBP 9.34
Max Initial Charge -
Ongoing Charge
31/12/2024		  1.21%
Investment Objective: VT Plain English Finance Funds ICVC - VT PEF Global Multi-asset Fund A GBP Accumulation
The investment objective of the Fund is to provide capital growth over the medium to long term. The Fund will aim to meet its objectives primarily by using Exchange Traded Funds to provide indirect exposure to a broad selection of asset classes which may include equities, fixed income, commodities, real estate and infrastructure in different jurisdictions throughout the world.
Returns
Trailing Returns (GBP)04/04/2025
YTD-2.90
3 Years Annualised0.32
5 Years Annualised2.33
10 Years Annualised-
12 Month Yield 3.04
Management
Manager Name
Start Date
Roderick Collins
25/09/2017
Andrew Craig
25/09/2017
Inception Date
25/09/2017

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Not BenchmarkedMorningstar UK Mod Tgt Alloc NR GBP
Portfolio Profile for  VT Plain English Finance Funds ICVC - VT PEF Global Multi-asset Fund A GBP Accumulation31/03/2025
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock53.250.0053.25
Bond28.950.0028.95
Property0.000.000.00
Cash8.661.497.17
Other10.640.0010.64
Fixed Income
Effective Maturity8.93
Effective Duration5.54
Top 5 Regions%
United States24.05
Asia - Emerging19.43
Asia - Developed13.20
Japan10.18
Eurozone9.98
Top 5 Sectors%
Financial Services20.73
Technology15.78
Real Estate10.90
Consumer Cyclical10.38
Industrials9.98
Top 5 HoldingsSector%
iShares Core MSCI EM IMI ETF USD... 9.93
HSBC MSCI Emerg Mkts ETF9.80
iShares Core € Corp Bond ETF EUR... 6.04
iShares Core £ Corp Bond ETF GBP... 5.92
iShares € High Yield CorpBd ETF ... 5.90
Increase Decrease New since last portfolio
VT Plain English Finance Funds ICVC - VT PEF Global Multi-asset Fund A GBP Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  VT Plain English Finance Funds ICVC - VT PEF Global Multi-asset Fund A GBP Accumulation
Category:  GBP Flexible Allocation
Category Index:  Morningstar UK Mod Tgt Alloc NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-6.424.42-1.185.24-2.861.195.450.05
+/- Category0.80-7.81-5.79-3.507.08-4.82-0.750.09
+/- Category Index---6.47-2.766.40-8.07-3.100.15
% Rank in Category4995797815836551
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.65   -0.200.18
1 Week-3.78   -1.00-0.53
1 Month-4.48   -0.960.19
3 Months-3.67   -1.030.14
6 Months-3.71   -1.10-1.39
YTD-2.90   -0.610.33
1 Year-0.41   -1.79-2.49
3 Years Annualised0.32   -0.26-1.99
5 Years Annualised2.33   -2.97-3.47
10 Years Annualised-   --
 
Category: GBP Flexible Allocation
Category Index: Morningstar UK Mod Tgt Alloc NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.05---
20242.740.851.610.16
2023-0.16-1.350.302.44
2022-0.38-2.06-0.630.19
2021-0.304.470.780.27
2020-6.261.280.823.24
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageLow3 star
5-YearLowLow2 star
10-Year--Not Rated
OverallBelow AverageLow2 star
 
Category :  GBP Flexible AllocationClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev4.08 %
3-Yr Mean Return1.43 %
 
3-Yr Sharpe Ratio-0.64
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Mod Tgt Alloc NR GBP  MSCI Australia NR USD
3-Yr Beta0.340.18
3-Yr Alpha-2.52-2.20
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 43938-
Market Capitalisation% of Equity
Giant47.66
Large34.35
Medium16.80
Small1.16
Micro0.03
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.840.95
Price/Book1.820.80
Price/Sales1.580.93
Price/Cash Flow8.820.88
Dividend-Yield Factor3.051.35
 
Long-Term Projected Earnings Growth9.550.93
Historical Earnings Growth4.04-3.79
Sales Growth4.370.98
Cash-Flow Growth1.810.41
Book-Value Growth5.481.00
 
Category: GBP Flexible Allocation
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 10
Maturity Distribution %
1 to 318.87
3 to 525.04
5 to 716.02
7 to 1014.20
10 to 157.29
15 to 205.57
20 to 309.34
Over 302.59
Effective Maturity8.93
Effective Duration5.54
Credit Quality Breakdown %     %
AAA0.83   BB14.07
AA5.59   B8.98
A32.89   Below B1.56
BBB36.05   Not Rated0.02
 
