|Bid Price||-||Offer Price||-|
|Mid Price||GBX 107.12||Day Change||GBX +0.09 (0.08%)|
|Price Date||18 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.32 %|
|Total Expense Ratio||0.30||Fund Size||2,424,339,284.22|
|Launch Date||31/01/1996||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.30||Sector||IMA UK Equity Income|
|Min Investment (£)||500.00||Total Expense Ratio (%)||0.30|
|ISIN||GB0003875324||Min TopUp (£)||250.00|
Aims to achieve long term capital growth by closely matching the performance of the FTSE All-Share Index. Aims to hold the larger company shares that represent the benchmark index and hold a selection of smaller capitalised company shares to align the fund as closely as possible to the benchmark index. May use stock index futures to achieve the investment objective. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment. Prior to 1 March 2014 this fund was known as the Fidelity MoneyBuilder UK Index Fund.
Matt Jones has over 18 years’ investment experience specialising in quantitative analysis and portfolio management. Matt has been involved in the FIRST franchise for the duration of its existence, initially in the role of Quantitative Portfolio Assistant, and has been responsible for the day-to-day management of the FIRST strategies since 2011. Matt was instrumental in the development of the FIRST global strategies, which were launched in 2013. Matt joined Fidelity in 2005 and worked as a Quantitative Analyst / Senior Quantitative Analyst and also in the role of a Senior Research Analyst, providing additional perspective on working with fundamentals-based research analysts. Previously, Matt worked at JPMorgan as a quantitative analyst in the quantitative team which was rated Number 1 in Asia, where his work included the analysis and back testing of fundamental bottom-up research analysts’ stock recommendations. Prior to that, he spent 5 years working at Bankers Trust, a global bottom-up fundamental research-driven asset manager, in the fundamental international equity team. Matt has a Masters degree in Applied Finance, a Bachelor of Commerce in Economics and Business Law and a Postgraduate Diploma in Accounting.
Hiten Savani has over 13 years of investment experience. He has been closely associated with Fidelity’s range of systematic equity strategies since 2010 when he joined the company as Investment Director. Hiten has been involved with product design and worked closely with our global client base. Formerly a Strategist at Goldman Sachs, Hiten developed strong quantitative skills, a good working knowledge of fundamental research and a keen sense of how to appraise conviction among equity research analysts. Hiten also previously worked in Africa with the United Nations, the World Bank, as well as other organizations on matters of Financial Sector Development. He has a Masters in Financial Economics and a Masters of Physics degree.