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FNW Fidelity Target 2015

1 FE Trustnet

FE Crown Rating

Fund Objective

The Fund's investment objective is to achieve long term capital growth for investors to 2015. The Fund will move increasingly to an asset allocation appropriate to achieve a combination of income and long term capital growth as the year 2015 is approached. In 2015 the Fund will merge into the Fidelity Retirement Income Fund Accumulation Share Class. It invests in a wide range of investments covering markets throughout the world and providing exposure to bonds, company shares, index based commodity derivatives, property and cash. The Fund will invest primarily in funds, including those managed by Fidelity. It may also invest directly in transferable securities (which includes company shares and bonds), money market instruments, cash and deposits and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. The fund can invest in bonds issued by governments, companies and other bodies and can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure.

Fund Manager

Joo Hee Lee

Fund Manager




Primary Asset Class

Fund Size

GBP 0.21m as at 31-Oct-2015

Unit Name

FNW Fidelity Target 2015 4





Initial Charge


Unit Currency




Annual Charge



GBX 125.60

Change (Mid)

0.00 (0.00%)

Unit LaunchDate


Performance Overview

Performance Charts

Cumulative Performance

  YTD 3m 6m 1y 3y 5y
Fund -0.79 -0.24 -1.80 -0.95 3.65 8.58
Sector 0.80 1.78 -2.93 0.76 14.52 23.55

Discrete Performance (%)

  2014 2013 2012 2011 2010
Fund 1.78 2.57 6.17 -4.63 10.24
Sector 4.00 7.64 8.42 -1.41 9.24

Asset Allocation

breakdown chart
  Asset Class % of Fund
UK Fixed Interest 44.57
Money Market 37.84
Hedge 9.89
Europe ex UK Equities 2.35
Asia Pacific Equities 1.54
North American Equities 1.54
UK Equities 1.51
Global Emerging Market Equities 0.76

Regional Breakdown

breakdown chart
  Region % of Fund
USA 22.70
UK 17.50
International 15.50
Japan 13.10
Switzerland 7.70
France 6.70
Germany 6.30
China 3.80
India 2.00
Hong Kong 1.90
Taiwan 1.80
Not Specified 1.00

Sector Breakdown

breakdown chart
  Sector % of Fund
Financials 22.70
Consumer Discretionary 16.70
Information Technology 13.20
Health Care 12.80
Industrials 9.90
Consumer Staples 9.20
Energy 4.20
Materials 3.50
Others 3.10
Telecommunications Utilities 2.80
Utilities 1.90

All prices in Pence Sterling (GBX) unless otherwise specified. Price performance figures are calculated on a bid price to bid price basis with net income (dividends) reinvested. Performance figures are shown in Sterling.

Data provided by FE. Care has been taken to ensure that the information is correct, but FE neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.