{"id":198477,"date":"2025-04-22T10:42:11","date_gmt":"2025-04-22T10:42:11","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/liontrust-ma-blended-intermediate-blend-can-be-your-friend-in-battle-to-storm-proof-a-portfolio\/"},"modified":"2025-04-22T10:42:11","modified_gmt":"2025-04-22T10:42:11","slug":"liontrust-ma-blended-intermediate-blend-can-be-your-friend-in-battle-to-storm-proof-a-portfolio","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=198477","title":{"rendered":"LIONTRUST MA BLENDED INTERMEDIATE: Blend can be your friend in battle to storm-proof a portfolio"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"js-article-text\" wp_automatic_readability=\"97.539578493196\">\n<p class=\"author-section byline-plain\">By <a href=\"https:\/\/www.dailymail.co.uk\/profile-3731\/rosie-murray-west.html\" class=\"author\">ROSIE MURRAY-WEST<\/a> <\/p>\n<p class=\"byline-section\"><span class=\"article-timestamp article-timestamp-updated\"> <span class=\"article-timestamp-label\">Updated:<\/span> <time datetime=\"2025-04-22T11:25:06+0100\"> 06:25 EDT, 22 April 2025 <\/time> <\/span> <\/p>\n<p> <!-- ad: https:\/\/mads.dailymail.co.uk\/v8\/us\/money\/moneymarkets\/article\/other\/para_top.html --> <!-- CWV --><!--[if !IE]><!--> <link href=\"https:\/\/scripts.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-async-bundle\/11.13.5\/articleDefer.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/> <!--<![endif]--> <!--[if IE]>\n<link href=\"https:\/\/scripts.dailymail.co.uk\/static\/gunther\/1.17.0\/registration--.css\" media=\"screen\" rel=\"stylesheet\" type=\"text\/css\" \/>\n<![endif]--> <!--[if !IE]><!--> <link href=\"https:\/\/scripts.dailymail.co.uk\/static\/gunther\/18.3.0\/registration--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/> <!--<![endif]--><!--[if IE]>\n<link href=\"https:\/\/scripts.dailymail.co.uk\/static\/gunther\/1.17.0\/all-ie8-9--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/>\n<link href=\"https:\/\/scripts.dailymail.co.uk\/static\/gunther\/1.17.0\/all1-ie8-9--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/>\n<![endif]--> <!--[if !IE]><!--> <link href=\"https:\/\/scripts.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-sync-bundle\/14.7.4\/desktop.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/> <link href=\"https:\/\/scripts.dailymail.co.uk\/static\/gunther\/18.3.0\/all--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/><link href=\"https:\/\/scripts.dailymail.co.uk\/static\/gunther\/18.3.0\/all1--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/> <!--<![endif]--> <!--[if IE 8]>\n\n<![endif]--> <!--[if IE 9]>\n\n<![endif]--> <!--[if IE]>\n\n<![endif]--> <!--[if !IE]> -->  <!--<![endif]--><!-- SiteCatalyst code version: H.20.3.\n    Copyright 1997-2009 Omniture, Inc. More info available at\n    http:\/\/www.omniture.com -->  <\/p>\n<p>         <!-- End SiteCatalyst code version: H.20.3. -->  <!--[if IE]>\n\n<![endif]--> <!--[if !IE]> -->   <!--<![endif]--><!--[if IE]>\n  \n  <noscript><link rel=\"stylesheet\" href=\"https:\/\/scripts.dailymail.co.uk\/static\/gunther\/gunther-2159\/video_bundle--.css\"><\/noscript>\n  \n<![endif]--> <!--[if !IE]> --> <link rel=\"preload\" href=\"https:\/\/scripts.dailymail.co.uk\/static\/videoplayer\/7.10.0\/styles\/mol-fe-videoplayer.min.css\" as=\"style\" onload=\"this.rel=\" stylesheet=\"\" \/> <noscript><link rel=\"stylesheet\" href=\"https:\/\/scripts.dailymail.co.uk\/static\/videoplayer\/7.10.0\/styles\/mol-fe-videoplayer.min.css\" \/><\/noscript>  <!-- <![endif]-->\n          <link rel=\"stylesheet\" type=\"text\/css\" href=\"https:\/\/scripts.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-xpmodule-tim-affiliate\/1.3.2\/index.css\" \/>\n          <!-- CWV --><\/p>\n<div itemprop=\"articleBody\" wp_automatic_readability=\"83.728963684677\">\n<p class=\"mol-para-with-font\">Running a portfolio of funds with different risk levels during a tornado of tariff announcements is like trying to shelter from a hurricane under an umbrella.<\/p>\n<p class=\"mol-para-with-font\">But John Husselbee, who oversees Liontrust&#8217;s suite of multi-asset funds, reckons his storm-proofing is holding up okay.<\/p>\n<p class=\"mol-para-with-font\">&#8216;I think blend is your friend,&#8217; he says, referring to his firm&#8217;s practice of putting together a mix of active and passive funds invested in corporate bonds and government bonds and geographically diversified equities to create portfolios with varying volatility levels.