Suspended

Fidelity American - Rating suspended

Rating upgraded

Trojan Fund - Rating upgraded

Rating upgraded

Newton Global Higher Income - Rating upgraded

Suspended

Newton Higher Income

Suspended

Jupiter Income and Jupiter High Income funds - Rating suspended

Suspended

Threadneedle European Smaller Companies - Rating suspended

New Rating

Baronsmead VCT linked offer - New rating

Rating downgraded

Aberforth UK Small Companies - Downgraded

New Rating

Fidelity UK Smaller Companies - New rating

Rating downgraded

Old Mutual UK Select Smaller Companies - Downgraded

New Rating

Liontrust Special Situations - New rating

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JPM Japan fund - Rating suspended

New Rating

TR Property Sigma - New rating

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UBS US Growth - Rating suspended

New Rating

Twentyfour Dynamic Bond - New rating

New Rating

Battle Against Cancer Investment Trust ("BACIT") - New rating

Rating downgraded

Investec Global Free Enterprise - Downgraded

Rating downgraded

Skandia Global Best Ideas - Downgraded

Rating downgraded

Fidelity International - Downgraded

New launch

Jupiter Merlin Conservative Portfolio

New Rating

GCP Infrastructure - New rating

New Rating

Henderson Asia Pacific Capital Growth - New rating

New Rating

Allianz BRIC Stars - New rating

New Rating

Legg Mason UK Equity - New rating

New Rating

Artemis Capital - New rating

New Rating

JPM UK Dynamic - New rating

Rating downgraded

Henderson UK Alpha - Downgraded

New Rating

Neptune US Opportunities - New rating

New Rating

Fidelity American - New rating

New Rating

Fidelity Strategic Bond - New rating

New Rating

Henderson European Focus - New rating

New launch

Artemis Monthly Distribution

New launch

Schroder Managed Monthly High Income

Rating downgraded

Neptune European Opportunities - Downgraded

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M&G Global Leaders - Downgraded

Rating downgraded

M&G American - Downgraded

Rating downgraded

Martin Currie North America - Downgraded

New Rating

UBS US Growth - New rating

Rating downgraded

Invesco Perpetual Tactical and Corporate bond Funds - Downgraded

Rating downgraded

City Merchants High Yield - Downgraded

Rating downgraded

Artemis UK Special Situations - Downgraded

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M&G Recovery - Downgraded

Rating downgraded

Cazenove UK Growth and Income - Downgraded

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AXA Framlington UK Smaller Companies - Rating suspended

New Rating

Threadneedle European Select - New rating

New Rating

Schroder Tokyo - New rating

Rating downgraded

Atlantis Japan - Downgraded

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Martin Currie Japan - Downgraded

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Legal & General US Index - Downgraded

New Rating

Schroder UK Alpha Plus - New rating

New Rating

Fidelity MoneyBuilder Dividend - New rating

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Schroder Income Maximiser - Downgraded

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Fidelity Special Situations and Fidelity Special Values - Downgraded

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M&G Property Portfolio - Downgraded

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SWIP Property Trust - Downgraded

Rating downgraded

Henderson UK Property - Downgraded

New Rating

Schroder Asian Alpha Plus - New rating

New launch

Schroders Strategic Bond Fund

New launch

Fidelity Global High Yield Bond

New launch

Schroders Small Cap Discovery fund

Rating downgraded

Aberdeen Emerging Markets - Downgraded

Rating downgraded

Blackrock UK Absolute Alpha – Downgraded

New Rating

Standard Life European Income - New rating

Rating downgraded

Ignis European Income Fund - Downgraded

New Rating

Threadneedle UK Absolute Alpha - New rating

New launch

Fidelity Global Dividend

New Rating

SWIP Property Trust -Rating unchanged

Suspended

Baring Global Bond - Rating suspended

Rating downgraded

Standard Life UK Equity High Income - Downgraded

New launch

Invesco Perpetual Global Financial Capital Fund

New launch

Standard Life Global Smaller Companies

New launch

Baronsmead VCTs

New launch

Foresight VCT and VCT 2 Infrastructure Shares

Rating downgraded

Cazenove European - Downgraded

New Rating

Pictet Environment Megatrend Selection - New rating

New Rating

Fidelity Strategic Bond - New rating

Fidelity Strategic Bond fund is managed by Ian Spreadbury, Fidelity’s most experienced bond manager, with a track record dating back to 1995. This is his most flexible mandate with the ability to invest across all areas of the fixed income universe.

The fund is designed to be a core fixed income holding, seeking to deliver attractive income, low volatility and low correlation to equities. Over the longer term its objective is to outperform both the IMA corporate bond and strategic bond peer groups, whilst exhibiting similar volatility to a typical corporate bond fund.

The fund has demonstrated a history of achieving these objectives since launch in April 2005. It has an optimal allocation of 20% government bonds, 60% investment grade bonds and 20% high yield bonds - this is not a starting point but more of an average allocation that investors might expect to see across a market cycle, consequently we would consider it as a higher credit quality alternative within its peer group. The fund is awarded a five-star rating.

The Fidelity Strategic Bond fund will now feature on our Premier Selection list of rated funds.

This fund can be held in an Individual Savings Account (ISA), Junior ISA (JISA), Self-invested Personal Pension (SIPP) and an Investment Account. Invest via Select.

The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested.

Bonds issued by major governments and companies will be more stable that those issued by emerging markets or smaller corporate issuers; in the event of an issuer experiencing financial difficulty, there may be a risk to some or all of the capital invested. Please note that historical or current yields should not be considered reliable indicator of future performance.