Royal London Multi-Asset Balanced Fund

The RL Multi-Asset Balanced Fund invests in a diversified mix of global assets, including equities, bonds, property, cash and alternatives. It is actively managed by RLAM and is designed to reflect the return of a broad, diversified portfolio rather than focusing on a single asset class. The fund typically holds a higher exposure to lower-risk assets such as bonds.

The RL Multi-Asset Balanced Fund is aimed at investors seeking long-term growth and income over at least 5 years, and the factsheet recommends a medium to long-term horizon of at least 7 years. It is positioned as the medium-risk, medium-return option within the Royal London Ireland Multi-Asset range. That makes it more suitable for investors who want balance rather than the highest possible growth or the lowest possible risk.

The RL Multi-Asset Balanced Fund is intended to sit in the middle of the Royal London Ireland Multi-Asset range, with medium expected risk and return relative to the other funds. Royal London classifies its range into seven risk categories, and this fund is designed to help investors understand the level of risk to their original investment. Because it invests in markets and other assets that can move up and down, the value of the fund can fluctuate.

The RL Multi-Asset Balanced Fund is exposed to market fluctuations, capital returns, currency risk, counterparty risk, liquidity risk and sustainability risks. Currency risk means changes in exchange rates can affect returns when the fund invests in assets priced in foreign currencies. Counterparty risk means another party involved in a financial contract may fail to meet its obligations.

The RL Multi-Asset Balanced Fund is classified as Article 8 and includes sustainability risks in its risk profile. Its holdings show a meaningful allocation to Royal London and iShares funds with sustainable, climate, or ESG-related names, such as Global Sustainable Credit and EUR Government Bond Climate funds. That suggests sustainability considerations are part of the portfolio construction, although the fund is still diversified across a wide range of global assets.