Orbis ISIN GB00BRX95962

Orbis Global Balanced Fund

Orbis Global Balanced Fund is an active multi-asset fund from Orbis, ISIN GB00BRX95962, with an ongoing charge of 1.20%.

  • Active
  • Multi-Asset
  • Global
  • Ongoing charge 1.20%
  • Fund size (GBP) £2.4B

The Fund seeks to balance investment returns, capital growth, and risk of loss using a diversified global portfolio. To meet this objective, the Fund is targeting outperformance of the returns of its Benchmark, 60% MSCI World Index and 40% JP Morgan Global Government Bond Index hedged into Sterling. This Benchmark combines indices which measure the performance of some of the largest companies listed on world stock exchanges and bonds issued by governments around the world.

How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+19.5% Q1
1 year return
+88.5% Q1
3 year return
+124.3% Q1
5 year return
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
  • 1 month −1.1%
  • 3 months +1.5%
  • Volatility, 3 years 8.8%
  • Ongoing charge (OCF) 1.20%
  • Fund size (GBP) £2.4B

What the fund holds

Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 6 Oct 2026. Swipe or use the arrows for more panels.

By sector

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Industrials16.4%
Government Fixed Income13.9%
Information Technology13.7%
Energy12.3%
Health Care9.3%
Materials6.3%

By country

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
United States35.8%
Emerging Markets28.4%
UK14.2%
Europe ex-UK7.0%
Japan3.7%
Commodity-Linked2.6%

By asset class

Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Net Equity59.4%
Net Fixed Income20.3%
Stockmarket Hedging17.4%
Commodity-Linked2.6%
Net Current Assets0.3%

Largest holdings

The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 6 Oct 2026.
Top 8 = 25.3%
  1. 1. SAMSUNG ELECTRONICS CO., LTD4.7%
  2. 2. TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED4.5%
  3. 3. KINDER MORGAN INC DELAWARE3.1%
  4. 4. NEWMONT CORPORATION2.9%
  5. 5. US TIPS > 10 YEARS2.9%
  6. 6. BARRICK MINING2.6%
  7. 7. ISHARES PHYSICAL GOLD ETC2.6%
  8. 8. PRYSMIAN GROUP2.0%

Macro events and this fund

Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.

Performance, risk and facts

Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.

Against its benchmark

How the fund compares with its benchmark over the same period.

Risk

How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years8.8%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)2.05
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−7.7%
Alpha, 3 years (FE)
13.41
Beta, 3 years (FE)
0.84

Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.

Sharpe, alpha, beta: FE fundinfo, as at 6 Jul 2026.

Fund facts

Legal and cost facts for a client note. As reported by the manager.
ISIN
GB00BRX95962
Fund manager
Cutler, Dunley-Owen
Management company
Orbis Investments (U.K.) Limited
Depositary
Citibank
Benchmark
60% MSCI World Index (Total Return, Sterling, net of withholding tax) | 40% JP Morgan Global Government Bond Index (Total return, hedged into Sterling)
Ongoing charge
1.20%
Share class launch date
31 Oct 2023
Domicile
GB
Fund type
open-ended fund

What a sum would have become

What an amount would have grown to over the period.
n/a

Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.

Managed by Orbis

View every Orbis fund on Funds Benchmark →

Other FE GL Multi-Asset Global Aggressive funds

Sector: FE GL Multi-Asset Global Aggressive

View the FE GL Multi-Asset Global Aggressive sector overview — top funds, average performance, exposure →

Top country exposure