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||Sarasin & Partners|
|Fund Provider||Sarasin Investment Funds Ltd|
|Manager||Guy Davis Biography|
|Manager||Guy Monson Biography|
Fund Objective Sarasin Global Higher Dividend (Sterling Hedged) seeks to achieve long-term capital growth in Pounds Sterling terms whilst also generating an income yield of at least 50% higher than the MSCI World Index (Net). In order to achieve the investment objective, it is intended that the Fund will invest predominantly in global equities which satisfy one or more investment themes identified by the ACD that are expected to be key drivers of corporate profitability, investment performance and yield. The Fund may also invest in transferable securities, units in collective investment schemes, money market instruments, warrants, government and public securities and deposits. Cash and near cash may also be held by the Fund. It is the intention of the ACD that any foreign currency exposure should be hedged back into Pounds Sterling. This will typically be achieved via a currency future or currency option. It is intended that derivatives will be used and held by the Fund predominantly for the purpose of income generation. However, any positions entered into for income generation will be considered in the context of long-term capital growth. Derivatives may also be used to reduce volatility or protect investors capital. The Fund may also borrow and employ stocklending techniques in accordance with the rules in COLL. The Funds investment powers in relation to derivatives and warrants means that for regulatory purposes it will be regarded as a high volatility fund. However, the Investment Managers expectation is that the use of derivative techniques and investment in warrants will have the overall effect of reducing the volatility of returns, reflecting the investment policy for the Company generally.
|12-Month NAV High||£2.25|
|12-Month NAV Low||£1.88|
|Fund Comparative Index||-|
|Morningstar CategoryTM||Global Equity - Currency Hedged|
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.