Hermes Global Small Cap Equity Fund Class F GBP Inc


Buy/Sell Price  (as of 21/09/2018) £1.7024   Day Change :  0.71%     Fund Code:  HGSFI 

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.

Fidelity Personal Investing's View

Provider Logo

Biography

Hamish is the Head of the Small & Mid Cap boutique and has led it since its creation in 2007. He has been at Hermes since 1995 when he joined as co-manager of the UK smaller companies strategies; he served as lead manager from January 1997 to April 2010. Since the founding of the team, Hamish has gradually assumed a more global perspective, with oversight of the holdings across all of the team's strategies, and he is now lead manager of the Global Small Cap strategy. He has a background in credit, having started his career in the energy and natural resources division of NatWest Bank, and later moving to Bankers Trust as a credit analyst covering European corporates. He has BEng (Hons) in Civil Engineering from Nottingham University and is a former director of the Hermes Group (DB) Pension Scheme. Hamish also sits on the Hermes Governance Group, which monitors the Hermes (DC) pension scheme.
Investment HouseHermes Investment Mgt
Fund ProviderHermes Investment Management Ltd
ManagerHamish Galpin   Biography

Fund Objective The investment objective of the Fund is to provide long-term capital appreciation. The Fund will seek to achieve its investment objective by primarily investing in equity and / or equity related securities of, or relating to, small market capitalisation companies domiciled in developed markets or which derive a large proportion of their income from developed markets. These equity and / or equity related securities may include small cap equities, common and / or preferred stock and / or Depository Receipts. The Fund may (but is under no obligation to) select its Investments from the MSCI World Small Cap Index which measures the performance of small capitalisation companies across the developed markets). As of [January] 2015, the MSCI World Small Cap Index consisted of the following 23 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the UK and the US. In pursuance of its investment objective, the Fund may also acquire units/shares of listed closed-ended REITs and / or collective investment schemes which can deliver exposure to small market capitalisation companies. The collective investment schemes in which the Fund invests will meet the requirements of the Central Bank and may include exchange-traded funds and other funds of the Company. The Fund may also gain exposure to the aforementioned equity and / or equity related securities and / or collective investment schemes through the use of FDIs and / or through investment in Convertible Debt Securities. The FDIs which may be used by the Fund for such purposes include Warrants, Futures, Options (including Options on Futures) and Swaps. A decision to use FDIs may be made for reasons such as efficiency (i.e. it may be cheaper to gain exposure to an underlying Investment than to purchase the Investment directly).

Key Statistics

Fund Status
Fund TypeOEIC
ISINIE00BVVB5X60
12-Month NAV High £1.74
12-Month NAV Low £1.41
Fund Comparative Index -
Morningstar CategoryTMGlobal Small-Cap Equity
Dividend FrequencyTwice Yearly
Historic Yield0.39%

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  21/09/2018

Past Performance (%) Help

as of 

This Fund

     
-----

Fund versus Morningstar Category

     
----0.215.66
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.

Nothing to display.