Ninety One Funds Series i - Global Macro Allocation Fund I Acc GBP
Category GBP Flexible Allocation
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
300.23p
1.35p (+0.45%)
Fund Code
ICMGA
B2Q1JB4
GB00B2Q1JB44
Prices updated as at 12 Dec 2025
Prices in GBX
Investment objective
The Fund aims to provide total returns comprised of capital growth and income over at least 5 years. While the Fund aims to achieve a positive return, there is no guarantee it will be achieved over 5 years or over any period of time and there is risk of loss. The Fund invests in a broad range of assets around the world. These assets may include shares of companies (which may be of any size and in any industry sector), bonds (or similar debt-based assets), commodities, property and other alternative assets (such as hedge funds, infrastructure funds and private equity funds). Investments may be held directly in the asset itself (excluding commodities and property) or indirectly (e.g. using derivatives (financial contracts whose value is linked to the price of an underlying asset), exchange traded products and/or through funds).
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, SDR Consumer facing disclosure, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Portfolio as of 31/10/2025
Asset allocation
Show long & short position
Geographical breakdown
Continent or country allocation (%)
Market classification (%)
Stock style
Large core
35.60%
% Weight
Value
Core
Growth
Large
13
36
29
Medium
7
7
7
Small
1
0
1
Valuation
Ninety One Funds Series i - Global Macro Allocation Fund I Acc GBP
GBP Flexible Allocation
20.40
3.12
3.59
15.70
Growth rate
Ninety One Funds Series i - Global Macro Allocation Fund I Acc GBP
GBP Flexible Allocation
10.59%
1.28%
11.64%
Top 10 holdings
1
Long Gilt Future Dec 25
Sector
-
Country
United Kingdom
% of assets
7.56968
2
United States Treasury Notes 0.125%
Sector
-
Country
United States
% of assets
6.465
3
Euro Stoxx 50 1225
Sector
-
Country
Germany
% of assets
6.24432
4
United States Treasury Notes 0.125%
Sector
-
Country
United States
% of assets
6.08211
5
Future on E-mini S&P 500 Futures
Sector
-
Country
United States
% of assets
5.5178
6
Denmark (Kingdom Of) 4.5%
Sector
-
Country
Denmark
% of assets
4.0078
7
NVIDIA Corp
Sector
-
Country
United States
% of assets
3.92263
8
iShares Physical Gold ETC
Sector
-
Country
Ireland
% of assets
3.05105
9
United States Treasury Notes 1.25%
Sector
-
Country
United States
% of assets
3.03641
10
Australia (Commonwealth of) 3.5%
Sector
-
Country
Australia
% of assets
2.91354
Assets in top 10 holdings %
48.81%
Total no. of equity holdings
65.00
Total no. of bond holdings
22.00
Stock sectors
Ninety One Funds Series i - Global Macro Allocation Fund I Acc GBP
GBP Flexible Allocation
34.83%
Basic materials
Con cyclical
Financial svs
Real estate
50.34%
Comm services
Energy
Industrials
Technology
14.84%
Con defensive
Healthcare
Utilities