Charles Stanley
Multi Asset Funds

A fund pools together money from many individuals and invests it. Each investor is issued units (sometimes referred to as shares), which represent a portion of the holdings of the fund and can be bought and sold on a daily basis.

OEIC stands for Open Ended Investment Company. It is a type of fund that invests in other companies and securities. Different types of investment strategies are used dependent upon the sector in which the OEIC is listed. OEICs have a single price directly linked to the value of the fund's underlying investments so ordinarily there is no difference between the price of buying and selling.

The fund blends a range of investments together to create a diversified portfolio. The variety of securities, such as shares and bonds, are identified from Charles Stanley's proprietary equity and fixed income research. These are expected to represent the bulk of the portfolio. Collective funds such as unit trusts and investment trusts may also be used, for example to invest in alternative areas such as property or infrastructure. More details can be found on the fund factsheet.

Choosing any investment involves striking the right balance between risk and potential reward – as well as assessing financial capacity (affordability) to absorb potential losses. Typically, if the level of risk taken is low, the return should also be expected to be low, whereas if the level of risk is higher there is greater potential to make a better return over time – but there is also a greater potential for falls, especially in the shorter term.

The longer the timescale, the longer investments have for market fluctuations to even out. This is why many people turn to higher risk investments to help to potentially grow their capital in order to meet longer term objectives such as retirement. However, if the investment falls in price, investors need the financial capacity (affordability) to stay invested to give it the chance to recover rather than lock in any losses.

The main types of asset are equities, fixed interest securities (bonds) and property. Each has different characteristics but, unlike cash, they can fall as well as rise in value and you may not get back what you originally invested. History shows that over the long term (i.e. decades) the stock market (representing shares in individual companies) is typically the most volatile of these asset classes but has also provided the best overall returns; but mixing shares with other asset classes may lower short term volatility while still providing reasonable returns.

The objective of the MI Charles Stanley Monthly High Income Fund is to generate a high income with the potential for capital growth. To try and achieve this objective the fund must take some investment risk. The fund is expected to have a similar level of risk to Charles Stanley Multi Asset 2 Cautious Fund, which aims to deliver an overall investment return of inflation (as measured by the UK Consumer Prices Index) plus 1% a year, over a 5-year period.

The MI Charles Stanley Monthly High Income Fund is constrained in terms of the quantity of equities it can hold. The maximum is 35%, and the bias in favour of bonds over equities means it is aimed at investors with a medium-low risk outlook.

The fund is subject to market fluctuations and can fall in value as well as rise. If you are unsure about investing you should consider taking regulated financial advice.

The fund has an annual charge (known as the OCF or 'Ongoing Charges Figure') and the latest figure can be seen on the fund’s monthly factsheet. This represents the costs of running the fund including management and administration charges, and the charges for any underlying funds held.

In addition, you pay a percentage 'platform' charge for holding the fund with Charles Stanley Direct. This is a maximum of 0.35% of the value of the fund held, and more details can be found on our features page.

Simply log into an existing Charles Stanley Account or, for those not already customers, complete the registration process. The fund can be purchased in an ISA, Junior ISA, SIPP (pension) or Investment Account with Charles Stanley and money can be added to any of these accounts using a debit card. Once sufficient funds are in the relevant account, the account is logged in and the page is opened for the chosen units, use the 'buy' button. Alternatively, use the 'buy now' button on this page and follow the instructions from there.

Orders placed after 11:00 will be placed the next working day at the price for that day.

Our Helpdesk team is always happy to offer information on our range of accounts, as well as the fund, shares and other investment options available within them:

If you are already a client the best way to get in touch with the Helpdesk is via a Secure Message. Alternatively you can email us at [email protected]. Please do not send any sensitive information in an email, as it is not a secure medium of transmission. You can also call us on 0131 550 1234 from 7.30am to 5.00pm, Monday to Friday.