Category: GBP Flexible Allocation
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock53.250.0053.25
Bond28.950.0028.95
Property0.000.000.00
Cash8.661.497.17
Other10.640.0010.64
World Regions31/03/2025
 % of EquityRelative to Category
United States24.050.53
Canada0.350.09
Latin America2.615.00
United Kingdom8.760.42
Eurozone9.980.85
Europe - ex Euro0.900.18
Europe - Emerging0.8312.97
Africa1.194.37
Middle East2.6525.05
Japan10.182.88
Australasia5.875.94
Asia - Developed13.206.36
Asia - Emerging19.433.57
 
Category: GBP Flexible Allocation
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials4.920.61
Consumer CyclicalConsumer Cyclical10.381.22
Financial ServicesFinancial Services20.731.21
Real EstateReal Estate10.903.62
Consumer DefensiveConsumer Defensive5.970.43
HealthcareHealthcare6.900.84
UtilitiesUtilities2.890.79
Communication ServicesCommunication Services7.691.06
EnergyEnergy3.870.99
IndustrialsIndustrials9.980.89
TechnologyTechnology15.781.03
 
Category: GBP Flexible Allocation
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings0
Assets in Top 10 Holdings64.47
NameSectorCountry% of Assets
iShares Core MSCI EM IMI ETF USD AccIreland9.93
HSBC MSCI Emerg Mkts ETFIreland9.80
iShares Core € Corp Bond ETF EUR DistIreland6.04
iShares Core £ Corp Bond ETF GBP DistIreland5.92
iShares € High Yield CorpBd ETF EUR DistIreland5.90
iShares $ Corp Bond ETF USD DistIreland5.88
Invesco Emerging Markets USD Bond ETFIreland5.79
iShares Physical Gold ETCIreland5.24
UBS FS CMCI Composite SF USD A acc ETFIreland5.05
Amundi IS Prime Japan ETF DRLuxembourg4.91
 
Increase Decrease New since last portfolio
Category: GBP Flexible Allocation
 
Management
Name of CompanyValu-Trac Investment Management Limited
Phone01343 880344
Websitewww.valu-trac.com
AddressOrton Moray IV32 7QE
 Orton   IV32 7QE
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date25/09/2017
Fund Advisor(s)
Plain English Finance Limited
Fund ManagerRoderick Collins
Manager Start Date25/09/2017
 
Biography
Roderick Collins has spent his career in various aspects of asset management, notably with N.M. Rothschild, American Express and James Capel and as Chief Executive of Jardine Matheson’s private banking group. He now  has many non-executive interests (a medical charity; a careers consultancy; a pensions adviser; a search consultant; an investment trust, and an investment fund) but his sole executive activity is to lead the investment process at Hasley
Fund ManagerAndrew Craig
Manager Start Date25/09/2017
 
Biography
Andrew Craig is the author of one of the UK's top selling finance books: ""How to Own the World"". He founded personal finance website, www.plainenglishfinance.co.uk (PEF) in 2011 and has run PEF’s global investment fund (the VT Plain English Finance Global Multi Asset fund) since launching it in September 2017. Over a 22-year career in the city of London, Andrew has met with the senior management teams of over one thousand companies and with several hundred professional investors and has regularly been involved in high profile stock market transactions. These have included the Kingdom of Sweden’s sales of Nordea Bank AB in 2013 (totalling $7.6 billion) and the stock market flotation of several dozen companies including the likes of: easyJet, Burberry, Campari, Carluccio’s, the Carbon Trust and lastminute.com. Since publishing his book and founding Plain English Finance, Andrew has appeared in numerous national and specialist financial publications including: The Mail on Sunday, The Mirror, CityAM, The Spectator, Shares and MoneyWeek magazines, YourMoney, This Is Money and Money Observer. He has been interviewed on Bloomberg and Shares Radio and on IG TV, was featured in Russell Brand and Michael Winterbottom’s 2015 film “The Emperor’s New Clothes” and interviewed by Eamonn Holmes for the Channel 5 programme “How the other half live”.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.90%
Ongoing Charge1.21%
Purchase Details
Minimum Investments
Initial100  GBP
Additional100  GBP
Savings-
Tax Free Savings Schemes
ISAsYes