<\/p>\n<p class=\"mol-para-with-font\">The idea is that by holding a range of assets the funds will not suffer too big a fall if any one drops in value.<\/p>\n<p class=\"mol-para-with-font\">The <a style=\"font-weight: bold;\" class=\"\" rel=\"nofollow noreferrer noopener\" target=\"_blank\" href=\"https:\/\/investing.thisismoney.co.uk\/funds\/F00000P5SW\/overview\">MA Blended Intermediate<\/a> fund sits in the middle of Liontrust&#8217;s risk-rated multi-asset range and its popularity suggests many investors hope it will hit the Goldilocks &#8216;sweet spot&#8217; in terms of risk \u2013 neither too hot nor too cold.<\/p>\n<p class=\"mol-para-with-font\">It is now worth \u00a3360million and is the largest of the Liontrust Multi-Asset range.<\/p>\n<div class=\"artSplitter mol-img-group mol-hidden-caption\" style=\"\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img decoding=\"async\" id=\"i-11eaec92efe25b41\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2025\/04\/19\/18\/97467205-14627609-image-m-193_1745085036623.jpg\" height=\"400\" width=\"634\" alt=\"\" class=\"blkBorder img-share\" style=\"max-width:100%\" loading=\"lazy\" \/> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"mol-para-with-font\">Husselbee says that, like most such funds, the product aims to provide a one-stop shop for investors, a &#8216;core holding&#8217; that can be used at the heart of a portfolio, with investors bolting on other funds that they are interested in.<\/p>\n<p class=\"mol-para-with-font\">It has a classic ratio of 60 per cent equities to 40 per cent bonds and its stated aim is to provide &#8216;capital growth and income with a median level of volatility&#8217;.<\/p>\n<p class=\"mol-para-with-font\">To this end, it has been awarded a risk rating of four, in a range of one to seven where seven is high risk and one virtually unsinkable.<\/p>\n<p class=\"mol-para-with-font\">But as we are all discovering, even medium volatility can be sizeable in times of great market turbulence. In the past three months, the fund is down 5.5 per cent.<\/p>\n<p class=\"mol-para-with-font\">Husselbee&#8217;s special blend is not enough to contend with US President Donald Trump&#8217;s vacillations, though a closer look suggests that diversification and the ability to take active decisions may have taken the edge off the pain.<\/p>\n<p class=\"mol-para-with-font\">We can see this by comparing it with its vastly popular and cheaper rival, the passive Vanguard 60\/40 LifeStrategy Fund, which is down 6.7 per cent in the same period.<\/p>\n<p class=\"mol-para-with-font\">The Liontrust fund takes a more active approach, which means that managers can change its composition depending on where they see opportunities or heightened risk.\u00a0For example, the portfolio currently contains a lower proportion of US equities than a typical fund with its remit because Husselbee was worried prices were rising so rapidly that they look expensive.<\/p>\n<div class=\"mol-img-group floatRHS mol-hidden-caption\" style=\"\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img decoding=\"async\" id=\"i-54bbea245bf13f56\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2025\/04\/19\/18\/97467205-14627609-image-m-196_1745085063104.jpg\" height=\"339\" width=\"306\" alt=\"\" class=\"blkBorder img-share\" style=\"max-width:100%\" loading=\"lazy\" \/> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"mol-para-with-font\">He says: &#8216;We have less in the US, which we think is the most expensive market. Tall trees don&#8217;t grow towards the sky for ever.<\/p>\n<p class=\"mol-para-with-font\">&#8216;We&#8217;ve been putting more money to work in the UK, in Europe, in Asia, Japan and emerging markets, where the earnings in some cases have been just as good.&#8217;<\/p>\n<p class=\"mol-para-with-font\">It means he has missed out on some growth as well, with 5.4 per cent growth in his fund over the past three years compared to 8 per cent-plus for the Vanguard alternative. But Husselbee is convinced that being actively managed will allow his fund to pick up on opportunities and value.