Morningstar
To tailor your experiences to the most relevant share classes available to you, select your investor role:
Morningstar

MI Select Managers Alts Instl Acc GBP GB00BL69L593

Overview

    • NAV

      1.16

    • 1-Day Return

      -0.23%

    • Fund Size / Share Class Size

      1.6 Bil / 19.8 Mil

    • Ongoing Charge

      0.27%

    • Category

      EAA Fund Alternative Other

    • IA Sector

      —

    • 12-Month Yield

      1.47%

    • Alt Style Correlation / Relative Volatility

      High / High

    • Distribution Status

      Accumulate

    • Surveyed KIID SRRI

      3 / 7

Performance

Growth of 10,000

A chart contrasting Fund Growth of 10k over 10 years versus Category and Index
Manager Change : Full Partial

Returns

Growth of 10K component includes four parts: Growth of 10K chart, Manager Change, Fund Flows, and Annual Return table.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
YTD
Investment
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.11
9.09
6.18
Category
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Index
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Quartile Rank
—
—
—
—
—
—
—
—
—
—
—
Percentile Rank
—
—
—
—
—
—
—
—
—
—
—
# of Invest. in Cat.
—
—
—
—
—
—
—
—
—
—
—
Category Name
—
—
—
—
—
—
—
EU0881 EAA Fund Alternative Other
EU0881 EAA Fund Alternative Other
EU0881 EAA Fund Alternative Other
EU0881 EAA Fund Alternative Other

Price

How much does it cost?

Ongoing Fee Level

KIID Ongoing Charge
Fund
0.27%
Comparison Group
1.88%
Low
As of 30 Jun 2025 | Fee Level Comparison Group: Alternative Other  Retail Broad

Investment Fees

Type Actual %
KIID Ongoing Charge 0.27
Performance Fee 0.00

Other Fees

Type
Entry Cost (% Max) 0
Exit Cost (% Max) 0
Minimum Initial Investment (GBP) —
Please note, both entry and exit fees will often be waived by your platform.

Sustainability

ESG Risk Rating

—

0/5

Corporate Sustainability Score
15.62 15.69
Sovereign Sustainability Score
12.49 12.67
Low Carbon Designation

Low Carbon

Carbon Risk Score
8.83

Strategy

The Fund will aim to provide a positive return after costs (from investment growth and income) on a rolling five year basis. The Fund will typically be invested (directly or indirectly) 70% or above but will never fall below 50% in alternative assets such as commodities (including gold and other precious metals), real estate, private equity, and absolute return strategies. The Fund may also have exposure to equities, debt instruments, cash and near cash.

Related Investments

Investment Name
Inception
ISIN
Currency
Ongoing Charge
Performance Fee %
Minimum Initial Purchase
Shareclass without Retrocessions
Purchase Constraint
MI Select Managers Alts Instl Acc GBP
MI Select Managers Alts Instl Acc GBP
08 Feb 2022
GB00BL69L593
GBP
0.27
0
—
Yes
—
MI Select Managers Alts Instl Inc GBP
MI Select Managers Alts Instl Inc GBP
08 Feb 2022
GB00BL69L601
GBP
0.51
0
—
Yes
—
MI Select Managers Alts O Acc GBP
MI Select Managers Alts O Acc GBP
26 Oct 2023
GB00BL69L718
GBP
0.57
0
—
Yes
—
MI Select Managers Alts O Inc GBP
MI Select Managers Alts O Inc GBP
26 Oct 2023
GB00BL69L825
GBP
0.57
0
—
Yes
—
MI Select Managers Alts S Acc GBP
MI Select Managers Alts S Acc GBP
26 Oct 2023
GB00BR561T76
GBP
—
0
—
Yes
—
MI Select Managers Alts S Inc GBP
MI Select Managers Alts S Inc GBP
26 Oct 2023
GB00BR561S69
GBP
—
0
—
Yes
—

© Morningstar 2025. All Rights Reserved. The data and analyses herein do not constitute investment advice; is provided solely for informational purposes; is not an offer to buy/sell a security; and is not warranted to be correct, complete, or accurate. Morningstar is not responsible for any trading decisions, damages or losses resulting from, or related to, the data and analyses or their use. Financial Professionals: This report may not meet all applicable presentation and/or disclosure standards to which you are subject to by a regulator and may need to be supplemented with another report or additional data and/or disclosures. Review carefully before sharing this report and contact your Compliance team with any questions. The ESG-related information, methodologies, tool, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.