City Financial Absolute Equity I Acc


Buy/Sell Price  (as of 09/12/2016) £3.0943   Day Change :  -0.17%     Fund Code:  CTUEA 

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 manages the City Financial UK Equity Fund. With more than 13 years of investment experience, David joined City Financial in September 2012 having previously worked at Octopus Investments, Hermes Investment Management and M&G Investments. In March 2008 whilst at Octopus, David launched the fund that is now named the City Financial UK Equity Fund. This fund has returned over 90% since launch which compares to a total return from the FTSE All-Share of 35.7%. Whilst at Hermes he co-managed a
Investment HouseCity Financial
Fund ProviderCity Financial Investment Company Ltd
ManagerDavid Crawford   Biography

Fund Objective This is an actively managed fund that aims to achieve a positive absolute return for investors over rolling 36 month periods primarily through investment in UK and global equities. The fund is managed against a cash benchmark, reflecting the aim to deliver a positive return in all stock market conditions.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B2PX1C62
12-Month NAV High £3.80
12-Month NAV Low £2.81
Fund Comparative Index -
Morningstar CategoryTMAlt - Long/Short Equity - UK
Dividend FrequencyTwice Yearly
Historic Yield0.00%

Annual Charges

Morningstar ratings

OverallN/A
3 YearsN/A
5 YearsN/A
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  09/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
7.867.0631.4836.49-
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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