MoneyAM Fund Centre

Quick Stats

Fund Objective

We aim to deliver a greater total return than our benchmark (made up of 35% FTSE All-Share Index, 35% FTSE World excluding UK Index, 5% Investment Association (IA) UK Direct Property sector, 5% Bank of England Base Rate + 2%, 18% FTSE Actuaries UK Conventional Gilts All Stocks Index and 2% Bank of England Base Rate), after fees, over any rolling five-year period. Total return means the return we receive from the value of our investments increasing (capital growth) plus the income we receive from our investments (interest and dividend payments). We use our benchmark as a target for our fund’s return because it represents a diversified, long-term portfolio for charities.

Fund Managers

Andrew Pitt

Andy joined Rathbones in June 2014 as an Investment Director and Head of Charities, London, following his previous role as Head of Charities at Newton Investment Management. Andy has also worked at Schroder Investment Management and UBS Wealth Management, and during his career has managed investment portfolios for a wide variety of charities and other not-for-profit organisations, as well as individuals, trusts and corporates. Andy is a visiting lecturer at the Cass Business School (Sector for Charity Effectiveness), and an external member of the investment committee of the Alzheimer’s Society. He is also an Associate Member of the CFA Society of the UK (ASIP) and a Chartered Fellow of the CISI (FCSI).