Polar Capital North American I GBP


Buy/Sell Price  (as of 05/12/2016) £15.11   Day Change :  0.40%     Fund Code:  PONAI 

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.

Our View

Provider Logo

Biography

Andrew joined Polar Capital in August 2011 to establish the North American equities team. Prior to joining Polar Capital, he spent 7 years at Threadneedle where he managed the highly rated $2.5bn Threadneedle American Fund as well as a number of global funds. His career began in 1997 at Baillie Gifford where he worked as an Investment Analyst on the American and UK Smaller Caps teams before becoming fund manager of the award winning American Fund. Andrew graduated with a First BCom (hons) in Business Studies from the University of Edinburgh in 1997 and also holds a masters degree in Investment Analysis from the University of Stirling. He is also a CFA charterholder.

Biography

Richard is Chief Executive Officer of F&C plc and an Executive Director of the Board. He is also CEO of LGM Investments, a Director of BMO Global Asset Management (Europe) Ltd and a Director of F&C REIT LLP. After a number of years holding senior positions within F&C Richard was appointed as CEO on the 1 January 2013 when F&C was a listed company on the London Stock Exchange, prior to its acquisition by the Bank of Montreal in May 2014. Richard held a number of senior positions at F&C prior to his appointment, including Head of Equities and Head of Investment and Institutional Business. He began his asset management career in 1988 as a UK equity manager with HSBC Asset Management (formerly Midland Montagu). In 1993 he moved to Deutsche Asset Management (formerly Morgan Grenfell) where he was latterly Managing Director, Global Equities. From Deutsche, Richard joined Gartmore Investment Management in 2003 as Head of International Equity Investments, prior to joining F&C in 2004. Richard has a BA (Hons) in Economics and Statistics from the University of Exeter. Richard is Chief Executive Officer of F&C plc and an Executive Director of the Board. He is also CEO of LGM Investments, a Director of BMO Global Asset Management (Europe) Ltd and a Director of F&C REIT LLP. After a number of years holding senior positions within F&C Richard was appointed as CEO on the 1 January 2013 when F&C was a listed company on the London Stock Exchange, prior to its acquisition by the Bank of Montreal in May 2014. Richard held a number of senior positions at F&C prior to his appointment, including Head of Equities and Head of Investment and Institutional Business. He began his asset management career in 1988 as a UK equity manager with HSBC Asset Management (formerly Midland Montagu). In 1993 he moved to Deutsche Asset Management (formerly Morgan Grenfell) where he was latterly Managing Director, Global Equities. From Deutsche, Richard joined Gartmore Investment Management in 2003 as Head of International Equity Investments, prior to joining F&C in 2004. Richard has a BA (Hons) in Economics and Statistics from the University of Exeter.
Investment HousePolar Capital
Fund ProviderPolar Capital LLP
ManagerAndrew Holliman   Biography
ManagerRichard Wilson   Biography

Fund Objective The objective of the Fund is to achieve long term capital appreciation by investing in the shares of North American companies, which are large, medium or small in size (market capitalisation).

Key Statistics

Fund Status
Fund TypeOEIC
ISINIE00B6TRWB82
12-Month NAV High £15.47
12-Month NAV Low £10.76
Fund Comparative Index -
Morningstar CategoryTMUS Large-Cap Blend Equity
Dividend FrequencyYearly
Historic Yield0.00%

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  05/12/2016

Past Performance (%) Help

as of 

This Fund

     
-----

Fund versus Morningstar Category

     
-4.39-1.846.55-0.95
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.