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M&g Multi-Asset Fund for Charities

Registered · see notesRegistered charity number 1184314LondonOther charitable purposes
Income£10.7m2025-11-03
Spending£10.8msame year
Spent / received102%5-year average
Size in its cause99th pctOther charitable purposes
Registered2019Trust
Employees0latest return

Analysis

M&g Multi-Asset Fund for Charities is a registered charity in England and Wales, based in London. It was registered in July 2019, 7 years ago. Its declared purposes cover other charitable purposes, which this site groups under other charitable purposes. Legally it is a charitable trust. It says it provides other finance.

In the financial year ending November 2025, M&g Multi-Asset Fund for Charities reported income of £10.7m and spending of £10.8m, spending 101% of its income. Across the 5 years on record, from November 2021 to November 2025, income grew from £7.2m to £10.7m (+50%), an average of +11% a year. Over the whole period it spent 102% of the income it received.

Among 1,463 England and Wales charities whose main cause is other charitable purposes and that reported income, M&g Multi-Asset Fund for Charities sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in England and Wales with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Royal College of Occupational Therapists (£9.5m), National Fire Chiefs Council Limited (£12.7m) and Good Things Foundation (£8.1m).

In its latest detailed accounts, income came from investments 100%. Charitable activities took 89% of spending and raising funds 11%. Reserves of £574k would cover about 1 months of spending at that rate.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.

Income and spending

£0£2.7m£5.4m£8.1m£10.8m2021 Income: £7,182,0002021 Spending: £7,186,00020212022 Income: £8,144,0002022 Spending: £8,506,00020222023 Income: £8,701,0002023 Spending: £8,830,00020232024 Income: £9,412,0002024 Spending: £9,642,00020242025 Income: £10,744,0002025 Spending: £10,824,0002025
IncomeSpending

Where the income comes from

  • Investments 100%

In the charity's own words

The fund has two aims; To provide a higher total return (the combination of capital growth and income), net of the ongoing charge figure, than that of a composite index over any five-year period and to provide an annual yield of at least 3%. The fund invests in collective investment schemes, typically funds managed by M&G, to gain exposure to a diversified range of asset classes including

Similar-sized charities, same cause

CharityLocationIncome
Royal College of Occupational TherapistsLondon£9.5m
National Fire Chiefs Council LimitedLondon£12.7m
Good Things FoundationSouth Yorkshire£8.1m
The British Psychological SocietyLeicester£13.1m