Fidelity (Onshore) Multi Asset Allocator Defensive Class W Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
30/06/24 to 30/06/25 |
|
|---|---|---|---|---|---|
| Fund | 4.6% | -9.9% | 0.5% | 6.4% | 5.6% |
| Sector | 6.9% | -8.6% | -0.8% | 7.6% | 4.9% |
| Rank | 43/49 | 43/57 | 17/59 | 52/62 | 21/65 |
| Quartile | 4 | 3 | 2 | 4 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/06/25 |
5 Years to 30/06/25 |
10 Years to 30/06/25 |
||
| Fund | 4.1% | 1.3% | 2.7% | |
| Sector | 3.8% | 1.8% | 2.6% | |
| Rank | 29/59 | 39/49 | 17/34 | |
| Quartile | 2 | 4 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 0.17 |
| SG ISSUER SA FRN SOFR+9 03/07/2025 | 0.16 |
| ITALY REPUBLIC OF 5.75% 02/01/2033 REGS | 0.15 |
| ITALY REPUBLIC OF 3.15% 11/15/2031 144A REGS | 0.15 |
| ITALY REPUBLIC OF 3.5% 02/15/2031 144A REGS | 0.15 |
| UST NOTES 1.375% 11/15/2031 | 0.15 |
| UST NOTES 1.25% 08/15/2031 | 0.15 |
| ITALY REPUBLIC OF 5% 08/01/2039 144A REGS | 0.15 |
| UST NOTES 0.625% 07/31/2026 | 0.15 |
| UST NOTES 3.75% 08/31/2026 | 0.15 |
| Total | 1.50 |
Fund Aims
The Investment Manager will actively select investments for the fund. As part of the investment process, the Investment Manager aims to maintain a fixed allocation of 80% in lower-risk assets (such as debt instruments including global government bonds, global corporate bonds and cash) and 20% higher-risk assets (including global equities, global emerging market equities, global smaller companies and global property securities). This allocation, as well as the breakdown of higher-risk and lower-risk assets, may change according to prevailing market conditions and the efficient management of the portfolio, and will be periodically rebalanced back to its target 80/20 allocation. As part of the Fund’s asset allocation process, the Investment Manager will aim to maintain an underlying static asset allocation that is designed in-house and based on proprietary capital market assumptions using quantitative research. For the 80% lower-risk assets, the Fund will aim to maintain an allocation of at least 40% in government bonds and over 25% in corporate bonds. For the 20% higher-risk assets, the Fund will aim to maintain an allocation of at least 10% in global equities with the remainder spread across assets including global real estate investment trusts, global small cap and emerging market equities. The Investment Manager rebalances the strategy regularly back to these static asset allocations and has discretion over when to do so. However, the Portfolio Manager does not take relative positions ‘overweight’ or ‘underweight’ versus this static mix. The Fund does not aim to outperform this static asset allocation. The Fund is managed without reference to a benchmark.
Fund Manager
TBC
TBC
Fund Overview
| Mid (16/07/2025) | 147.60p |
| Distribution yield | - |
| Underlying yield | - |
| Fund size (31/05/2025) | £105.19m |
| Number of holdings | 10352 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.20% |
| Launch date | 01/03/2013 |
Asset Allocation
| International Bonds | 13.62% | |
| Alternative Trading Strategies | 9.75% | |
| International Equities | 8.75% | |
| Money Market | 6.75% | |
| Cash and Equivalents | 2.28% | |
| UK Gilts | 0.95% | |
| Property | 0.51% | |
| UK Equities | 0.38% | |
| Investment Trusts | 0.00% | |
| Other Assets | 57.00% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Asset Allocation
| International Bonds | 13.62% | |
| Alternative Trading Strategies | 9.75% | |
| International Equities | 8.75% | |
