Montanaro Better World Fund GBP Distribution Class

Category Global Small/Mid-Cap Equity

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

Last buy/sell price

£1.34

arrow-down£-0.002 (-0.15%)

Fund Code

MTBWG

BYWFFF0

IE00BYWFFF02

Prices updated as at 17 Dec 2025

Prices in GBP

Investment objective

The investment objective of the Fund is to deliver long-term capital growth. The Fund shall invest in small and midcap companies primarily quoted in global markets and whose market capitalisation does not exceed that of the largest unadjusted market capitalisation of any of the constituents of Benchmark at the time of initial investment.

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.

Company name

Montanaro Asset Management Limited

Fund launch date

10 Apr 2018

Domicile

Ireland

UCITS

Yes

Lead manager

Adam Montanaro

Lead manager start date

01 Jul 2025

Lead fund manager biography

Adam graduated from Durham University with a 1st Class (Hons) BA in Combined Social Sciences, primarily studying Philosophy and Anthropology. He began his career at PwC where he was a Senior Associate in the Investment Management Tax team. During his time at PwC he qualified as a Chartered Accountant (ACA), winning the Institute of Chartered Accounts of England and Wales (ICAEW)’s Railton prize for the highest score in Business Strategy worldwide and finishing Fourth place in South-East England at the Professional Stage. In 2013 Adam joined Aberdeen Asset Management (now abrdn plc) in their Emerging Markets Equities team where he worked as an Analyst, Portfolio Manager and more recently as an Investment Director. Adam was part of the portfolio construction team for the firm’s flagship Emerging Markets ‘Long Term Quality’ equity products, co-manager of the abrdn Emerging Markets Income Equity Fund and lead manager of a billion-pound EM segregated mandate. Adam also successfully launched and ran a dedicated Israel Fund for the Japanese retail market.

Head office

53 Threadneedle Street

London

United Kingdom

EC2R 8AR

Got a question?

Get in touch

we're here to help:

+44 20 74488600

Mon-Fri 8am to 6pm

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.

Montanaro Better World (IE)