VT Chelsea Managed Cautious Growth
Sometimes, you want a place to park your savings where they have the potential to grow over the long term, but you’re not comfortable with the kinds of shorter-term swings you typically get in equity markets.
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The Chelsea investment philosophy & process
What does this fund do?
In the most cautious fund, we aim to produce growth over the long term, but with lower volatility than equity markets†. While returns may not be as high as you could potentially get in the aggressive fund, you'll also be taking much less risk.
How do we do it?
We will invest in a variety of assets to create a diversified portfolio. We carefully select assets that are less correlated, which means investments that don’t usually rise or fall in tandem – or at least not to the same extent. This reduces the risk that everything in the fund drops dramatically at the same time and helps to smooth your returns.
What do we invest in?
We focus on lower-risk funds that are defensive in nature. These funds' underlying assets may include UK and overseas equities, as well as bonds, property, gold and other investments. We are also likely to have a high weighting to targeted absolute return strategies that aim to produce positive returns in any market conditions.
We believe in transparency, so you can see a full list of what the VT Chelsea Managed Cautious Growth fund invests in below.
| Fund name | % of fund | Asset class |
| Man Absolute Value CX Professional GBP Acc | 5.10 | Absolute Return |
| Jupiter UK Special Situations I Inc | 4.36 | Equities |
| WS Guinness Global Equity Income Y Acc | 3.96 | Equities |
| Assura PLC | 3.64 | Property |
| Polar Capital Technology Trust PLC | 3.53 | Equities |
| IFSL Evenlode Global Equity GBP F Acc | 3.50 | Equities |
| Nomura Funds Ireland-Global Dynamic Bond RD GBPH | 3.38 | Fixed Income |
| Greencoat UK Wind PLC | 3.32 | Alternatives |
| SDCL Energy Efficiency Income Trust PLC | 3.19 | Alternatives |
| Liontrust European Dynamic Fund I Inc | 3.18 | Equities |
| Invesco Physical Markets PLC | 3.15 | Gold |
| Future of Defence UCITS ETF USD Acc | 3.09 | Fixed Income |
| GCP Infrastructure Investments Ltd | 2.89 | Fixed Income |
| Man GLG Sterling Corporate Bd Prof Inc D | 2.74 | Fixed Income |
| Chrysalis Investments Ltd | 2.57 | Equities |
| WS Raynar UK Smaller Companies F Acc | 2.50 | Equities |
| Artemis Target Return Bond I Inc GBP | 2.41 | Fixed Income |
| Invesco UK Gilts UCITS ETF Dist | 2.37 | Fixed Income |
| TM Tellworth UK Select A Acc | 2.19 | Equities |
| Bluefield Solar Income Fund Ltd | 2.19 | Alternatives |
| Liontrust Special Situations Fund (I) | 2.08 | Equities |
| Fidelity Index US P Acc | 2.06 | Equities |
| Artemis Corporate Bond I Inc GBP | 2.05 | Fixed Income |
| T. Rowe Price Funds OEIC - Global Select Equity Fund - C Acc 9 | 1.82 | Equities |
| Invesco US Treas Bd 7-10 Year UCITS ETF Dist | 1.80 | Fixed Income |
| iShares $ Treasury Bd 1-3yr UCITS ETF GBP Hgd Dist | 1.77 | Fixed Income |
| Doric Nimrod Air Three Ltd | 1.75 | Alternatives |
| Jupiter Asian Income Z Inc | 1.71 | Equities |
| Sequoia Economic Infrastructure Income Fund Ltd | 1.63 | Fixed Income |
| Life Science REIT plc | 1.58 | Property |
| Blackrock World Mining Trust PLC | 1.54 | Equities |
| iShares MSCI World Energy Sector UCITS ETF USD D | 1.53 | Equities |
| Primary Health Properties PLC | 1.48 | Property |
| Invesco US Treas Bd 7-10 Year UCITS ETF GBP H Dist | 1.35 | Fixed Income |
| Renewables Infrastructure Group Ltd | 1.30 | Alternatives |
| International Public Partnerships Ltd | 1.23 | Fixed Income |
| SEI Liquid Alternt Hdg GBP Wealth A Dis | 0.94 | Alternatives |
| Tritax Big Box REIT PLC | 0.77 | Property |
| Cash | 8.32 | Cash |
Information correct as at 31/05/2025. Please note percentages may not add up to 100% exactly due to rounding errors
Portfolio performance since launch*
What are the risks?
While we anticipate this fund will have a lower volatility than equity markets, it's important to understand investments can go down as well as up in value. You may not get back the amount originally invested.
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Important information
†Long term is 5+ years. The aim is to have lower volatility than global equities over a rolling 5-year period.
**FE Analytics 05/06/2017-31/05/2025 VT Chelsea Managed Cautious Growth vs IA Mixed Investment Investment 20-60% Shares total return in sterling
The VT Chelsea Managed Funds are for investors who prefer to make their own investment decisions, without personal advice.
Valu-Trac Investment Management Limited is the authorised corporate director (ACD) and investment manager of the VT Chelsea Managed Funds. Valu-Trac is authorised and regulated by the Financial Conduct Authority (FCA). Valu-Trac’s FCA registration is 145168. Chelsea Portfolio Management Services Limited will be the investment adviser for the VT Chelsea Managed Funds.