River and Mercantile Dynamic Asset Allocation Fund B Acc


Buy/Sell Price  (as of 28/09/2016) £2.8069   Day Change :  0.15%     Fund Code:  RVDAA 

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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Investment HouseRiver and Mercantile
Fund ProviderRiver and Mercantile AM LLP

Fund Objective The Fund aims to achieve a return of 4% per annum in excess of cash based on 3 month sterling LIBOR interest rate, by investing in a broad range of asset classes, including equities (up to a maximum of 80% of the Portfolio), fixed interest securities, bonds, exchange traded funds (ETFs), units in collective investmentschemes, cash and near cash. There can be no guarantee that the investment objective of the Fund will be achieved over a 12 month period or any other period and your investment is at risk. The Fund may also hold up to 50% of its net assets in non Investment Grade securities. The Fund will have a dynamic asset allocation to suit the prevailing investment conditions and to take advantage of perceived investment opportunities identified. At least 60% of the assets of the Fund will be denominated in sterling or hedged back to sterling.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00BLZH7L20
12-Month NAV High £2.82
12-Month NAV Low £2.26
Fund Comparative Index0
Morningstar CategoryTMGBP Flexible Allocation
Dividend FrequencyTwice Yearly
Historic Yield1.38%

Annual Charges

Morningstar ratings

OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  28/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-----1.74
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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