| Money Market | 6.75% | |
| Cash and Equivalents | 2.28% | |
| UK Gilts | 0.95% | |
| Property | 0.51% | |
| UK Equities | 0.38% | |
| Investment Trusts | 0.00% | |
| Other Assets | 57.00% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Non-Classified | 57.01% | - | - | - | |
| Non-Classified | - | 56.48% | - | - | |
| Non-Classified | - | - | 56.48% | - | |
| Non-Classified | - | - | - | 56.48% | |
| Bonds | 14.57% | - | - | - | |
| Alternative Trading Strategies | 9.75% | - | - | - | |
| Alternative Trading Strategies | - | 9.75% | - | - | |
| Alternative Trading Strategies | - | - | 9.75% | - | |
| Alternative Trading Strategies | - | - | - | 9.75% | |
| Cash and Equivalents | 9.03% | - | - | - | |
| Industrials | 1.69% | - | - | - | |
| Industrial Goods & Services | - | 1.46% | - | - | |
| Industrial Transportation | - | - | 0.38% | - | |
| Marine Transportation | - | - | - | 0.13% | |
| Railroads | - | - | - | 0.10% | |
| Transportation Services | - | - | - | 0.05% | |
| Trucking | - | - | - | 0.04% | |
| Delivery Services | - | - | - | 0.03% | |
| Commercial Vehicle-Equipment Leasing | - | - | - | 0.01% | |
| Commercial Vehicles & Parts | - | - | - | 0.01% | |
| Railroad Equipment | - | - | - | 0.00% | |
| Industrial Engineering | - | - | 0.28% | - | |
| Machinery: Industrial | - | - | - | 0.14% | |
| Machinery: Construction & Handling | - | - | - | 0.07% | |
| Machinery: Tools | - | - | - | 0.04% | |
| Machinery: Specialty | - | - | - | 0.03% | |
| Machinery: Engines | - | - | - | 0.01% | |
| Machinery: Agricultural | - | - | - | 0.00% | |
| General Industrials | - | - | 0.25% | - | |
| Diversified Industrials | - | - | - | 0.11% | |
| Containers & Packaging | - | - | - | 0.08% | |
| Paints & Coatings | - | - | - | 0.04% | |
| Glass | - | - | - | 0.03% | |
| Plastics | - | - | - | 0.00% | |
| Industrial Support Services | - | - | 0.25% | - | |
| Industrial Suppliers | - | - | - | 0.08% | |
| Professional Business Support Services | - | - | - | 0.05% | |
| Security Services | - | - | - | 0.03% | |
| Transaction Processing Services | - | - | - | 0.03% | |
| Business Training & Employment Agencies | - | - | - | 0.03% | |
| Forms & Bulk Printing Services | - | - | - | 0.03% | |
| Electronic & Electrical Equipment | - | - | 0.22% | - | |
| Electrical Components | - | - | - | 0.12% | |
| Electronic Equipment: Gauges & Meters | - | - | - | 0.06% | |
| Electronic Equipment: Control & Filter | - | - | - | 0.02% | |
| Electronic Equipment: Other | - | - | - | 0.02% | |
| Electronic Equipment: Pollution Control | - | - | - | 0.00% | |
| Aerospace & Defence | - | - | 0.07% | - | |
| Aerospace | - | - | - | 0.05% | |
| Defense | - | - | - | 0.02% | |
| Construction & Materials | - | 0.23% | - | - | |
| Construction & Materials | - | - | 0.23% | - | |
| Building Materials: Other | - | - | - | 0.08% | |
| Building: Climate Control | - | - | - | 0.05% | |
| Engineering & Contracting Services | - | - | - | 0.04% | |
| Construction | - | - | - | 0.03% | |
| Cement | - | - | - | 0.02% | |
| Building, Roofing/Wallboard & Plumbing | - | - | - | 0.01% | |
| Consumer Discretionary | 1.55% | - | - | - | |
| Travel & Leisure | - | 0.50% | - | - | |
| Travel & Leisure | - | - | 0.50% | - | |
| Airlines | - | - | - | 0.17% | |
| Casinos & Gambling | - | - | - | 0.15% | |
| Restaurants & Bars | - | - | - | 0.08% | |
| Hotels & Motels | - | - | - | 0.07% | |
| Travel & Tourism | - | - | - | 0.02% | |
| Recreational Services | - | - | - | 0.01% | |
