BGF US Flexible Equity D4 GBP

Buy/Sell Price  (as of 25/09/2018) £29.40   Day Change :  0.07%     Fund Code:  BGUFD 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Jointly and primarily responsible for the day-to-day management of the Funds portfolio, including setting the Funds overall investment strategy and overseeing the management of the Fund


Joseph E. Wolfe, CFA, FRM, is a Vice President at The Northern Trust Company, Chicago. He is a portfolio manager and researcher in the Quantitative Active team responsible for research and implementation of several quantitative equity strategies. Prior to joining Northern Trust in 2005, Joseph was a senior quantitative analyst with the State Teachers Retirement System of Ohio. Joseph received a B.S. degree from Slippery Rock University and holds advanced degrees in economics from Ohio State University and Kent State University. He is a CFA charterholder and a Certified Financial Risk Manager. He is a member of the Boston Security Analysts Society, Chicago Quantitative Alliance and Global Association of Risk Professionals. He holds a Series 3 license.
Investment HouseBlackRock
Fund ProviderBlackRock (Luxembourg) SA
ManagerTodd Burnside   Biography
ManagerJoseph E. Wolfe   Biography

Fund Objective The US Flexible Equity Fund seeks to maximisetotal return. The Fund invests at least 70% of itstotal assets in the equity securities ofcompanies domiciled in, or exercising thepredominant part of their economic activity in,the US. The Fund normally invests in securitiesthat, in the opinion of the Investment Adviser,exhibit either growth or value investmentcharacteristics, placing an emphasis as themarket outlook warrants. Risk managementmeasure used: Relative VaR using Russell 1000Index as the appropriate benchmark.

Key Statistics

Fund Status
12-Month NAV High £29.93
12-Month NAV Low £23.90
Fund Comparative Index -
Morningstar CategoryTMUS Flex-Cap Equity
Dividend FrequencyYearly
Historic Yield0.00%

Annual Charges

Morningstar ratings

 as of  31/08/2018
Overall4 star
3 Years4 star
5 Years4 star
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  25/09/2018

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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