Fidelity MltAsst Open Def W Acc (FUND:BC7GXK5) - Fund price

Fund Report

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation

Key Stats
Morningstar® CategoryGBP Moderately Cautious Allocation
Manager NameBill McQuaker
Inception Date24/07/2013
NAV 21/11/2019GBX 129.10
Day Change-0.15%
12 Month Yield1.16%
Dividend FrequencyAnnually
Net Assets (mil) 30/09/201964.80 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.00%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark


Morningstar® Benchmark

Morningstar UK Moderately Cautious

Growth Of 10,000 (GBP) 31/10/2019

How has this security performed
  • Fund: Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation
  • Category: GBP Moderately Cautious Allocation
  • Benchmark: Morningstar UK Moderately Cautious
Trailing Returns % (GBP) 21/11/2019
3 Years Annualised3.633.524.82
5 Years Annualised4.023.867.01
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
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  • 3
  • 4
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

This Fund targets an average annual return of 4% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the Y share class. There is no guarantee that the target will be achieved by the Fund. The Fund typically has a large exposure to lower risk investments with the aim of mitigating the risk of capital losses, however, an investor may not get back the full amount invested.

Portfolio Profile30/09/2019

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Stock Regions
United States36.13
United Kingdom3.37

Top Sectors

Stock Sector%
Basic Materials78.46
Consumer Defensive2.65
Communication Services1.84
Fixed Income Sector%
Cash & Equivalents88.63
Government Related11.88
Corporate Bond0.22
Covered Bond0.01
Top Holdings
IncreaseDecreaseNew since last portfolio
Fidelity Global Aggregate Bond I GBP Acc Not Classified34.09
Fidelity UK Equity I GBP Acc Not Classified11.50
IncreaseFid Ilf Gbp Fund C Acc Not Classified11.25
Fidelity Global Sub-IG Fxd Inc IGBPAcc Not Classified8.44
DecreaseiShares Physical Gold ETC Not Classified4.39
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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