TM Fulcrum Diversified Core Absolute Return Fund

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There is only one type of share class for this fund.

TM Fulcrum Diversified Core Absolute Return Fund C GBP Acc

Category Macro Trading GBP
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

15,187.00p

arrow-up24.00p (+0.16%)

Fund Code

TMACA

BRTNY84

GB00BRTNY847

Prices updated as at 02 Oct 2026
|
Prices in GBX
Investment objective
The Fund seeks to achieve absolute returns equal to the Sterling Overnight Index Average (SONIA) plu 3-5%, net of fees, in all market conditions over rolling five year annualised periods. In doing so the Fund aims to achieve a positive return on a rolling 3 year basis. However, a positive return is not guaranteed and a capital loss may occur. The Fund will be managed with a forward looking volatility cap of 12%. In seeking to achieve its investment goal, the Fund will hold a diversified portfolio consisting of equities, commodity related instruments, fixed income and cash either directly or indirectly through the use of derivatives. Investments may be made through collective investment schemes (including index funds such as exchange traded funds (ETFs) and actively managed funds managed by the Investment Manager).
Important documents: Please ensure that you have read the Key Information Document/Technical Guide or Product Summary document
, 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.

Portfolio as of 31/08/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

31.56%

% Weight
Value
Core
Growth
Large

20

32

26

Medium

3

11

7

Small

1

1

1

Valuation

TM Fulcrum Diversified Core Absolute Return Fund C GBP Acc
Macro Trading GBP

21.44

21.44
17.59

2.24

2.24
1.85

4.07

4.07
3.05

14.76

14.76
10.68

Growth rate

TM Fulcrum Diversified Core Absolute Return Fund C GBP Acc
Macro Trading GBP

14.51%

14.51%
11.54%

1.14%

1.14%
1.59%

11.97%

11.97%
7.98%

Top 10 holdings

1
Willow No 2 Ireland Plc Medium Term Note Zero Cpn
Sector
-
Country
-
% of assets
7.44624
2
Japan Bill Zero Cpn 12/Jan/2027 Jpy 50000
Sector
-
Country
-
% of assets
5.06447
3
Willow No 2 Cayman Ltd Callable Medium Term Note
Sector
-
Country
-
% of assets
4.83409
4
Japan (Government Of)
Sector
-
Country
Japan
% of assets
4.81521
5
Japan (Government Of)
Sector
-
Country
Japan
% of assets
4.62852
6
Japan (Government Of)
Sector
-
Country
Japan
% of assets
4.40182
7
Willow No 2 Cayman Ltd Medium Term Note Zero Cpn
Sector
-
Country
-
% of assets
3.41067
8
Japan (Government Of)
Sector
-
Country
Japan
% of assets
3.18323
9
WisdomTree Brent Crude Oil ETC
Sector
-
Country
Jersey
% of assets
3.13628
10
iShares Physical Gold ETC
Sector
-
Country
Ireland
% of assets
2.99114
Assets in top 10 holdings %

43.91%

Total no. of equity holdings

291.00

Total no. of bond holdings

57.00

Stock sectors

TM Fulcrum Diversified Core Absolute Return Fund C GBP Acc
Macro Trading GBP

27.95%

Basic materials

2.20%
-

Con cyclical

8.51%
-

Financial svs

16.35%
-

Real estate

0.90%
-

53.09%

Comm services

7.84%
-

Energy

3.36%
-

Industrials

10.90%
-

Technology

30.98%
-

18.96%

Con defensive

5.37%
-

Healthcare

10.91%
-

Utilities

2.68%
-


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.

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