Morningstar Fund Report  | 17/04/2025Print

IFSL Wise Multi-Asset Income B Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
IFSL Wise Multi-Asset Income B Acc
Fund21.6-3.77.25.92.3
+/-Cat10.46.4-1.2-3.13.5
+/-B’mrk9.33.5-3.5-5.32.8
 
Category: GBP Allocation 60-80% Equity
Category Benchmark: Morningstar UK Mod Adv Tgt ...
Key Stats
NAV
16/04/2025		 GBX 325.84
Day Change 0.15%
Morningstar Category™ GBP Allocation 60-80% Equity
IA (formerly IMA) Sector Mixed Investment 40-85% Shares
ISIN GB00B0LJ1M47
Fund Size (Mil)
31/03/2025		 GBP 53.11
Share Class Size (Mil)
31/03/2025		 GBP 18.42
Max Initial Charge -
Ongoing Charge
31/08/2024		  1.05%
Investment Objective: IFSL Wise Multi-Asset Income B Acc
The Fund aims (after deduction of charges) to provide an annual income in excess of 3%; and income and capital growth (after income distributions) at least in line with the Consumer Price Index (“CPI”), over Rolling Periods of 5 years. The Fund may have direct or indirect exposure to multiple asset classes. At any one time, between 40 – 85% of the Fund will be directly or indirectly exposed to equities. The balance of the Fund will be exposed, in any combination to one or more of alternative asset classes, such as infrastructure, clean energy, commodities, property and private equity; fixed interest securities; money market instruments; deposits; cash and near cash. Exposure to alternative asset classes will always be indirect. Indirect exposure will be obtained through investments in closed-ended collective investment funds and open-ended collective investment schemes, which may include those managed by the ACD and its associates (together ‘collective investment vehicles’).
Returns
Trailing Returns (GBP)16/04/2025
YTD0.65
3 Years Annualised2.23
5 Years Annualised12.29
10 Years Annualised5.70
12 Month Yield 4.86
Management
Manager Name
Start Date
Vincent Ropers
01/04/2017
Philip Matthews
01/09/2018
Inception Date
03/10/2005

Category Benchmark
Fund BenchmarkMorningstar Benchmark
UK CPIMorningstar UK Mod Adv Tgt Alloc NR GBP
Portfolio Profile for  IFSL Wise Multi-Asset Income B Acc31/03/2025
Morningstar Style Box®
Equity Style
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock54.420.1354.29
Bond7.140.526.62
Property0.000.000.00
Cash13.728.195.53
Other35.702.1333.57
Fixed Income
Effective Maturity-
Effective Duration-
Top 5 Regions%
United Kingdom45.05
United States22.79
Eurozone10.15
Canada4.74
Asia - Developed3.92
Top 5 Sectors%
Financial Services22.86
Basic Materials14.37
Utilities11.46
Healthcare9.87
Real Estate9.75
Top 5 HoldingsSector%
Schroder Global Equity Income Z Inc6.86
Ecofin Global Utilities & Infra Ord6.36
Vontobel TwentyFour StratInc AQG... 5.87
HICL Infrastructure PLC Ord5.87
TwentyFour Income Ord5.50
Increase Decrease New since last portfolio
IFSL Wise Multi-Asset Income B Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  IFSL Wise Multi-Asset Income B Acc
Category:  GBP Allocation 60-80% Equity
Category Index:  Morningstar UK Mod Adv Tgt Alloc NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-12.0321.46-9.9421.59-3.727.175.922.26
+/- Category-5.665.79-15.1910.456.36-1.19-3.083.54
+/- Category Index---14.469.333.54-3.49-5.312.79
% Rank in Category975991768885
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.15   -0.39-0.10
1 Week5.95   3.693.07
1 Month-1.07   2.172.70
3 Months0.34   5.445.62
6 Months-0.86   3.471.67
YTD0.65   5.114.38
1 Year8.03   7.634.85
3 Years Annualised2.23   -0.10-2.29
5 Years Annualised12.29   6.034.39
10 Years Annualised5.70   1.34-0.05
 
Category: GBP Allocation 60-80% Equity
Category Index: Morningstar UK Mod Adv Tgt Alloc NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20252.26---
2024-1.354.385.11-2.13
2023-0.88-1.090.438.85
20221.83-6.03-5.806.81
20217.484.772.515.33
2020-35.3014.00-2.9225.77
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageHigh3 star
5-YearHighHigh5 star
10-YearAbove AverageHigh3 star
OverallAbove AverageHigh4 star
 
