Fidelity Moneybuilder Balanced A

  • 43.76p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 1.00%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.21%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 4.00%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 21 September 2020, fund data last updated 11 July 2008

This fund is effectively an amalgamation of two separate portfolios and aims to combine and above-average yield with some capital growth and low volatility. With the advent of fund supermarkets, customised bond/equity splits can be achieved through the use of suitable funds from different managers.

Fund summary

Sector Mixed Investment 40-85% Shares
Structure OEIC
Launched
Size £323m
Yield 4.00%
Charging basis Capital
Dividends paid 28th day of each month

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.21%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

The fund aims to achieve an attractive level of income with some long-term capital growth from a portfolio invested in UK equities and fixed income securities. The official benchmark of the fund is a composite index representing 65% of the FTSE All-Share Index and 35% of the FTSE All Stocks Index. The stocks held in the equity portion of the fund result from bottom-up, fundamental analysis. While the manager invests across small, mid and large companies, there is likely to be a bias towards medium-sized companies. The fixed-income section is invested in UK government bonds, sterling-denominated corporate bonds and other fixed-income securities, such as interest-paying preference shares and convertibles.

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Sector breakdown

Fixed Interest 35.00%
Consumer Goods 14.00%
Financials 12.00%
Health Care 10.00%
Utilities 8.00%
Consumer Services 7.00%
Oil & Gas 4.00%
Basic Materials 4.00%
Telecommunications 2.00%
Technology 2.00%

Key Investor Information

Download