| Consumer Products & Services | - | 0.38% | - | - | |
| Personal Goods | - | - | 0.13% | - | |
| Clothing & Accessories | - | - | - | 0.05% | |
| Cosmetics | - | - | - | 0.03% | |
| Luxury Items | - | - | - | 0.03% | |
| Footwear | - | - | - | 0.02% | |
| Leisure Goods | - | - | 0.10% | - | |
| Electronic Entertainment | - | - | - | 0.05% | |
| Recreational Vehicles & Boats | - | - | - | 0.04% | |
| Recreational Products | - | - | - | 0.01% | |
| Consumer Electronics | - | - | - | 0.00% | |
| Toys | - | - | - | 0.00% | |
| Photography | - | - | - | 0.00% | |
| Consumer Services | - | - | 0.08% | - | |
| Consumer Services: Misc. | - | - | - | 0.03% | |
| Rental & Leasing Services: Consumer | - | - | - | 0.03% | |
| Education Services | - | - | - | 0.01% | |
| Funeral Parlors & Cemetery | - | - | - | 0.00% | |
| Vending & Catering Service | - | - | - | 0.00% | |
| Storage Facilities | - | - | - | 0.00% | |
| Household Goods & Home Construction | - | - | 0.07% | - | |
| Home Construction | - | - | - | 0.05% | |
| Household Appliance | - | - | - | 0.01% | |
| Household Furnishings | - | - | - | 0.01% | |
| Household Equipment & Products | - | - | - | 0.00% | |
| Retail | - | 0.32% | - | - | |
| Retailers | - | - | 0.32% | - | |
| Diversified Retailers | - | - | - | 0.20% | |
| Specialty Retailers | - | - | - | 0.06% | |
| Home Improvement Retailers | - | - | - | 0.04% | |
| Apparel Retailers | - | - | - | 0.03% | |
| Automobiles & Parts | - | 0.24% | - | - | |
| Automobiles & Parts | - | - | 0.24% | - | |
| Automobiles | - | - | - | 0.16% | |
| Auto Parts | - | - | - | 0.06% | |
| Auto Services | - | - | - | 0.02% | |
| Tires | - | - | - | 0.01% | |
| Media | - | 0.11% | - | - | |
| Media | - | - | 0.11% | - | |
| Entertainment | - | - | - | 0.07% | |
| Media Agencies | - | - | - | 0.02% | |
| Radio & TV Broadcasters | - | - | - | 0.01% | |
| Publishing | - | - | - | 0.00% | |
| Financials | 1.23% | - | - | - | |
| Banks | - | 0.56% | - | - | |
| Banks | - | - | 0.56% | - | |
| Banks | - | - | - | 0.56% | |
| Financial Services | - | 0.45% | - | - | |
| Investment Banking & Brokerage Services | - | - | 0.36% | - | |
| Asset Managers & Custodians | - | - | - | 0.22% | |
| Investment Services | - | - | - | 0.07% | |
| Diversified Financial Services | - | - | - | 0.06% | |
| Finance & Credit Services | - | - | 0.09% | - | |
| Consumer Lending | - | - | - | 0.07% | |
| Mortgage Finance | - | - | - | 0.01% | |
| Financial Data & Systems | - | - | - | 0.00% | |
| Mortgage Real Estate Investment Trusts | - | - | 0.01% | - | |
| Mortgage REITs: Residential | - | - | - | 0.01% | |
| Mortgage REITs: Diversified | - | - | - | 0.00% | |
| Mortgage REITs: Commercial | - | - | - | 0.00% | |
| Equity Investment Instruments | - | - | 0.00% | - | |
| Equity Investment Instruments | - | - | - | 0.00% | |
| Insurance | - | 0.22% | - | - | |
| Non-life Insurance | - | - | 0.12% | - | |
| Full Line Insurance | - | - | - | 0.06% | |
| Property & Casualty Insurance | - | - | - | 0.04% | |
| Reinsurance | - | - | - | 0.01% | |
| Insurance Brokers | - | - | - | 0.01% | |
| Life Insurance | - | - | 0.10% | - | |
| Life Insurance | - | - | - | 0.10% | |
| Real Estate | 1.05% | - | - | - | |
| Real Estate | - | 1.05% | - | - | |
| Real Estate Investment Trusts | - | - | 0.65% | - | |
| Retail REITs | - | - | - | 0.13% | |
| Diversified REITs | - | - | - | 0.09% | |
| Office REITs | - | - | - | 0.08% | |
| Industrial REITs | - | - | - | 0.08% | |
| Residential REITs | - | - | - | 0.08% | |
