Alex Wright has 13 years of investment experience. He joined Fidelity in 2001 as a European equity research analyst, successively covering building materials, alcoholic beverages, leisure, emerging European and African banks and UK small-cap stocks. He became portfolio manager of the Fidelity UK Smaller Companies Fund in 2008. He continues to manage this fund alongside the Fidelity Special Situations Fund and the Fidelity Special Values PLC, which he started managing in 2012.
Name
Jonathan Winton
Since
03 February 2020
Bio
Jonathan joined Fidelity as a research analyst in 2005. Over eight years in the pan European team, he covered such diverse sectors as support services, small cap technology, beverages and tobacco. He was promoted to the role of co- portfolio manager of the Fidelity UK Smaller Companies Fund in February 2013. Jonathan holds a BA (Hons) degree in Politics from the University of Nottingham.
Fund objective
Objective: The fund aims to increase the value of your investment over a period of 5 years or more. Investment Policy: 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. The fund may also use derivatives with the aim of achieving the investment objective. Investment Process: The fund is managed without reference to a benchmark and has full discretion in its choices of investments within its objectives and policies. Derivatives and Techniques: 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. Additional information: 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. The fund's performance can be compared to the FTSE All Share (Gross total return) Index.