AbsoluteReturn

Strategy	How it works	What it means
Flexible fixed income	Invests in bonds without fearing interest rate movements	Aims to generate potential returns across different rate environments
Diversified equity exposure	Invests across equity markets, aiming to benefit from both rising and falling prices to help balance risk	Aims to participate in upswings while helping cushion downturns
Macro trading (currency and rate operations)	Captures opportunities in currencies and rates across market conditions	Aims to generate potential returns less dependent on the overall market cycle

Why choose All Weather?

Returns independent of the markets.

Most investments depend on the markets (equity indices like MSCI World, Eurostoxx and/or bond indices like Bloomberg Aggregate); on the other hand, the All Weather portfolio combines strategies designed to generate returns in all market situations.

For example, in 2022, when equity and bond markets recorded significantly negative performance, this strategy delivered positive returns.

TOTAL RETURN 5 years up to July 2026: 40.4%, 6.9% annualised

Chart shows cumulative return, rebased to 1.0 at the start of the period. Global Inflation Linked, Global High Yield and Global Aggregate indices are shown in GBP-hedged share classes (£hdg). Indices are shown for illustrative comparison only; the portfolio does not track or aim to replicate any of them.

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Protection in difficult phases: potential returns with a low correlation to other market investments and other Moneyfarm investment portfolios.
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Active management and institutional selection: our management team selects, monitors and rebalances the underlying funds, aiming to maintain a well-balanced allocation across different market phases.
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Sophisticated strategies built for any scenario: flexible fixed income, long/short equity, macro trading on currencies and rates, accessible through a selection of institutional-class funds.
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Transparent, competitive costs: access to strategies generally reserved for large portfolios, with costs aligned with the classic Moneyfarm portfolio fees. No performance, entry or exit fees.
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It’s suitable for you if:

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You're looking for potential returns independently of market cycles
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You want to reduce the overall volatility of your wealth portfolio
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You have a medium-term horizon (3–6 years)
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You're looking for performance driven by a strategy that moves differently from your traditional equity, balanced or fixed-income exposures
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You appreciate sophisticated management with active institutional funds, selected and monitored by a team of experts

How our pricing works

Management fees are charged on all assets in your portfolios. You'll also incur average fund costs (around 0.16% per year) and market spread effects (up to 0.05% per year).

Actively managed

0.45%

Actively managed

0.20%

Actively managed

0.10%

Actively managed

No fees

Fixed Allocation

0.15%

Smart Yield

0.05%

Calculate my fees

Platform fee

The platform fee applies to all Wealth assets combined. VAT included where applicable.

All managed portfolios

0.25%

Guidance that grows with you.

From digital advice to one-to-one support with a Dedicated Qualified Wealth Manager, our Wealth tiers are designed to give you the right level of guidance as your investment needs grow.

Discover wealth tiers

Where does the All Weather portfolio stand?

The All Weather portfolio is designed to complement the equity, balanced or fixed-income investment you already hold, but you can also choose it as your sole active portfolio.

In terms of risk level, it sits above the Smart Yield portfolios (Cash Yield and Enhanced Yield), below the aggressive equity and balanced portfolios, and on par with balanced portfolios such as P4. Unlike these, however, it offers potential returns uncorrelated to market movements, reducing the overall market dependency of your investment.

Investment Style	Portfolio	Goal and potential time horizon	Risk tolerance
Smart Yield	Cash Yield	Very short-term liquidity (up to 12 months)	Any risk tolerance
	Enhanced Yield	Short-term liquidity (1 to 3 years)	Any risk tolerance
Classic and ESG	P1	Short and medium-term bond portfolio. Income objective.	Low risk tolerance
Classic and ESG	P2 / P3	Short and medium-term cautious portfolios	Low risk tolerance
Absolute Return	All Weather	Medium-term solution with returns uncorrelated to markets (3 to 6 years)	Medium to high risk tolerance
Classic and ESG	P4 / P5	Medium-term balanced portfolios	Medium to high risk tolerance
Classic and ESG	P6 / P7	Long-term dynamic and equity portfolios	High risk tolerance
Thematics	Multi-trend, Technology, Sustainability, Crypto	As a satellite to increase diversification within the equity portion of a portfolio	High risk tolerance

This table is only for illustrative purposes and does not constitute investment advice.

