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Fidelity Multi Asset Allocator Defensive Class W - Accumulation (GBP)

Sell:140.40p Buy:140.40p Change: 0.30p (0.21%)
Prices as at 4 August 2020
Sell:140.40p
Buy:140.40p
Change: 0.30p (0.21%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 4 August 2020
Sell:140.40p
Buy:140.40p
Change: 0.30p (0.21%)
Prices as at 4 August 2020
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.25%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.25%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Chris Forgan
Fund launch date: 10 October 2011
Sector: Mixed Investment 0-35% Shares
Fund size: £85 million
Number of holdings: 19
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: J.P. Morgan Trustee and Depositary Company Limited
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

04/08/15 to 04/08/16 04/08/16 to 04/08/17 04/08/17 to 04/08/18 04/08/18 to 04/08/19 04/08/19 to 04/08/20
Annual return 6.82% 1.31% 0.08% 8.47% 4.46%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The Investment Manager will actively select investments for the fund. As part of the investment process, the Investment Manager aims to maintain a fixed allocation of 80% in lower-risk assets (such as debt instruments including global government bonds, global corporate bonds and cash) and 20% higher-risk assets (including global equities, global emerging market equities, global smaller companies and global property securities). This allocation, as well as the breakdown of higher-risk and lower-risk assets, may change according to prevailing market conditions and the efficient management of the portfolio, and will be periodically rebalanced back to its target 80/20 allocation. As part of the Fund's asset allocation process, the Investment Manager will aim to maintain an underlying static asset allocation that is designed in-house and based on proprietary capital market assumptions using quantitative research. For the 80% lower-risk assets, the Fund will aim to maintain an allocation of at least 40% in government bonds and over 25% in corporate bonds. For the 20% higher-risk assets, the Fund will aim to maintain an allocation of at least 10% in global equities with the remainder spread across assets including global real estate investment trusts, global small cap and emerging market equities. The Investment Manager rebalances the strategy regularly back to these static asset allocations and has discretion over when to do so. However, the Portfolio Manager does not take relative positions 'overweight' or 'underweight' versus this static mix. The Fund does not aim to outperform this static asset allocation. The Fund is managed without reference to a benchmark.

Income Details

Income paid: Annually
Type of payment: Interest
Ex-dividend date: 1 November 2020
Payment date: 31 December 20204

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
HSBC GLOBAL FUNDS ICAV - GLOBAL GOVERNMENT BOND INDEX FUNDS4CH GBP 27.75%
iShares Global Govt Bond UCITS ETF GBP Hedged (Dist) 18.99%
BlackRock iShares Overseas Corporate Bond Index Class L 18.32%
Fidelity Index World Class F 14.86%
iShares Global Corp Bond UCITS ETF GBP Hedged (Dist) 12.86%
FIDELITY INDEX EMERG MKT F-ACC 2.03%
LEGAL &GENERAL ICAV L G GLOBAL SMALL CAP EQUITY INDEX FUNDC GBP ACC 1.59%
BlackRock iShares Global Property Securities Equity Index Class L 1.53%
iShares Core £ Corporate Bond UCITS ETF 0.92%
iShares iShares MSCI World Small Cap UCITS ETF 0.54%
Sector Weight
Bonds 50.70%
Managed Funds 31.59%
Real Estate Investment Trusts 1.88%
Software & Computer Services 1.68%
Pharmaceuticals & Biotechnology 1.30%
Technology Hardware & Equipment 1.16%
Retailers 0.86%
Banks 0.74%
Industrial Support Services 0.66%
Cash and Equiv. 0.60%
Country Weight
United States 36.54%
Managed Funds 31.59%
Japan 6.26%
France 4.34%
United Kingdom 4.20%
Germany 2.56%
Canada 2.22%
Netherlands 2.05%
Italy 2.03%
Direct Property and REITs 1.28%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 4 August 2020. Data provided by Funds Library, correct as at 31 May 2020.

FundsLibrary
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.