Fidelity Multi Asset Allocator Growth Class W - Accumulation (GBP)
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Charges and Savings
Initial charges | |
---|---|
Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |
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Performance fee: | No |
Ongoing charge (OCF/TER): | 0.20% |
Ongoing saving from HL: | 0.00% |
Net ongoing charge: | 0.20% |
In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
15/08/19 to 15/08/20 | 15/08/20 to 15/08/21 | 15/08/21 to 15/08/22 | 15/08/22 to 15/08/23 | 15/08/23 to 15/08/24 | |
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Annual return | 4.03% | 14.62% | -1.84% | -3.03% | 12.81% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
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 40% in lower-risk assets (such as debt instruments including global government bonds, global corporate bonds and cash) and 60% 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 40/60 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 40% lower-risk assets, the Fund will aim to maintain an allocation of at least 20% in government bonds and over 10% in corporate bonds. For the 60% higher-risk assets, the Fund will aim to maintain an allocation of at least 35% 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.
Income Details
Security | Weight |
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Fidelity (Onshore) Index World Class F | 30.30% |
HSBC GLOBAL FDS ICAV | 15.96% |
HSBC GLOBAL FDS ICAV | 10.67% |
Fidelity (Onshore) Index Global Government Bond Class F | 7.68% |
XTRACKERS MSCI AC WORLD ESG SCREENED UCITS ETF | 7.02% |
Fidelity (Onshore) Index Emerging Markets Class F | 6.03% |
AMUNDI INDEX FTSE EPRA NAREIT GLOBAL | 5.20% |
iShares iShares III plc Core MSCI World UCITS ETF USD (Acc) | 5.01% |
Legal & General ICAV L&G Global Small Cap Equity Index Fund Class C | 4.05% |
iShares iShares III plc MSCI World Small Cap UCITS ETF USD (Acc) | 1.73% |
Sector | Weight |
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Managed Funds | 32.47% |
Cash and Equiv. | 16.26% |
Non-Classified | 9.22% |
Bonds | 7.58% |
Commodities | 7.02% |
Alternative Trading Strategies | 5.05% |
Software & Computer Services | 1.96% |
Technology Hardware & Equipment | 1.78% |
Banks | 1.51% |
Industrial Transportation | 0.94% |
Country | Weight |
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Managed Funds | 32.47% |
Cash and Equiv. | 16.26% |
Non-Classified | 13.71% |
United States | 8.22% |
Ireland | 7.11% |
Japan | 4.28% |
France | 1.47% |
United Kingdom | 1.41% |
Germany | 1.28% |
Direct Property and REITs | 1.25% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 15 August 2024. Data provided by Broadridge, correct as at 30 June 2024.
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4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.