Changes to the AJ Bell Favourite funds and Ready-made portfolios

Ryan Hughes

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Part of my role as Head of Active Portfolios here at AJ Bell is to ensure that funds on the Favourite fund list are kept under constant review, and to make any changes we deem necessary. Below are the recent changes we’ve made.

 

Funds removed

On Friday, Nick Clay, manager of the BNY Global Income fund, announced he was leaving BNY, along with the deputy manager and two analysts in the team. With such a large number of the management team departing, we anticipate a lot of uncertainty while the new manager beds in. Clay, who has worked on the fund for a long time and been lead manager for the past five years, was a very experienced manager. We believe he was integral to the fund, and because of his departure, have decided to remove the fund from our Favourite funds list and Ready-made portfolios.

Funds added

We have added the Trojan Global Income fund to the Favourite funds list and to our Ready-made Balanced and Adventurous portfolios. This fund is managed by the very experienced James Harries. He looks to invest in high-quality companies with strong competitive advantages – which he believes can lead to the ability to compound returns over the long term.

In the Ready-made Income portfolio, we’ve added the Evenlode Global Income fund, which we recently added to the Favourite fund list. This fund, which is managed by Ben Peters, operates in a similar manner to Trojan Global Income. But as the three Ready-made growth portfolios already include the Evenlode Income fund, we felt it was important to ensure a diversity of asset managers across the portfolio.

The tables below show the asset allocation for each of the Ready-made portfolios, and the funds which have been removed and added are highlighted.

Balanced portfolio asset allocation

Previous New
Fund Asset allocation (%) Fund Asset allocation (%)
Fidelity Global Special Sits Acc 11 Fidelity Global Special Sits Acc 11
Fidelity Strategic Bond Acc 23 Fidelity Strategic Bond Acc 23
Janus Henderson UK Absolute Return Acc 10 Janus Henderson UK Absolute Return Acc 10
Jupiter UK Special Situations Acc 15 Jupiter UK Special Situations Acc 15
TB Evenlode Income Acc 20 TB Evenlode Income Acc 20
BNY Global Income Acc 11 Trojan Global Income Acc 11
TwentyFour Corporate Bond Acc 10 TwentyFour Corporate Bond Acc 10

Adventurous portfolio asset allocation

Previous New
Fund Asset allocation (%) Fund Asset allocation (%)
Artemis Strategic Bond Inc 6 Artemis Strategic Bond Inc 6
Fidelity Global Special Sits Acc 26 Fidelity Global Special Sits Acc 26
Franklin UK Mid Cap Acc 10 Franklin UK Mid Cap Acc 10
Janus Henderson UK Absolute Return Acc 5 Janus Henderson UK Absolute Return Acc 5
Jupiter UK Special Situations Acc 15 Jupiter UK Special Situations Acc 15
TB Evenlode Income Acc 15 TB Evenlode Income Acc 15
BNY Global Income Acc 23 Trojan Global Income Acc 23

Income portfolio asset allocation

Previous New
Fund Asset allocation (%) Fund Asset allocation (%)
Artemis Strategic Bond Inc 10 Artemis Strategic Bond Inc 10
First State Global Listed Infrastructure Inc 20 First State Global Listed Infrastructure Inc 20
Man GLG UK Income Professional Inc 15 Man GLG UK Income Professional Inc 15
BNY Global Income Inc 20 TB Evenlode Global Income 20
Trojan Income Inc 20 Trojan Income Inc 20
TwentyFour Corporate Bond Inc 15 TwentyFour Corporate Bond Inc 15

Cautious portfolio asset allocation (which remains unchanged)

Fund Asset allocation (%)
Fidelity Global Special Sits Acc 5
Fidelity Strategic Bond Acc 30
Investec UK Alpha Acc 15
Janus Henderson UK Absolute Return Acc 10
Royal London Corporate Bond Inc 20
TwentyFour Corporate Bond Acc 20

We hope you find this update useful. Please remember that it falls to you to monitor and manage your own investments and to make any changes you think are necessary. Keep in mind this is information only, and not a personal recommendation to buy/sell any of the funds referenced above.

Find out more about our Favourite funds list.

Find out more about our Ready-made portfolios.

These articles are for information purposes only and are not a personal recommendation or advice.

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Written by:
Ryan Hughes
Managing Director - AJ Bell Investments

Ryan Hughes is Managing Director of AJ Bell Investments. He has over 25 years’ experience across a variety of roles covering investment research and fund management, working in a range of companies spanning financial advice through to global asset management. Ryan joined AJ Bell in 2016 and in 2024, he was made Managing Director of AJ Bell Investments. Ryan is a member of the CFA UK Society and has been recognised as one of the leading fund researchers in the UK.

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