| Other Specialty REITs | - | - | - | 0.08% | |
| Health Care REITs | - | - | - | 0.07% | |
| Hotel & Lodging REITs | - | - | - | 0.03% | |
| Storage REITs | - | - | - | 0.03% | |
| Timber REITs | - | - | - | 0.00% | |
| Infrastructure REITs | - | - | - | 0.00% | |
| Real Estate Investment & Services | - | - | 0.40% | - | |
| Real Estate Holding and Development | - | - | - | 0.35% | |
| Real Estate Services | - | - | - | 0.04% | |
| Technology | 0.99% | - | - | - | |
| Technology | - | 0.99% | - | - | |
| Software & Computer Services | - | - | 0.53% | - | |
| Consumer Digital Services | - | - | - | 0.24% | |
| Computer Services | - | - | - | 0.15% | |
| Software | - | - | - | 0.15% | |
| Technology Hardware & Equipment | - | - | 0.46% | - | |
| Semiconductors | - | - | - | 0.26% | |
| Electronic Components | - | - | - | 0.08% | |
| Production Technology Equipment | - | - | - | 0.05% | |
| Computer Hardware | - | - | - | 0.05% | |
| Electronic Office Equipment | - | - | - | 0.02% | |
| Basic Materials | 0.70% | - | - | - | |
| Basic Resources | - | 0.43% | - | - | |
| Industrial Metals & Mining | - | - | 0.29% | - | |
| Iron & Steel | - | - | - | 0.10% | |
| Nonferrous Metals | - | - | - | 0.07% | |
| General Mining | - | - | - | 0.04% | |
| Aluminum | - | - | - | 0.04% | |
| Metal Fabricating | - | - | - | 0.04% | |
| Copper | - | - | - | 0.01% | |
| Industrial Materials | - | - | 0.09% | - | |
| Paper | - | - | - | 0.04% | |
| Diversified Materials | - | - | - | 0.03% | |
| Forestry | - | - | - | 0.02% | |
| Precious Metals & Mining | - | - | 0.05% | - | |
| Gold Mining | - | - | - | 0.04% | |
| Platinum & Precious Metals | - | - | - | 0.01% | |
| Diamonds & Gemstones | - | - | - | 0.00% | |
| Chemicals | - | 0.27% | - | - | |
| Chemicals | - | - | 0.27% | - | |
| Chemicals: Diversified | - | - | - | 0.15% | |
| Specialty Chemicals | - | - | - | 0.09% | |
| Fertilizers | - | - | - | 0.03% | |
| Chemicals & Synthetic Fibers | - | - | - | 0.00% | |
| Health Care | 0.67% | - | - | - | |
| Health Care | - | 0.67% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 0.35% | - | |
| Pharmaceuticals | - | - | - | 0.24% | |
| Biotechnology | - | - | - | 0.11% | |
| Cannabis Producers | - | - | - | 0.00% | |
| Medical Equipment & Services | - | - | 0.23% | - | |
| Medical Equipment | - | - | - | 0.13% | |
| Medical Supplies | - | - | - | 0.05% | |
| Medical Services | - | - | - | 0.04% | |
| Health Care Providers | - | - | 0.10% | - | |
| Health Care Facilities | - | - | - | 0.05% | |
| Health Care Services | - | - | - | 0.04% | |
| Health Care Management Services | - | - | - | 0.00% | |
| Health Care: Misc. | - | - | - | 0.00% | |
| Consumer Staples | 0.65% | - | - | - | |
| Food, Beverage & Tobacco | - | 0.45% | - | - | |
| Food Producers | - | - | 0.29% | - | |
| Food Products | - | - | - | 0.26% | |
| Fruit & Grain Processing | - | - | - | 0.02% | |
| Farming, Fishing, Ranching & Plantations | - | - | - | 0.01% | |
| Sugar | - | - | - | 0.00% | |
| Beverages | - | - | 0.15% | - | |
| Soft Drinks | - | - | - | 0.07% | |
| Distillers & Vintners | - | - | - | 0.07% | |
| Brewers | - | - | - | 0.01% | |
| Tobacco | - | - | 0.01% | - | |
| Tobacco | - | - | - | 0.01% | |
| Personal Care, Drug & Grocery Stores | - | 0.19% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 0.19% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.13% | |
| Drug Retailers | - | - | - | 0.04% | |
| Personal Products | - | - | - | 0.01% | |
| Nondurable Household Products | - | - | - | 0.00% | |