\u00a0<\/p>\n<p class=\"mol-para-with-font\">The fund is tilting towards smaller businesses because he sees opportunities in this area when\u00a0<a style=\"font-weight: bold;\" target=\"_blank\" rel=\"nofollow noreferrer noopener\" href=\"https:\/\/www.thisismoney.co.uk\/money\/mortgageshome\/article-11885727\/When-rates-start-fall-Base-rate-forecasts.html\" id=\"mol-4335f050-1d46-11f0-8f2d-d32798975b5e\">interest rates<\/a> begin to fall. He is also favouring corporate bonds over government debt \u2013 particularly US Treasuries \u2013 as he feels there&#8217;s a low default risk from high-quality company debt and it offers better value.<\/p>\n<p class=\"mol-para-with-font\">With an annual management charge of 0.4 per cent against Vanguard&#8217;s 0.22 per cent, investors pay for the privilege of active\u00a0multi-asset management \u2013 but some may feel that now is the right time for an expert hand.<\/p>\n<div data-mol-fe-xpmodule-tim-affiliate=\"true\" data-dark-mode=\"false\" data-environment=\"production\" data-platform=\"desktop\" data-reactroot=\"\" wp_automatic_readability=\"5.9361233480176\">\n<div class=\"mol-fe-xpmodule-tim-affiliate\" wp_automatic_readability=\"7.9148311306902\">\n<h2>DIY INVESTING PLATFORMS<\/h2>\n<div class=\"list-wrapper\">\n<div class=\"item-wrapper\">\n<div class=\"view-wrapper\" wp_automatic_readability=\"4.3783783783784\">\n<div class=\"image row\"><img decoding=\"async\" src=\"https:\/\/img.thisismoney.co.uk\/i\/pix\/A%20J%20Bell%202022_122X84.png\" alt=\"Easy investing and ready-made portfolios\" \/><\/div>\n<h3>AJ Bell<\/h3>\n<div class=\"content\" wp_automatic_readability=\"26.385964912281\">\n<div class=\"image column\"><img decoding=\"async\" src=\"https:\/\/img.thisismoney.co.uk\/i\/pix\/A%20J%20Bell%202022_122X84.png\" alt=\"Easy investing and ready-made portfolios\" \/><\/div>\n<h3>AJ Bell<\/h3>\n<p><span>Easy investing and ready-made portfolios<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"item-wrapper\">\n<div class=\"view-wrapper\" wp_automatic_readability=\"4.75\">\n<div class=\"image row\"><img decoding=\"async\" src=\"https:\/\/i.dailymail.co.uk\/i\/pix\/2014\/05_02\/HL-Logo_122x84.jpg\" alt=\"Free fund dealing and investment ideas\" \/><\/div>\n<h3>Hargreaves Lansdown<\/h3>\n<div class=\"content\" wp_automatic_readability=\"27.223880597015\">\n<div class=\"image column\"><img decoding=\"async\" src=\"https:\/\/i.dailymail.co.uk\/i\/pix\/2014\/05_02\/HL-Logo_122x84.jpg\" alt=\"Free fund dealing and investment ideas\" \/><\/div>\n<h3>Hargreaves Lansdown<\/h3>\n<p><span>Free fund dealing and investment ideas<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"item-wrapper\">\n<div class=\"view-wrapper\" wp_automatic_readability=\"4.8\">\n<div class=\"image row\"><img decoding=\"async\" src=\"https:\/\/img.thisismoney.co.uk\/modulepix\/ii_thisismoney_122x84.png\" alt=\"Flat-fee investing from \u00a34.99 per month\" \/><\/div>\n<h3>interactive investor<\/h3>\n<div class=\"content\" wp_automatic_readability=\"27.428571428571\">\n<div class=\"image column\"><img decoding=\"async\" src=\"https:\/\/img.thisismoney.co.uk\/modulepix\/ii_thisismoney_122x84.png\" alt=\"Flat-fee investing from \u00a34.99 per month\" \/><\/div>\n<h3>interactive investor<\/h3>\n<p><span>Flat-fee investing from \u00a34.99 per month<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"item-wrapper\">\n<div class=\"view-wrapper\" wp_automatic_readability=\"3.9310344827586\">\n<div class=\"image row\"><img decoding=\"async\" src=\"https:\/\/media.sailthru.com\/composer\/images\/sailthru-prod-626\/SAXO_be_invested__saxo_blue_logo_rgb.png\" alt=\"Get \u00a3200 back in trading fees\" \/><\/div>\n<h3>Saxo<\/h3>\n<div class=\"content\" wp_automatic_readability=\"24.727272727273\">\n<div class=\"image column\"><img decoding=\"async\" src=\"https:\/\/media.sailthru.com\/composer\/images\/sailthru-prod-626\/SAXO_be_invested__saxo_blue_logo_rgb.png\" alt=\"Get \u00a3200 back in trading fees\" \/><\/div>\n<h3>Saxo<\/h3>\n<p><span>Get \u00a3200 back in trading fees<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"item-wrapper\">\n<div class=\"view-wrapper\" wp_automatic_readability=\"4.3561643835616\">\n<div class=\"image row\"><img decoding=\"async\" src=\"https:\/\/media.sailthru.com\/composer\/images\/sailthru-prod-626\/T212Logo_Icon_130x90.png&#10;\" alt=\"Free dealing and no account fee\" \/><\/div>\n<h3>Trading 212<\/h3>\n<div class=\"content\" wp_automatic_readability=\"25.846153846154\">\n<div class=\"image column\"><img decoding=\"async\" src=\"https:\/\/media.sailthru.com\/composer\/images\/sailthru-prod-626\/T212Logo_Icon_130x90.png&#10;\" alt=\"Free dealing and no account fee\" \/><\/div>\n<h3>Trading 212<\/h3>\n<p><span>Free dealing and no account fee<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"tim-affiliate-text\">Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.