CF Miton Defensive Multi Asset A Accumulation


Buy/Sell Price  (as of 05/12/2016) £3.0428   Day Change :  0.05%     Fund Code:   

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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Biography

David Jane joined M&G in December 2000 as a fund manager on the Global Specialist Equity team. In September 2002 he was appointed Head of M&G Equity Investment. He previously worked at Axa Investment Management as Head of Global Financials Research. Prior to this he was with Newton Investment Management as Director of Global Financials Research. david graduated from Keele University with a BA Honours in Statistics and Economics.

Biography

Before joining Miton, Anthony worked for Darwin Investments, analysing portfolio construction and risk for the Darwin Multi Asset Fund. Prior to this, he worked for M&G, focusing on portfolio construction and risk for UK equity funds and then for the multi asset fund range. Previously, he was a member of the Asset Allocation and Economics team at Merrill Lynch Investment Managers.
Investment House -
Fund ProviderMiton Asset Management Limited
ManagerDavid Jane   Biography
ManagerAnthony Rayner   Biography

Fund Objective "The fund's policy is to invest substantially in other authorised funds, but may also invest in UK and overseas equities, fixed interest securities and money market instruments. Investments will not be confined to any particular economic sectors."

Key Statistics

Fund Status
Fund Type -
ISINGB00B010Y517
12-Month NAV High £3.16
12-Month NAV Low £2.90
Fund Comparative Index -
Morningstar CategoryTMGBP Cautious Allocation
Dividend Frequency -
Historic Yield0.72%

Annual Charges

Morningstar ratings

 as of  31/10/2016
Overall2 star
3 Years2 star
5 Years1 star
10 Years3 star

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

Growth of £1000 Help

 as of  05/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-8.76-2.83-8.342.02-1.80
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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