This follows a passive strategy using full replication of the S&P500 index
Prices as at 10 Aug 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
|Dividends paid||18 Jan, 18 Apr, 18 Jul, 18 Oct|
|Standard Initial Charge||0%|
|Initial Charge Via BestInvest||0%|
|Additional Bid/Offer Spread||0%|
|Annual Management Charge||0.06%|
|Ongoing Charges Figure||0.06%|
Passive strategy, using full replication – the fund aims to hold all the stocks in the index at their index weight. Uses S&P 500 Index futures to invest cash flows and minimise transaction costs The fund systematically holds slightly lower physical stock weights, with the difference reflected as a cash holding equitised via index futures (<3% of fund TNA). In order to diversify risk, the cash holding is swept overnight to Fidelity’s Institutional Liquidity Fund and/or a panel of 15 – 20 high quality financial institutions determined by Fidelity’s Counterparty Research & Analysis Group. Aim is to keep portfolio fully invested, with any real uninvested cash exposure typically <0.01% of fund TNA
Past performance is not a guide to future performance. View full risk warning