Seeking resilient returns in a variety of market environments

In this unpredictable environment, building portfolios that are risk diversified, flexible and able to preserve capital through varying market conditions is more crucial than ever. Liquid alternative funds can play a vital role in a broad portfolio as a diversifier.

The AIMS Target Return Fund is a multi-strategy portfolio that can offer investors resilient returns in a variety of market environments, with a focus on capital preservation through periods of equity market stress. The Fund on average is composed of 20-30 diversified strategies with a medium to long-term investment horizon which can take long and short views across a variety of risk drivers.

Why invest?

AIMS Target Return is an unconstrained strategy, in contrast to traditional funds that are benchmarked. It employs a multi-strategy approach to improve the distribution of pay-offs and reduce the fund’s sensitivity to equity markets, targeting the following investor outcomes:

Absolute return

Targets annual return of five per cent over cash.1

Managing volatility

Maintain fund volatility at less than half that of global equities.1

Enhanced diversification

Lower sensitivity to equities and bonds.

Target for return and volatility is over a rolling three-year period. Outcomes and targets are not guaranteed and may not be achieved.

Explore fund performance and key data

Find the latest prices and performance data in our fund centre via the links below. If you have any questions, please contact our distribution team.

Aviva Investors Multi-Strategy Target Return Fund (SICAV)

The performance target of the AIMS Target Return is five per cent over the European Central Bank base rate per annum over any rolling three-year periods, before fees.

Aviva Investors Multi-Strategy Target Return Fund (OEIC)

The performance target of the AIMS Target Return is five per cent over the Bank of England base rate per annum over any rolling three-year periods, before fees.

Find opportunities across all markets

The AIMS portfolio seeks to deliver returns by identifying investment ideas and opportunities across and within asset classes. Having managed this strategy for over ten years, the team have been evolving and strengthening the process by harnessing high-conviction ideas, making effective use of quantitative tools and a disciplined approach to risk-taking.

Unconstrained approach

Multi-strategy approach utilising discretionary and systematic strategies.

Connected thinking

Firm-wide collaboration seeks to generate best-in-class ideas.

Robust portfolio construction

Focus on capturing alpha whilst preserving capital to generate absolute returns across market cycles.

Seeking to deliver across market cycles

Survival of the fittest: Resilience, persistence and AIMS Target Return

AIMS Target Return seeks to deliver long-term capital growth with low volatility across market cycles. Learn more in this in-depth article exploring our approach.

Read more

Aviva Investors Multi-Strategy Target Return: Strategy-in-brief

PDF 681.8 KB 7 pages

Strategy-in-brief: A guide for Investment professionals.

Investment insights

Investment thinking that brings together the collective insight of Aviva Investors’ teams from across the globe on the key themes influencing markets.

House View

No one can predict the future. But our quarterly House View sets out the collective wisdom of our investment teams on the current state of global markets – and where they might be heading.

Read more

Key risks

For further information on the risks and risk profiles of our funds, please refer to the relevant KIID and Prospectus.

Investment risk and currency risk

The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency and exchange rates. Investors may not get back the original amount invested.

Derivatives risk

Investments can be made in derivatives, which can be complex and highly volatile. Derivatives may not perform as expected, meaning significant losses may be incurred.

Illiquid securities risk

Some investments could be hard to value or to sell at a desired time, or at a price considered to be fair (especially in large quantities). As a result, their prices can be volatile.

Multi-strategy team

The fund is managed by Peter Fitzgerald and Ian Pizer, who are directly accountable for idea generation and performance, drawing on the heritage and expertise within our multi-asset and macro division, our single asset class teams, and the sustainable investing team.

Contact us

Our distribution team is here to help with any questions you may have.

Phone

+44 (0)20 7809 6000*

  • *Calls may be recorded for training and monitoring purposes, and to comply with applicable law and regulations.

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Multi-asset & multi-strategy

With over four decades of managing multi-asset and multi-strategy portfolios, we offer bespoke and off-the-shelf actively managed solutions.

The Investment Manager endeavours to comply with the requirements of the UK Stewardship Code when managing the Funds’ assets. Stewardship is the responsible allocation, management and oversight of capital to create long-term value for investors leading to sustainable benefits for the economy, the environment and society. Environmental (particularly climate) and social factors, in addition to governance, have become material issues for fund managers to consider when making investment decisions and undertaking stewardship. The Investment Manager therefore considers a range of financial and non-financial information when assessing investments and to inform its stewardship activities, including considering the potential or actual material risk that sustainability issues may have on an investment. For more information on how the Investment Manager carries out this activity and meets the requirements of the UK Stewardship Code, as well as details about Aviva Investors’ firmwide policy, please see our website: Policies and documents - Aviva Investors