|Bid Price||-||Offer Price||-|
|Mid Price||GBX 310.80||Day Change||GBX +1.20 (0.39%)|
|Price Date||18 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||0.00 %|
|Total Expense Ratio||0.88||Fund Size||547,083,936.18|
|Launch Date||09/11/1987||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.80||Sector||IMA UK Equity Income|
|Min Investment (£)||10,000,000.00||Total Expense Ratio (%)||0.88|
|ISIN||GB00B63B5X92||Min TopUp (£)||100,000.00|
The Fund’s investment objective is to achieve long term capital growth from a portfolio primarily invested in the shares of UK companies. The portfolio is likely to be concentrated although the authorised corporate director is not restricted in terms of number of holdings and is not restricted in its choice of company by either size or industry. A concentrated portfolio may comprise a smaller number of holdings having a large weighting in the overall portfolio and any price movement of any individual holdings may impact the Fund to a greater extent than if the Fund’s investments were comprised of a larger number of holdings. The Fund may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits. The Fund can use derivatives for the purpose of efficient portfolio management with the aim of risk or cost reduction or to generate additional capital or income in line with the Fund's risk profile.
Aruna Karunathilake is a Portfolio manager at Fidelity Worldwide Investment (FIL). From FIL's London headquarters Mr Karunathilake manages the Fidelity UK Aggressive Fund. He has run this fund since December 2007. Mr Karunathilake has also been managing the Fidelity UK Multi Manager Institutional portfolios since December 2006. Prior to becoming a portfolio manager, Mr Karunathilake spent 6 years as a research analyst with Fidelity Worldwide Investment. He also worked as an Analyst at Dresdner Kleinwor between 1998 and 2000. Born in Kandy, Sri Lanka in 1976, Mr Karunathilake received a MChem Chemistry from Pembroke College, Oxford University in 1998.