Category :  GBP Allocation 60-80% EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.49 %
3-Yr Mean Return3.82 %
 
3-Yr Sharpe Ratio-0.02
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Mod Adv Tgt Alloc NR GBP  Morningstar UK Small Cap TME NR GBP
3-Yr Beta0.960.59
3-Yr Alpha-1.672.24
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 6661-
Market Capitalisation% of Equity
Giant13.19
Large29.25
Medium22.72
Small18.95
Micro15.89
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings10.970.66
Price/Book1.240.48
Price/Sales0.920.50
Price/Cash Flow6.200.57
Dividend-Yield Factor4.451.93
 
Long-Term Projected Earnings Growth10.351.05
Historical Earnings Growth-5.07-0.83
Sales Growth1.560.26
Cash-Flow Growth-1.92-0.09
Book-Value Growth-1.03-0.43
 
Category: GBP Allocation 60-80% Equity
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 53
Maturity Distribution %
1 to 38.89
3 to 515.30
5 to 79.16
7 to 1037.12
10 to 1513.35
15 to 200.80
20 to 309.29
Over 301.73
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Category: GBP Allocation 60-80% Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock54.420.1354.29
Bond7.140.526.62
Property0.000.000.00
Cash13.728.195.53
Other35.702.1333.57
World Regions31/03/2025
 % of EquityRelative to Category
United States22.790.44
Canada4.744.85
Latin America2.073.71
United Kingdom45.052.35
Eurozone10.151.09
Europe - ex Euro2.380.57
Europe - Emerging0.100.54
Africa0.624.33
Middle East0.150.50
Japan1.980.32
Australasia2.594.14
Asia - Developed3.921.26
Asia - Emerging3.461.07
 
Category: GBP Allocation 60-80% Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials14.373.63
Consumer CyclicalConsumer Cyclical5.270.51
Financial ServicesFinancial Services22.861.29
Real EstateReal Estate9.753.75
Consumer DefensiveConsumer Defensive3.940.59
HealthcareHealthcare9.870.83
UtilitiesUtilities11.464.31
Communication ServicesCommunication Services4.850.66
EnergyEnergy6.211.62
IndustrialsIndustrials7.540.59
TechnologyTechnology3.870.19
 
Category: GBP Allocation 60-80% Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings4
Total Number of Bond Holdings0
Assets in Top 10 Holdings53.13
NameSectorCountry% of Assets
Schroder Global Equity Income Z IncUnited Kingdom6.86
Ecofin Global Utilities & Infra OrdUnited Kingdom6.36
Vontobel TwentyFour StratInc AQG GBPLuxembourg5.87
HICL Infrastructure PLC OrdUnited Kingdom5.87
TwentyFour Income OrdGuernsey5.50
Aberforth Smaller Companies OrdUnited Kingdom4.92
BlackRock Energy and Resources IncUnited Kingdom4.66
International Public Partnerships OrdGuernsey4.52
Man Income Professional Inc DUnited Kingdom4.36
BlackRock World Mining Trust OrdUnited Kingdom4.22
 
Increase Decrease New since last portfolio
Category: GBP Allocation 60-80% Equity
 
Management
Name of CompanyWise Funds Limited
Phone+44 01608 695 180
Websitehttps://wise-funds.co.uk/
AddressThe Great Barn, Chalford Park Barns, Oxford Road, Chipping Norton
 Oxon   OX7 5QR
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date03/10/2005
Fund Advisor(s)
Wise Funds Limited
Fund ManagerVincent Ropers
Manager Start Date01/04/2017
 
Biography
Vincent joined the Wise Funds team as Co-Portfolio Manager in April 2017. He started his career in 2004 and brings experience in multi-asset research and portfolio management, previously at Goldman Sachs, Fidelity International, Ignis Asset Management which became Standard Life Investments. He is a graduate from ESCP Europe in Paris and holds the Investment Management Certificate.
Fund ManagerPhilip Matthews
Manager Start Date01/09/2018
Career Start Year1999
Education
University of Cambridge, B.A.
 
Biography
Philip joined the Wise Funds team in September 2018 as Co-portfolio manager. He started his career at Jupiter in 1999, during this period he has managed retail and institutional equity portfolios. His portfolios focused on income generation and he has experience investing into UK companies across the market cap spectrum. In 2013 he joined Schroders, where he managed their UK Alpha Plus portfolio and UK Growth Investment Trust.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge1.05%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional50  GBP
Savings-
Tax Free Savings Schemes
ISAsYes