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.
|Investment House||Old Mutual|
|Fund Provider||Old Mutual Investment Management Limited|
|Manager||Paul Craig Biography|
Fund Objective To achieve long term capital growth through investment markets both in the UK and overseas. The portfolio will be conservative in that it will be broadly diversified across asset classes, but with a maximum exposure of 30% to equities and with a maximum volatility of 7%. The Fund will primarily have exposure to fixed interest securities, money-market instruments and deposits with some exposure to securities of UK and overseas companies. The Fund will invest in regulated and unregulated collective investment schemes, investment companies (including investment trusts), hedge funds and exchange traded funds. The Fund may also gain exposure to property and commodities. This exposure will be indirect and achieved mainly through investment companies and collective investment schemes (which may include those schemes managed and operated by the ACD). The Fund may invest directly in derivative instruments and forward transactions for the purposes of EPM. The ACD considers that the use of derivatives for this purpose is not likely to increase the volatility or risk profile of the Fund. Investment will not be confined to any particular geographic or economic sector.
|12-Month NAV High||£1.39|
|12-Month NAV Low||£1.22|
|Fund Comparative Index||-|
|Morningstar CategoryTM||GBP Moderately Cautious Allocation|
One or more funds cannot be shown as they have less than one year of performance data.
Fund versus Morningstar Category
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.