<\/p>\n<p><a href=\"https:\/\/www.thisismoney.co.uk\/money\/diyinvesting\/article-1718291\/Pick-best-cheapest-investment-Isa-platform.html?ico=tim-affiliate_desktop_bottom-link-click\" target=\"_blank\" class=\"optional-btn-wrapper\">Compare the best investing account for you<!-- --> <span class=\"right-arrow\"><\/span><\/a><\/div>\n<\/div>\n<\/div>\n<p>            <!-- ad: https:\/\/mads.dailymail.co.uk\/v8\/us\/money\/moneymarkets\/article\/other\/inread_player.html --><\/p>\n<div class=\"column-content cleared\">\n<div class=\"shareArticles\">\n<h3 class=\"social-links-title\">Share or comment on this article:<br \/>\n                        LIONTRUST MA BLENDED INTERMEDIATE: Blend can be your friend in battle to storm-proof a portfolio<\/h3>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"mol-style-italic byline-section justify\">Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.<\/p>\n<p>            <ad-slot position=\"smart_feed\"><\/ad-slot><\/p>\n<p>            <ad-slot position=\"after_article\"><\/ad-slot><\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>By ROSIE MURRAY-WEST Updated: 06:25 EDT, 22 April 2025 Running a portfolio of funds with different risk levels during a tornado of tariff announcements is like trying to shelter from a hurricane under an umbrella. But John Husselbee, who oversees Liontrust&#8217;s suite of multi-asset funds, reckons his storm-proofing is holding up okay. &#8216;I think blend [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":198478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[2922,254,10029,42039,1517,26680,76587,832,42842,9162,76588],"dealstore":[],"offerexpiration":[],"class_list":["post-198477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-battle","tag-blend","tag-blended","tag-dailymail","tag-friend","tag-intermediate","tag-liontrust","tag-money","tag-moneymarkets","tag-portfolio","tag-stormproof"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LIONTRUST MA BLENDED INTERMEDIATE: Blend can be your friend in battle to storm-proof a portfolio - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=198477\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LIONTRUST MA BLENDED INTERMEDIATE: Blend can be your friend in battle to storm-proof a portfolio - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"By ROSIE MURRAY-WEST Updated: 06:25 EDT, 22 April 2025 Running a portfolio of funds with different risk levels during a tornado of tariff announcements is like trying to shelter from a hurricane under an umbrella. But John Husselbee, who oversees Liontrust&#8217;s suite of multi-asset funds, reckons his storm-proofing is holding up okay. &#8216;I think blend [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fivemor.com\/?p=198477\" \/>\n<meta property=\"og:site_name\" content=\"Som2ny Network\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-22T10:42:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/97467205-14627609-image-m-193_1745085036623.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"634\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/fivemor.com\/?p=198477#article\",\"isPartOf\":{\"@id\":\"https:\/\/fivemor.com\/?p=198477\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/fivemor.com\/#\/schema\/person\/b85e3c3dc0e1daea076524dc8810c371\"},\"headline\":\"LIONTRUST MA BLENDED INTERMEDIATE: Blend can be your friend in battle to storm-proof a portfolio\",\"datePublished\":\"2025-04-22T10:42:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/fivemor.com\/?p=198477\"},\"wordCount\":794,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/fivemor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/fivemor.com\/?p=198477#primaryimage\"},\"thumbnailUrl\":\"https:\/\/fivemor.com\/wp-content\/uploads\/2025\/04\/97467205-14627609-image-m-193_1745085036623.jpg\",\"keywords\":[\"Battle\",\"Blend\",\"Blended\",\"dailymail\",\"Friend\",\"Intermediate\",\"LIONTRUST\",\"Money\",\"moneymarkets\",\"Portfolio\",\"stormproof\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/fivemor.com\/?p=198477#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fivemor.com\/?p=198477\",\"url\":\"https:\/\/fivemor.com\/?p=198477\",\"name\":\"LIONTRUST MA BLENDED INTERMEDIATE: Blend can be your friend in battle to storm-proof a portfolio - 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