Finance Score: -2

Governance Score: -4

Support Score: 0

Accounts filed more than 5 days late: -2 times
No PartB

No conflicts policy: -1
Static board: -3

No supporters identified

Overall GiG Score: -6

BARINGS TARGETED RETURN FUND

Analysis by Giving is Great

Regulatory & Governance issues to consider:

This charity only provides its support via other charities
This charity does not have a Conflict of Interests policy
The Board composition appears to be rather static

Financial issues to consider:

A PartB annual return has not been required and so detailed financial information is not available from the online data
Accounts have been filed late on 2 occasions over the last 3 years and the current period appears to have been extended
Income has been volatile recently and was substantially in excess of spending in the latest year

Established: 5 years

www.barings.com

02072141425

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income	Spending	Surplus/ Deficit
31/08/22	*	£129,000	£13,000	£116,000
31/08/21	*	£6,038,000	£1,889,000	£4,149,000
31/08/20	*	£1,361,000	£6,727,000	£-5,366,000

Show financials table -->

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Highest pay bracket: less than £60,000

Listed activities

General Charitable Purposes

How it operates

Other charitable activities

Where it operates

Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, Netherlands, Northern Ireland, Norway, Poland, Scotland, Spain, Sweden, Switzerland, Throughout England,

Who it helps

Other Charities Or Voluntary Bodies

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (2)

Current Trustees appointed

BARING FUND MANAGERS LIMITED Appointed: 2018

NATWEST TRUSTEE AND DEPOSITARY SERVICES LIMITED Appointed: 2018, Other trusteeships: M&G MULTI-ASSET FUND FOR CHARITIES, M&G CHARIBOND CHARITIES FIXED INTEREST FUND,

Legal constitution

Charity registered in England & Wales on 06/08/2019, number: 1184795

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

There are no Policies registered with the Charities Commission

Filing Record

3 returns made; AR22: 29 days late, AR21: 3 days late, AR20: 368 days late,

Recent reorganisation events:

Asset transfer in from TARGETED RETURN FUND on 29/07/2021

Main office

20 OLD BAILEY
LONDON
EC4M 7AN

Objectives

7.1 SUBJECT TO CLAUSE 7.2, THE TRUST'S CHARITABLE OBJECTIVE WILL BE TO FURTHER THE CHARITABLE PURPOSES OF THE CHARITIES THAT DIRECTLY OR INDIRECTLY HOLD UNITS IN THE TRUST FROM TIME TO TIME.7.2 IF AT ANY TIME THERE ARE NO UNITHOLDERS IN THE TRUST, THE AUTHORISED FUND MANAGER AND DEPOSITARY WILL DETERMINE THE TRUST'S CHARITABLE PURPOSES.7.3 NO CHANGE MAY BE MADE TO THIS DEED WHICH WOULD:7.3.1 CAUSE THE TRUST TO CEASE TO BE A CHARITY; OR7.3.2 AUTHORISE UNITS TO BE ISSUED OR TRANSFERRED TO, OR HELD BY, ANY PERSON OTHER THAN AN ELIGIBLE INVESTOR, WHETHER DIRECTLY OR THROUGH A NOMINEE. 7.4 NO REVOCATION, VARIATION OR AMENDMENT OF THIS DEED WHICH WOULD, OR MIGHT, BE INCONSISTENT WITH THE TRUSTÆS STATUS AS A COMMON INVESTMENT FUND (ESTABLISHED PURSUANT TO SECTIONS 96 TO 99 OF THE CHARITIES ACT) WILL BE VALID WITHOUT THE PRIOR WRITTEN APPROVAL OF THE COURT OR OF THE COMMISSION.

Data Sources