About the MA Dynamic Passive Funds

The Liontrust Multi-Asset Dynamic Passive range comprises seven funds that are designed to target the outcome expected by investors in terms of their level of risk, as measured by volatility, and maximise the return for each fund within the appropriate risk band.

While the underlying holdings are passive securities and vehicles, we actively manage the Liontrust MA Dynamic Passive range.

This includes through the ability to select different passive investments from across the market and change them when appropriate, as well as alter the tactical asset allocation on a quarterly basis to reflect our changing views on the relative value of asset classes and the economic and investment markets’ environment.

This flexibility results in amended weightings of and changes in the selection of passive investments within the portfolios including asset classes and geographical weightings.

Therefore, the Liontrust MA Dynamic Passive range differs from other passive offerings by being actively managed while providing broad diversification. Each of the Multi-Asset funds within the range provide diversification across a range of different underlying providers, geographical regions and asset classes.

The higher the risk of the fund within the range, the greater the potential for volatility, positive returns on the upside and losses in down markets.

Clients can stay invested in the service through the accumulation and decumulation phases of their lives as their risk profile changes.

Our MA Dynamic Passive Funds

Past performance does not predict future returns. You may get back less than you originally invested. Reference to specific securities is not intended as a recommendation to purchase or sell any investment.

Reasons to invest

Experience: One of the most experienced and highly regarded multi-asset multi-manager investment teams in the UK market, headed by John Husselbee
Diversification: Each portfolio provides diversification across a range of different funds, fund managers, geographical regions and asset classes
Long-term flexibility: Investors can switch between the range of funds as their risk profile and objectives change during the accumulation and decumulation phases of their lives
Rigorous process: The investment process is designed to deliver the outcome expected by investors and aims to generate maximum returns for each target risk fund within the pre-determined volatility ranges
Added value: We seek to add value through each of strategic and quarterly asset allocation, fund selection and portfolio construction
Costs: We aim to keep costs to a minimum and are often able to invest in underlying funds on better terms than those commonly available

Our Investment Process

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Performance of the Liontrust Dynamic Passive fund range

Source: FE Analytics, as at 31.03.25. Since inception data runs 08.03.11 to 31.03.25. Primary share class, total return figures are calculated on a single pricing basis with net income (dividends) reinvested. Performance figures are shown in sterling. Transaction costs are included for the period shown but may differ in the future as these costs cannot be determined with precision in advance.

Past performance does not predict future returns. You may get back less than you originally invested.

Fund insights

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Key literature

Liontrust Levels of Diversification - MA Passive Funds

"A key objective in terms of performance is to strive to 'win over the long term by not losing.' We aim to achieve this by seeking to manage risk and limit losses in falling markets to enhance long-term returns in each risk target."

John Husselbee

The investment team has extensive experience of Multi-Asset, equity and fixed income investing. Collectively, they have managed funds and portfolios for many decades through different economic and market cycles, and each member contributes to every stage of the investment process. The team was enhanced by the integration of the Liontrust Global Fixed Income (GFI) at the start of 2025 and benefits from being able to tap into the knowledge, insights and experience of the other investment teams at Liontrust, who primarily invest in equities. The team is headed by John Husselbee, who joined Liontrust in 2013 and was previously a co-founder and CIO of North Investment Partners, Director of Multi-Manager Investments at Henderson Global Investors, and NM Rothschild & Sons.