| Miscellaneous Consumer Staple Goods | - | - | - | 0.00% | |
| Utilities | 0.43% | - | - | - | |
| Utilities | - | 0.43% | - | - | |
| Electricity | - | - | 0.30% | - | |
| Alternative Electricity | - | - | - | 0.16% | |
| Conventional Electricity | - | - | - | 0.14% | |
| Gas, Water & Multi-utilities | - | - | 0.12% | - | |
| Multi-Utilities | - | - | - | 0.09% | |
| Gas Distribution | - | - | - | 0.02% | |
| Water | - | - | - | 0.01% | |
| Waste & Disposal Services | - | - | 0.01% | - | |
| Waste & Disposal Services | - | - | - | 0.01% | |
| Energy | 0.36% | - | - | - | |
| Energy | - | 0.36% | - | - | |
| Non-Renewable Energy | - | - | 0.35% | - | |
| Oil Refining and Marketing | - | - | - | 0.09% | |
| Integrated Oil & Gas | - | - | - | 0.09% | |
| Oil Equipment & Services | - | - | - | 0.06% | |
| Pipelines | - | - | - | 0.04% | |
| Oil: Crude Producers | - | - | - | 0.03% | |
| Coal | - | - | - | 0.03% | |
| Offshore Drilling & Other Services | - | - | - | 0.00% | |
| Renewable Energy | - | - | 0.01% | - | |
| Renewable Energy Equipment | - | - | - | 0.01% | |
| Alternative Fuels | - | - | - | 0.00% | |
| Telecommunications | 0.31% | - | - | - | |
| Telecommunications | - | 0.31% | - | - | |
| Telecommunications Service Providers | - | - | 0.21% | - | |
| Telecommunications Services | - | - | - | 0.21% | |
| Cable Television Services | - | - | - | 0.00% | |
| Telecommunications Equipment | - | - | 0.10% | - | |
| Telecommunications Equipment | - | - | - | 0.10% | |
Regional Allocation
| Non-Classified | 66.81% | |
| North America | 10.44% | |
| Cash and Equivalents | 9.03% | |
| Developed Europe - Excl UK | 4.97% | |
| Japan | 4.25% | |
| Emerging Asia | 1.44% | |
| UK | 1.33% | |
| Property | 0.48% | |
| Developed Asia | 0.46% | |
| Other Regions | 0.79% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 83.16% | |
| US Dollar | 7.91% | |
| Euro | 2.76% | |
| Yen | 2.63% | |
| Cash | 2.27% | |
| Pound Sterling | 0.95% | |
| Other Currencies | 0.32% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Non-Classified | 66.81% | - | |
| North America | 10.44% | - | |
United States
|
- | 9.61% | |
Canada
|
- | 0.83% | |
Bermuda
|
- | 0.00% | |
| Cash and Equivalents | 9.03% | - | |
| Developed Europe - Excl UK | 4.97% | - | |
France
|
- | 1.38% | |
Italy
|
- | 1.09% | |
Germany
|
- | 1.08% | |
Sweden
|
- | 0.38% | |
Finland
|
- | 0.20% | |
Switzerland
|
- | 0.19% | |
Denmark
|
- | 0.13% | |
Belgium
|
- | 0.11% | |
Norway
|
- | 0.10% | |
Netherlands
|
- | 0.09% | |
Luxembourg
|
- | 0.05% | |
Spain
|
- | 0.05% | |
Ireland
|
- | 0.04% | |
Austria
|
- | 0.03% | |
Portugal
|
- | 0.03% | |
Faroe Islands
|
- | 0.00% | |
| Japan | 4.25% | - | |
Japan
|
- | 4.25% | |
| Emerging Asia | 1.44% | - | |
China
|
- | 0.48% | |
India
|
- | 0.37% | |
Taiwan
|
- | 0.33% | |
South Korea
|
- | 0.18% | |
Malaysia
|
- | 0.03% | |
Indonesia
|
- | 0.02% | |
Thailand
|
- | 0.02% | |
Philippines
|
- | 0.01% | |
| UK | 1.33% | - | |
United Kingdom
|
- | 1.33% | |
Jersey
|
- | 0.00% | |
| Property | 0.48% | - | |
| Developed Asia | 0.46% | - | |
Hong Kong
|
- | 0.32% | |
Singapore
|
- | 0.14% | |
| Australia & New Zealand | 0.35% | - | |
Australia
|
- | 0.29% | |
New Zealand
|
- | 0.07% | |
New Caledonia
|
- | 0.00% | |
| Middle East & Africa | 0.27% | - | |
Saudi Arabia
|
- | 0.08% | |
Israel
|
- | 0.08% | |
South Africa
|
- | 0.06% | |
United Arab Emirates
|
- | 0.03% | |
Qatar
|
- | 0.02% | |
Kuwait
|
- | 0.02% | |
Egypt
|
- | 0.00% | |
