MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund’s investment objective is to achieve capital growth for investors planning to withdraw their investment in 2020. The fund will initially target growth through exposure to global equity markets and commodities. This will be achieved by investing primarily in funds, including those managed by Fidelity. The fund’s exposure will become increasingly defensive as the fund approaches maturity, through global exposure to debt instruments (e.g. bond funds) and cash. As the target date nears, the fund will have a UK bias and will primarily invest into cash, deposits and gilts, with the aim of capital preservation. It may also invest directly in transferable securities (which includes company shares and bonds), money market instruments, cash and deposits. Can invest in bonds issued by governments, companies and other bodies. 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. The fund has discretion in its choices of investments within its objectives and policies.

Fund Managers

Eugene Philalithis

Eugene Philalithis joined Fidelity in 2007 as a Portfolio Manager, with a focus on fixed income and alternatives. Eugene manages a number of multi asset funds with internal and open architecture for both retail and institutional clients. He has currently 17 years of investment experience which includes Russell Investment in London and Canadian Imperial Bank of Commerce in Singapore. Eugene has a Bachelor or Engineering and an MBA, both from Imperial College, London.