Polar Capital Income Opportunities B2 I GBP Acc


Buy/Sell Price  (as of 22/09/2016) £1.8699   Day Change :  0.17%     Fund Code:  POFBA 

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

Nick joined Polar Capital in September 2010 following the acquisition of HIM Capital and is manager of the Polar Capital Financials Income Fund. He has 17 years investment experience across a wide range of asset classes including UK equities, closed end funds, fixed-income securities, European financials, private equity and derivatives. Prior to joining HIM Capital, Nick managed the New Star Financial Opportunities Fund, a high-income financials fund investing in the equity and fixed-income securities of European financial companies, which outperformed its benchmark index in all 6 of the years that Nick managed it. From 1997 to 2003 at Exeter Asset Management Nick managed the Exeter Capital Growth Fund, which was in the top decile of the IMA UK All Companies Sector over the period he managed it, as well as assisting on a number of other funds. Nick has a Masters in Finance from London Business School.
Investment HousePolar Capital
Fund ProviderPolar Capital LLP
ManagerNick Brind   Biography

Fund Objective The objective of the Fund is to achieve an attractive level of income together with capital growth, by investing in financial sector companies.

Key Statistics

Fund Status
Fund TypeOEIC
ISINIE00B73PVZ22
12-Month NAV High £1.87
12-Month NAV Low £1.56
Fund Comparative IndexDJ Stoxx Financials GBP
Morningstar CategoryTMGBP Moderate Allocation
Dividend FrequencyYearly
Historic Yield4.62%

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall5 star
3 Years4 star
5 Years5 star
10 YearsN/A

Growth of £1000 Help

 as of  22/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-1.6917.333.564.64-3.10
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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