| South & Central America | 0.12% | - | |
Brazil
|
- | 0.08% | |
Mexico
|
- | 0.03% | |
Chile
|
- | 0.01% | |
Puerto Rico
|
- | 0.00% | |
Colombia
|
- | 0.00% | |
Cayman Islands
|
- | 0.00% | |
| Emerging Europe | 0.04% | - | |
Poland
|
- | 0.01% | |
Greece
|
- | 0.01% | |
Turkey
|
- | 0.01% | |
Hungary
|
- | 0.01% | |
Czech Republic
|
- | 0.00% | |
Russian Federation
|
- | 0.00% | |
Breakdown By Market Cap (%)
| Mega |
|
1.28% |
| Large |
|
4.55% |
| Medium |
|
2.27% |
| Small |
|
0.31% |
| Micro |
|
0.03% |
| Non-Classified |
|
67.96% |
| Bonds |
|
14.57% |
| Cash |
|
9.03% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 0.17% | Technology Hardware & Equipment | Taiwan |
| 2 | SG ISSUER SA FRN SOFR+9 03/07/2025 | 0.16% | Non-Classified | Non-Classified |
| 3 | ITALY REPUBLIC OF 5.75% 02/01/2033 REGS | 0.15% | Bonds | Italy |
| 4 | ITALY REPUBLIC OF 3.15% 11/15/2031 144A REGS | 0.15% | Bonds | Italy |
| 5 | ITALY REPUBLIC OF 3.5% 02/15/2031 144A REGS | 0.15% | Bonds | Italy |
| 6 | UST NOTES 1.375% 11/15/2031 | 0.15% | Bonds | United States |
| 7 | UST NOTES 1.25% 08/15/2031 | 0.15% | Bonds | United States |
| 8 | ITALY REPUBLIC OF 5% 08/01/2039 144A REGS | 0.15% | Bonds | Italy |
| 9 | UST NOTES 0.625% 07/31/2026 | 0.15% | Bonds | United States |
| 10 | UST NOTES 3.75% 08/31/2026 | 0.15% | Bonds | United States |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 0.98% | - | - | - | - | - | - | 0.99% |
| Telecommunications | - | 0.31% | - | - | - | - | - | - | 0.31% |
| Financials | 0.06% | 1.17% | - | - | - | - | - | - | 1.23% |
| Real Estate | 0.01% | 0.53% | - | - | - | 0.51% | - | - | 1.05% |
| Consumer Discretionary | 0.12% | 1.44% | - | - | - | - | 0.02% | - | 1.58% |
| Consumer Staples | 0.03% | 0.61% | - | 0.01% | - | - | - | - | 0.66% |
| Energy | 0.01% | 0.36% | - | - | - | - | - | - | 0.36% |
| Utilities | - | 0.42% | - | - | - | - | - | - | 0.43% |
| Health Care | 0.02% | 0.65% | - | - | - | - | - | - | 0.67% |
| Industrials | 0.08% | 1.61% | - | - | - | - | 0.03% | - | 1.73% |
| Basic Materials | 0.03% | 0.67% | - | - | - | - | - | - | 0.70% |
| Cash and Equivalents | - | - | - | - | - | - | - | 2.28% | 2.28% |
| Bonds | - | - | - | 13.61% | 0.95% | - | - | - | 14.56% |
| Non-Classified | - | - | - | - | - | - | 66.69% | 6.75% | 73.45% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B8YQD22 |
| Mex Code | - |
| Isin Code | GB00B8YQD220 |
| Citi Code | 0DT9 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.20% |
Aims and Benchmark
| Aims | The Investment Manager will actively select investments for the fund. As part of the investment process, the Investment Manager aims to maintain a fixed allocation of 80% in lower-risk assets (such as debt instruments including global government bonds, global corporate bonds and cash) and 20% higher-risk assets (including global equities, global emerging market equities, global smaller companies and global property securities). This allocation, as well as the breakdown of higher-risk and lower-risk assets, may change according to prevailing market conditions and the efficient management of the portfolio, and will be periodically rebalanced back to its target 80/20 allocation. As part of the Fund’s asset allocation process, the Investment Manager will aim to maintain an underlying static asset allocation that is designed in-house and based on proprietary capital market assumptions using quantitative research. For the 80% lower-risk assets, the Fund will aim to maintain an allocation of at least 40% in