¹Simulated data (backtest) for the period Dec. 2021 – May 2026. The performance shown is the result of a simulation of the Flessibile line and does not represent actual returns achieved by a portfolio. The calculation was carried out by applying the current fund composition to historical data. For simulation purposes, where the current share class did not have a complete historical track record, the share class of the same fund with the longest available track record was used, with returns adjusted to reflect the current Total Expense Ratio (TER). The simulated performance assumes a semi-annual rebalancing to restore the target allocation.

²Source: Morningstar Direct, based on Moneyfarm's data processing. Morningstar Eur Multistrategy category. We calculated the average costs of the competing fund category considering the average of ongoing fees and an approximation of one-off fees (entry/exit fees). The comparison is against an average investment in Moneyfarm's Gestione Patrimoniale (Wealth Management), inclusive of the service's recurring fees (plus VAT) and the underlying instruments.

The portfolio is managed by Moneyfarm through the selection of active institutional funds. Its composition may vary over time depending on market conditions. In some cases, where unavailable, non-institutional fund classes may be selected.

This material is for informational purposes only and does not constitute investment advice, nor an offer or solicitation to buy or sell financial instruments.

Before subscribing to the service, please read the documents available here. Moneyfarm is authorised and regulated in the UK by the Financial Conduct Authority (FCA) (Firm Reference Number: 629539)

Moneyfarm Framework Agreement Information document on the company and general investment risks

No minimum holding period

: you can invest and disinvest at any time, with no penalties.

Transfer your Cash ISA

By making an investment, your capital is at risk. The value of your Moneyfarm investment depends on market fluctuations outside of our control and you may get back less than you invest. Past performance is no indicator of future performance. The tax treatment of a Moneyfarm Stocks and Shares ISA and a Moneyfarm Pension depends on your individual circumstances and may be subject to change in the future. You should seek financial advice if you are unsure about investing.

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Moneyfarm is a trading name of MFM Investment Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA Firm Reference Number: 629539)

Authorised and regulated by the Financial Conduct Authority as an Investment Advisor and Investment Management Company - Authorisation no. 629539

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What is the All Weather portfolio?

It is a portfolio that invests in three different types of strategies (flexible bonds, risk-hedged equities and currency/rate operations) with the aim of generating potential returns even when markets are falling.

Is it suitable for me?

It's designed for those who want to complement their traditional investments with a strategy that behaves differently when markets are struggling. The recommended horizon is 3–6 years and the risk level is medium (3 out of 7). It's not suitable if you're looking for capital guarantees or a fixed return.

How much does it cost?

Moneyfarm fees are the same as the Classic and ESG portfolios (from 0.70% per year for investments up to £50,000, down to 0.25% above £1,500,000). No entry, exit or performance fees.

Does the portfolio guarantee a positive return?

No, as with all investments, the value of the portfolio can go down as well as up. The objective is to achieve a positive return over the recommended horizon, but there are no guarantees. Past performance is not indicative of future results.

What is the suggested time horizon?

The recommended horizon is 3–6 years, but you can disinvest at any time with no additional costs.

What does the portfolio invest in?

It invests in a set of funds selected by professional managers: flexible bond funds, equity funds that can gain both when markets rise and when they fall (reducing overall exposure to equity market risk) and funds that operate on currencies and interest rates.

What is the risk level of this investment style and related portfolio?

The risk level is 3 out of 7 (where 1 is the lowest risk and 7 the highest). This indicator, set by European regulation, reflects how much the portfolio's value can fluctuate over time

Why is the portfolio made up of mutual funds and not ETFs?

The choice to use active funds rather than ETFs relates to the nature of the investment solution itself.

All Weather is the portfolio within Absolute Return Investment Style and it uses so-called absolute return (or "flexible") strategies, such as equity strategies designed to perform in both rising and falling markets, and macro trading, which require highly active, non-directional instruments, unlike most ETFs currently available on the market, which we prefer for our more traditional portfolios.

Building a portfolio that isn't dependent on market movements therefore requires active managers with flexible mandates.

Absolute Return | All Weather portfolio

Built for any market scenario.

Why choose All Weather?

It’s suitable for you if:

How our pricing works

Platform fee

Guidance that grows with you.

Where does the All Weather portfolio stand?