Investing for longer increases the likelihood of positive returns. Over a period of 5 years or more, investments usually give you a higher return compared to cash savings. But investments can go down as well as up in value. So you could get back less than you put in.
Fund Objective:
The Fund is a fund in the MyMap series. The number allocated does not directly relate to the Fund’s level of risk or return. It is used to differentiate the Fund fromother MyMap branded funds. The aim of the Fund is to provide, over five-year periods, a return on your investment (generated through an increase in the value of the assets held by the Fund and/orincome received from those assets) through an actively managed portfolio, whilst maintaining a risk profile (i.e. an evaluation of the risks (e.g. risk of losses) associatedwith the portfolio) for the Fund’s portfolio of 8-11%. The Fund also aims to invest in a manner consistent with the principles of environmental, social and governance(ESG) investing. The risk profile of the Fund’s portfolio, for this purpose, is measured as the volatility (i.e. the degree of fluctuation) of its returns converted into anannual rate, over a five-year period. There is no guarantee the Fund’s investment objective will be achieved. The Fund’s risk profile may fall outside the stated range, especially during periods of unusuallyhigh or low volatility in the equity and fixed income markets. The Fund’s potential gains are likely to be constrained by the aim of staying within its risk profile. Itscapital is at risk, meaning that it could suffer a decrease in value and the value of your investment could decrease. The Fund seeks to achieve its investment exposure by investing more than 80% of its assets in units of other funds or investment products, including exchange tradedproducts and index funds which may be Associated Funds as explained in the Fund’s prospectus. A substantial amount, or even all of the Fund’s assets, may be held inunits of other funds. The Fund seeks, via such funds, exposure to various asset classes globally including equity securities (e.g. shares) and fixed income securities (e.g. corporate bondsand government bonds) and, up to 15% of its assets, in alternative asset classes (such as real estate and commodities (e.g. precious metals)). It may also invest,directly or indirectly, in cash and near cash instruments (e.g. debt securities with short term maturities). The Fund seeks to stay within its stated risk profile by varyingits asset mix in different market conditions. Given the higher risk profile of the Fund, under normal market conditions it seeks a greater exposure to equity securities (which are generally considered to be morerisky compared to fixed income securities). At least 80% of the assets the Fund invests in government bond funds must be invested in funds that track benchmark indices that primarily comprise governmentbond issuers with an ESG sovereign rating of BB or higher (as defined by MSCI or another data vendor). At least 80% of the assets the Fund invests in funds other thangovernment bond funds must be invested in funds which track benchmark indices that apply ESG related exclusionary criteria or funds that otherwise apply ESGrelated criteria. The Fund’s investment manager (IM) will consider these ESG related criteria at the time of investment. Where securities no longer meet suchrequirements, the Fund may continue to hold them, other than as an ESG related investment or until it is practicable to sell them. The IM expects to achieve, in respect only of the corporate issuers in which the Fund invests, a carbon emission intensity score for the Fund of 30% less than aportfolio that holds an equivalent weighting of equity securities and fixed income securities but does not apply any ESG criteria (such portfolio represented by acomposite index of MSCI ACWI Index and Bloomberg Multiverse Index (the Index)), and an absolute reduction of such score over five year periods. Securities issued bynon-corporate issuers, such as government bonds, are not included and may represent a material portion of the Fund’s portfolio. The Fund may also invest directly in financial derivative instruments (i.e. investments the prices of which are based on one or more underlying assets) for investmentpurposes and for efficient portfolio management purposes. The Fund is actively managed without reference to a benchmark, meaning the IM has absolute discretion to select the Fund’s investments and is not constrained byany target, comparator or performance benchmark. The Fund’s carbon emission intensity score is measured against the Index. Recommendation: This Fund may not be appropriate for short-term investment.
Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged.
0.00%
Ongoing Charges:
The fund manager
The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year.
0.17%
Performance Fee:
The fund manager
A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions.
0%
Typical transaction cost:
The fund manager
The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading.
ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.
This product uses terms and/or marketing related to sustainability. It does not have a label, but the manager is required to produce a disclosures document.
The FCA website sets out further information in relation to the sustainability labelling and disclosure requirements.
Find out more about responsible investing with Halifax including ESG (Environmental, Social and Governance).
The FCA website sets out further information in relation to the sustainability labelling and disclosure requirements.
Find out more about responsible investing with Halifax including ESG (Environmental, Social and Governance).
Important information
Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.
The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.