government bonds and over 25% in corporate bonds. For the 20% higher-risk assets, the Fund will aim to maintain an allocation of at least 10% in global equities with the remainder spread across assets including global real estate investment trusts, global small cap and emerging market equities. The Investment Manager rebalances the strategy regularly back to these static asset allocations and has discretion over when to do so. However, the Portfolio Manager does not take relative positions ‘overweight’ or ‘underweight’ versus this static mix. The Fund does not aim to outperform this static asset allocation. The Fund is managed without reference to a benchmark. |
| Benchmark | 5% DJ - UBS Commodity Index TR, 25% GBP 1 W Libid, 50% BofA ML Sterling Large Cap, 10.0% MSCI AC World Index, 5% FTSE All Share, 5% FTSE EPRA/NAREIT Global |
| Benchmark Category | - |
| IA Sector | Mixed Investment 0-35% Shares |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £1.00 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Interest |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 November | 31 December |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | J.P. Morgan Trustee and Depositary Company Limited |
| Fund Administrator | Internal |
| Fund Registrar | Internal |
| Fund Custodian | J.P. Morgan Trustee and Depositary Company Limited |
Group Details
| Group name | Fidelity International (Onshore) |
| Group address | Oakhill House 130 Tonbridge Road Hildenborougha Kent TN11 9DZ |
| Group telephone | 0800 41 41 81 |
| Dealing telephone | 0800 41 41 81 |
| brokerline@uk.fid-intl.com | |
| Homepage | www.fidelity.co.uk |
| Fax number | 0800 783 9646 |
Dealing
| Minimum Investment | £1000 |
| Minimum Top Up | £250 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 0.09 |
| Beta | 1.03 |
| Sharpe | 0.11 |
| Standard Deviation | 5.96 |
| Info Ratio | 0.11 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| Concentrated Portfolio | No |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | Yes |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | Yes |
| New Fund | Yes |
| Solvency of Depository | No |
| Solvency of Bond Issuers | Yes |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Emerging Markets
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Derivative Exposure
The fund invests in derivatives as part of its investment strategy, over and above their use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their obligations which in turn could lead to losses arising.
Umbrella Liabilities
If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.
New Fund
The charges and expenses may make up a higher proportion of a newly launched fund than initially estimated.
Solvency of Bond Issuers
If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. Please remember that past performance is not a reliable indicator of future performance. The figures shown are intended only to demonstrate performance history of the fund and take no account of product charges. Fund Performance is based upon the movement of the daily price and is shown as total return in GBP with net income reinvested. The value of your client's investment may go down as well as up and the fund value may be less than the payments your client has made. Please also note that our charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. You should refer to your client's policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this report or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.