Personal Assets Trust (PNL)

Category GBP Flexible Allocation

This investment trust can be held in an Investment ISA, SIPP and Investment Account

Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show Ongoing charges as 0% or a dash please review the investment literature for details on the charges that will apply. The Financial Conduct Authority will review this in 2025.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.

Sell

541.00p

Buy

543.00p

arrow-down-3.017p (-0.55%)

Discount/Premium

+0.64%

Estimated NAV

541.524p

Prices updated at 16 Dec 2025, 14:06 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The Company invests in equities and fixed income securities and it may also hold cash and cash equivalents (which may, depending on circumstances, include gold). The Company may use derivatives as a way of increasing or reducing its investment exposure and to enhance and protect investment positions. The Company may also from time to time make use of currency hedging. The company aims to protect and increase (in that order) the value per share for the funds of shareholders over the long term.

FTSE All-Share

-0.57%

LSE

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , SDR Consumer facing disclosure, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Director dealings

Date chevron-l-regular chevron-r-regular	Action
20 Oct 2025	Purchase
07 Oct 2025	Purchase
07 Oct 2025	Purchase
07 Oct 2025	Purchase
07 Oct 2025	Purchase
07 Oct 2025	Purchase
04 Aug 2025	Purchase
04 Aug 2025	Purchase
04 Aug 2025	Purchase
04 Aug 2025	Purchase
04 Aug 2025	Purchase
21 Jul 2025	Purchase
29 Apr 2025	Purchase
29 Apr 2025	Purchase
16 Apr 2025	Purchase
16 Apr 2025	Purchase
15 Apr 2025	Purchase
15 Apr 2025	Purchase
04 Apr 2025	Purchase
29 Jan 2025	Purchase

Director holdings

Name chevron-l-regular chevron-r-regular	Title	Amount (No. of shares)
Mr. Paul Read	Non-Executive Director, Senior Independent Director	540,000
Mr. Iain George Thomas Ferguson CBE	Non-Executive Director, Chairman	498,146
Mrs. Sharon Mary Brown	Non-Executive Director	12,916
Mr. Gordon Joseph Neilly	Non-Executive Director	197,964
Ms. Mandy Clements	Non-Executive Director	12,413
Mr. Robbie Robertson	Non-Executive Director	30,000
Ms. Jennifer Thomas	Non-Executive Director	400

Please note that past performance is not a reliable indicator of future returns.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.