CalculatorChevron downCloseLoginMenu

How to read a Fund Factsheet

A Fund factsheet is a downloadable document provided by the fund manager that gives you an overview of the fund.

It provides information such as the fund’s investment objective, its top 10 holdings and how it has performed in the past. This can help you decide whether the fund matches your objectives. You'll find the Fund factsheet next to each fund in the fund selection table. You should also look at the Key Investor Information Document (KIID) which covers the essential features of the fund.

Below you'll see an example Fund factsheet which includes explanations of what to look out for in each section. Remember that although not all Fund factsheets look exactly the same they will all include most of the information we've highlighted below.

We can also help you get to grips with the basics of funds.

A.N. Example Fund

About the fund

This section tells you the name of the fund, plus the date at which the information was published. It's usually updated on a quarterly basis, so it's important to check the date to make sure it's the most recent information.

Investment objective and policy

This section gives you a quick summary of the fund's main aims and objectives.

Here you'll find important information, such as:

  • Whether the fund is focused on income, growth or a combination of both
  • What sorts of industries the fund invests in (e.g. automotive, pharmaceutical)
  • What countries and regions the fund invests in (e.g. China, Asia)

Fund facts

This section gives you some key facts about the fund, including:

  • Date of launch: (inception)
  • Fund size: The total value of the fund (£m)
  • Fund price: The price of buying a unit in the fund

Top 10 holdings (%)

Holding%
Vodafone19.2
Barclays14.7
ASOS11.3
DS Smith9.6
Standard Chartered8.2
BG Group7.3
Whitbread4.6
Howden3.5
Fenner2.5
BT1.2

Usually shown as a table, this section tells you the top 10 companies or funds the fund manager has chosen to invest the fund's money in, and the percentage of the fund's value held in each company.

Some funds invest in long-established blue chip businesses, while others concentrate on fast growth start-ups or new entrants in the market. This will depend on what the fund manager is hoping to achieve.

Investment information

This section explains any costs of investing in the fund, including:

  • Initial charge: Paid every time you make an investment in the fund (%)
  • Annual management charge: An annual charge payable to the fund manager to invest in the fund
  • OCF: This is the Ongoing Charges Figure which includes the annual management charge plus any expenses from the day to day running of the fund.

Asset allocation

Usually shown as a pie or bar chart, this section gives you a breakdown of the asset classes that the fund invests in.

Past performance

Percentage growth

The percentage growth table shows how the fund has performed year on year over the past 5 years.

This can help you see how it has performed in different economic conditions and how it has changed year-on-year. Remember that past performance is not an indication of future performance.

Cumulative performance

This table shows the overall performance of the fund over 5 time periods against a benchmark such as the sector or a market index.

This will help you understand how your fund is performing in relation to other similar funds or the market as a whole and will give you an idea of whether the fund is over or under-performing compared to the sector average.

Important information

This outlines the risks to be considered before investing in a fund and will highlight key warnings such as how the value of investments can go down as well as up and you could get back less than you invest.