Quick Stats

Bid Price - Offer Price -
Mid Price GBX 133.68 Day Change GBX -0.02 (-0.02%)
Price Date 16 Oct 2017 Crown Rating
Shares Class Inc. Yield 2.42 %
Total Expense Ratio 0.00 Fund Size 2,424,339,284.22
Launch Date 31/01/1996 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.15 Sector IMA UK Equity Income
Min Investment (£) 10,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BCRWZR43 Min TopUp (£) 100,000.00

Fund Objective

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.

Fund Managers

Matt Jones
Matt Jones has been responsible for the day-to-day management of FIL Limited's Optimised Equity portfolio since 1st July 2011. Prior to that he had worked in a dedicated role assisting in the management of these portfolios since the start of 2010, and had provided manager back-up even before then as a member of FIL's quant team. Having previously worked in quant research at JPMorgan and Bankers Trust, Matt has over 12 years of quantitative research experience.From 1999 to 2003 Matt worked as Quant Strategist & Portfolio Analyst in Bankers Trust, From 2003 to 2005 he is an Associate Quant Analyst in JPMorgan,From 2005 to 2010 he is a Senior Quant Analyst in FIL Limited and finally he is working as Optimised Equity Portfolio Assistant in FIL Limited from 2010 to 2011.His Education decipline in Master of Applied Finance,Postgraduate Diploma Accounting and Bachelor of Commerce (Economics, Business Law).
Hiten Savani
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.