Polar Capital North American Fund

Select share classes

Polar Capital Funds PLC - Polar Capital North American Fund Class I

Category US Flex-Cap Equity
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

£38.51/£38.51

arrow-up£0.00 (+0.00%)

Fund Code

PONAI

B6TRWB8

IE00B6TRWB82

Prices updated as at 11 Dec 2025
|
Prices in GBP
Investment objective
The investment objective of the Fund is to achieve long term capital appreciation. The Fund will seek to achieve its investment objective by investing in a diversified portfolio of securities of North American companies. The Investment Manager will invest in large, medium and small capitalisation companies depending on market liquidity and as it judges the available opportunities.
Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, 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 31/10/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

30.08%

% Weight
Value
Core
Growth
Large

15

30

4

Medium

8

9

6

Small

5

19

4

  • Interest rate risk

    Bond %
    Avg credit quality-
    Avg wtd coupon4.52
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    No Data

Valuation

Polar Capital Funds PLC - Polar Capital North American Fund Class I
US Flex-Cap Equity

16.97

16.97
25.41

1.23

1.23
3.06

2.89

2.89
5.12

13.67

13.67
17.67

Growth rate

Polar Capital Funds PLC - Polar Capital North American Fund Class I
US Flex-Cap Equity

10.25%

10.25%
15.32%

0.91%

0.91%
0.65%

8.78%

8.78%
12.87%

Top 10 holdings

1
Alphabet Inc Class C
Sector
-
Country
United States
% of assets
5.75084
2
Microsoft Corp
Sector
-
Country
United States
% of assets
5.36342
3
Visa Inc Class A
Sector
-
Country
United States
% of assets
5.13964
4
Amazon.com Inc
Sector
-
Country
United States
% of assets
5.08704
5
Interactive Brokers Group Inc Class A
Sector
-
Country
United States
% of assets
3.69299
6
Booking Holdings Inc
Sector
-
Country
United States
% of assets
3.4925
7
Constellation Software Inc
Sector
-
Country
Canada
% of assets
3.48322
8
RenaissanceRe Holdings Ltd
Sector
-
Country
United States
% of assets
3.35291
9
Intercontinental Exchange Inc
Sector
-
Country
United States
% of assets
3.11747
10
Uber Technologies Inc
Sector
-
Country
United States
% of assets
3.08886
Assets in top 10 holdings %

41.57%

Total no. of equity holdings

39.00

Total no. of bond holdings

-

Stock sectors

Polar Capital Funds PLC - Polar Capital North American Fund Class I
US Flex-Cap Equity

40.65%

Basic materials

1.81%
-

Con cyclical

15.73%
-

Financial svs

23.11%
-

Real estate

-
-

48.85%

Comm services

8.47%
-

Energy

4.36%
-

Industrials

8.68%
-

Technology

27.33%
-

10.50%

Con defensive

4.89%
-

Healthcare

5.61%
-

Utilities

-
-


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.
© Copyright 2025 Morningstar. All rights reserved.