Ninety One Global Macro Allocation Fund

Select share classes

Ninety One Funds Series i - Global Macro Allocation Fund I Acc GBP

Category GBP Flexible Allocation


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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

300.23p

arrow-up1.35p (+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).

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

20.40
16.28

3.12

3.12
1.95

3.59

3.59
2.52

15.70

15.70
10.84

Growth rate

Ninety One Funds Series i - Global Macro Allocation Fund I Acc GBP
GBP Flexible Allocation

10.59%

10.59%
9.50%

1.28%

1.28%
2.22%

11.64%

11.64%
2.82%

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

5.04%
-

Con cyclical

10.66%
-

Financial svs

18.92%
-

Real estate

0.19%
-

50.34%

Comm services

16.48%
-

Energy

0.29%
-

Industrials

5.31%
-

Technology

28.25%
-

14.84%

Con defensive

3.24%
-

Healthcare

9.59%
-

Utilities

2.01%
-


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