MoneyAM Fund Centre

Quick Stats

Fund Objective

The fund aims to increase the value of your investment over a period of 5 years or more. The fund will invest at least 70% in UK companies. The fund will invest in companies believed to be undervalued with recovery potential not fully recognised by the market. The companies will be either listed, incorporated, domiciled, or have significant business activities in the region. The remainder will be invested in companies outside the UK and in other investment types such as cash and derivatives. Derivatives are investments whose value is linked to another investment, or to the performance of a stock exchange or to some other variable factor, such as interest rates and used to reduce risk or transaction costs and/or to generate extra income or further increase the value of your investment. The fund may also use derivatives with the aim of achieving the investment objective. The fund is actively managed without reference to a benchmark. The fund has full discretion in its choices of investments within its objectives and policies. Income earned by the fund is paid into the fund and reflected by an increase in the value of each share. Shares can usually be bought and sold each business day of the fund.

Fund Managers

Alex Wright

Alex Wright has been with Fidelity since 2001 and followed the traditional Fidelity approach to becoming a Portfolio Manager. He began his career as a pan-European equity analyst, rotating across a number of different sectors. In 2007, he chose to focus on UK equities, initially as a UK small cap analyst. As an analyst, he worked closely with both Anthony Bolton and Sanjeev Shah, the two previous managers of the Fidelity Special Situations Fund.Alex began running client assets in 2008 with the launch of the Fidelity UK Smaller Companies Fund. In 2010, he broadened his remit to the full market cap spectrum, began working more closely with Sanjeev Shah on the Fidelity Special Situations Fund and launched an internal all cap portfolio. In September 2012, Alex took over the Fidelity Special Values PLC investment trust from Sanjeev Shah and in January 2014 he took over the Fidelity Special Situations Fund.In 2017, Alex was named FE Alpha Manager of the Year. He is also an FE Trustnet Alpha Manager*.Alex graduated from Warwick University with a 1st class Honours degree in Economics and is a CFA Charterholder.

Jonathan Winton

Jonathan Winton joined Fidelity as an analyst in 2005, and has since covered pan European Support Services, Small Cap Technology and Beverages & Tobacco. He was promoted to co-portfolio manager in February 2013. Jonathan graduated from University of Nottingham with a degree in Politics.