Quick Stats

Bid Price - Offer Price -
Mid Price GBX 163.50 Day Change GBX -0.20 (-0.12%)
Price Date 23 Nov 2017 Crown Rating 2
Shares Class Inc. Yield 0.00 %
Total Expense Ratio 1.68 Fund Size 493,284,933.21
Launch Date 30/11/2009 Standard Initial Charge (%) 3.50
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.25 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 1.68
ISIN GB00B3VZ2641 Min TopUp (£) 250.00

Fund Objective

The Fund aims to provide long-term growth through global exposure to higher risk assets and also some exposure to lower risk assets. The Fund will primarily invest in funds (including funds managed by Fidelity). The Fund may also invest directly into transferable securities, other collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed and typical allocation will be as follows: 75% higher risk assets (including equities, commodities and property securities) and 25% lower risk assets (such as debt instruments e.g. bonds and cash). However, the Fund’s allocation between higher risk and lower risk assets can be tactically adjusted within the following range in order to preserve capital or take advantage of market opportunities: 65-100% higher risk assets and 0-35% lower risk assets.

Fund Managers

Ayesha Akbar
Ayesha Akbar joined Fidelity's MultiManager Business in June 2008 as Portfolio Manager covering Asia Pacific ex-Japan and Global Emerging Market equities. She also brings a wealth of experience in other asset classes as a member of a broad asset team with previous employers. Prior to joining Fidelity Ayesha worked at Barclays Wealth for six years. She spent the first five years helping to establish the £10bn+ multi-manager business with the Private Clients division, working on global and regional fixed income and Asia/Emerging equities. For the last 12 months she has been an Associate Director of the newly formed Wealth division, focusing on manager research and portfolio management for Asian and Emerging equities. Prior to joining Barclays, Ayesha worked for two years as an investment analyst for Abu Dhabi Investment Authority, researching and managing portfolios of external funds focused on UK and European equities. Ayesha Akbar is a CFA Charterholder. She has a BSc (Hons) Economics degree and an MSc (Accounting and Finance) degree both gained from the London School of Economics and Political Science.