MI Momentum Factor 3 A Accumulation shares


Buy/Sell Price  (as of 06/12/2016) £1.2167   Day Change :  0.17%     Fund Code:  MOMDA 

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

Michael has overall responsibility for the investment function at Momentum Global Investment Management across the equity, fixed interest and fund of hedge funds teams. Joining Momentum Global lnvestment Management in July 2003 he was previously a research analyst covering government, corporate credit and emerging debt markets. Michael spent five years as a research analyst and portfolio manager at Ansbacher and the Momentum Group. Mike has a BSc in Actuarial Science from the University of Cape Town.
Investment HouseMomentum
Fund ProviderMomentum Global Investment Mgmt Ltd
ManagerMichael Allen   Biography

Fund Objective The Fund aims to grow your investment over the medium to long term by gaining exposure to a mix of assets around the world. Investment Policy - The Sub-fund may gain exposure to a broad range of asset classes, including global equities, UK equities, corporate and government bonds, money market instruments, cash and near cash, by investing predominantly in a globally diverse mix of collective investment schemes.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B40M9847
12-Month NAV High £1.25
12-Month NAV Low £1.07
Fund Comparative Index -
Morningstar CategoryTMGBP Moderate Allocation
Dividend FrequencyTwice Yearly
Historic Yield0.70%

Annual Charges

Morningstar ratings

 as of  31/10/2016
Overall3 star
3 Years3 star
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  06/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
0.82-5.04-1.36-2.042.30
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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