Funds Insider - Opening the door to funds

Welcome to the Citywire Funds Insider Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error
Orbis Global Balanced Fund
+ Reply to discussion
Options
Dunno
Posted: 08 February 2025 11:05:01(UTC)
#1

Joined: 09/04/2024(UTC)
Posts: 60

Thanks: 61 times
Was thanked: 88 time(s) in 45 post(s)
Exploring some multi asset options at the moment as part of a small rebalancing of my pf. This fund has caught my eye as one which leans away from the US and has more of a value bent. Very consistent performance and compares more than well vs HSBC for example. Apart from the fixed performance fee, which is probably not a dealbreaker, is there anything not to like? Anyone hold it or considered it in the past?
Back to top Quote
3 users thanked Dunno for this post.
Aminatidi on 08/02/2025(UTC), Guest on 08/02/2025(UTC), Shetland on 08/02/2025(UTC)
JayW
Posted: 08 February 2025 11:34:40(UTC)
#2

Joined: 25/08/2019(UTC)
Posts: 358

Thanks: 59 times
Was thanked: 838 time(s) in 264 post(s)
The Orbis funds were all the rage on this forum a few years ago because they offered a sign-up bonus to invest via their own platform. After a short period of underperformance everyone seemed to ditch them as obvious dogs. I see now the funds have done ok recently, so no doubt people will change their minds again.
Back to top Quote
1 user thanked JayW for this post.
smg8 on 08/02/2025(UTC)
smg8
Posted: 08 February 2025 11:39:23(UTC)
#3

Joined: 26/04/2020(UTC)
Posts: 3,365

Thanks: 5702 times
Was thanked: 13288 time(s) in 2750 post(s)
Dunno;333633 wrote:
Exploring some multi asset options at the moment as part of a small rebalancing of my pf. This fund has caught my eye as one which leans away from the US and has more of a value bent. Very consistent performance and compares more than well vs HSBC for example. Apart from the fixed performance fee, which is probably not a dealbreaker, is there anything not to like? Anyone hold it or considered it in the past?



I'd see the performance as the opposite of consistent - it looks like they had a few horrible years and then a few good ones;



They obviously did really well in 2022 but I imagine there would have been much less rush to own it in the earlier years.

It also doesn't look to be particularly low risk - volatility around the same as investing in 100% equities last 3 years.
Back to top Quote
 |  Edit by user
1 user thanked smg8 for this post.
wydffart on 08/02/2025(UTC)
Busy doing nothing
Posted: 08 February 2025 12:01:40(UTC)
#4

Joined: 01/03/2021(UTC)
Posts: 372

Thanks: 1064 times
Was thanked: 596 time(s) in 230 post(s)
Funnily enough it was tipped today in the Telegraph under the heading "The best 25 funds for your isa".

World Funds,
Orbis Global Balanced
"This multi-asset fund stands out for it's unique fee structure.
Investors only pay if the fund outperforms it's benchmark - if it underperforms, they get refunded. This should mean the management team is highly incentivised to deliver superior returns. Alec Cutler, the funds manager, takes a contrarian approach and prides himself on finding overlooked opportunities.

Charge; 0.5pc to 2.5pc performance fee
Cheapest share class; Standard
Five - year return; 74pc
Back to top Quote
 |  Edit by user
1 user thanked Busy doing nothing for this post.
Dunno on 08/02/2025(UTC)
Newbie
Posted: 08 February 2025 12:32:47(UTC)
#6

Joined: 31/01/2012(UTC)
Posts: 3,816

Thanks: 6009 times
Was thanked: 7025 time(s) in 2602 post(s)
It sits right in the middle for me alongside the Vanguard Sustainable 70% and RL Sustainable World.
A while ago someone on this forum posted about it (I forget who) and since then it is being used to replace the RL fund.

A good performer along with a good fee structure.
Back to top Quote
1 user thanked Newbie for this post.
Dunno on 08/02/2025(UTC)
Dunno
Posted: 08 February 2025 12:51:52(UTC)
#5

Joined: 09/04/2024(UTC)
Posts: 60

Thanks: 61 times
Was thanked: 88 time(s) in 45 post(s)
Busy doing nothing;333641 wrote:
Funnily enough it was tipped today in the Telegraph under the heading "The best 25 funds for your isa".

World Funds,
Orbis Global Balanced
"This multi-asset fund stands out for it's unique fee structure.
Investors only pay if the fund outperforms it's benchmark - if it underperforms, they get refunded. This should mean the management team is highly incentivised to deliver superior returns. Alec Cutler, the funds manager, takes a contrarian approach and prides himself on finding overlooked opportunities.

Charge; 0.5pc to 2.5pc performance fee
Cheapest share class; Standard
Five - year return; 74pc


Honestly, I hadnt seen that. I’m a Times man. Had just started looking this week at various options.
Back to top Quote
Johan De Silva
Posted: 08 February 2025 13:17:15(UTC)
#7

Joined: 22/07/2019(UTC)
Posts: 4,412
The recent performance has been very impressive despite the drag from fixed income. It seems like a sensible 2-year investment and could potentially achieve another 15-20% over the next two years if the momentum continues.

However, I have concerns about its flexibility, given it is a low-cost fund often means low-effort. This performance may have benefited from the current portfolio being in vogue, which could imply some luck.

On the positive side, I appreciate that it deviates from the index, providing diversification.
Back to top Quote
 |  Edit by user
Shetland
Posted: 08 February 2025 15:51:41(UTC)
#8

Joined: 13/03/2015(UTC)
Posts: 1,242
I can’t find Orbis Global balanced on HL although it is on ii
Back to top Quote
Mr Spock
Posted: 08 February 2025 15:57:10(UTC)
#9

Joined: 19/07/2019(UTC)
Posts: 327
Shetland;333651 wrote:
I can’t find Orbis Global balanced on HL although it is on ii


N/a on HL. I hold it on AJ Bell.
Back to top Quote
+ Reply to discussion

Markets

Other markets