IFSL Select Fund GBP Z Accumulation


Buy/Sell Price  (as of 06/12/2016) £1.415   Day Change :  0.35%     Fund Code:  IFLZA 

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

Principle Fund Manager Richard Timberlake brings 45 years investment experience to LVAM, the last 12 of which were spent working alongside Paul Kim. With an early background in research and analysis, in 1979 Richard became the founding Managing Director of Fidelity International, hiring Anthony Bolton while CIO. A decade later he left to set up his own businesses including Portfolio Trust Managers Ltd. and Fund Research Ltd. which, following considerable success in the field of investment manager research, was sold to Standard & Poors, where he became a consultant. In 1999 Richard co-founded Investment Manager Selection (IMS) Ltd, which was purchased by BNP Paribas in 2008.

Biography

Paul Kim is LVAMs Head of Multi Manager and has overall responsibility for our range of Multi Manager funds. He is supported by Portfolio Managers Richard Timberlake and Simon Brooks. Paul joined LVAM in 2011 with 27 years investment experience having been Research Director at IMS Ltd. from 1999, a UK based multi-manager acquired by FundQuest in 2008. Previously, Paul held senior roles at Old Mutual, AXA Sun Life, Spencer Thornton and Alexander Stenhouse Fund Managers. He is a member of the Securities Institute.
Investment HouseBNP Paribas
Fund ProviderInvestment Fund Services Limited
ManagerRichard Timberlake   Biography
ManagerPaul Kim   Biography

Fund Objective The investment objective of the fund is to provide a higher average total return on a rolling three year basis than the IA Flexible Investment Sector Average through highly diversified investment predominantly in other authorised or recognised funds. Investors should be aware that there is no guarantee that this objective will be achieved over this (or any) time period and that your capital is in fact at risk. There will be no particular emphasis on any geographical area, industrial or economic sector.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B7WNTF32
12-Month NAV High £1.46
12-Month NAV Low £1.16
Fund Comparative Index -
Morningstar CategoryTMGBP Flexible Allocation
Dividend FrequencyTwice Yearly
Historic Yield -

Annual Charges

Morningstar ratings

 as of  31/10/2016
Overall4 star
3 Years4 star
5 Years4 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  06/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
1.544.951.003.640.53
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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