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Fidelity are making changes to their fund.
As a result of this, Standard Life will be updating our fund name and description in line with the changes. This will take effect from 1 March 2026.
You can see details of the current and new fund names and descriptions in the table below.
We’ll be updating our fund factsheets to reflect the new investment objective. These will be available on standardlife.co.uk/funds once updated.
| Current fund name | New fund name |
|---|---|
| SL Fidelity MoneyBuilder Dividend Life Fund (fund code – 7B) | SL Fidelity UK Equity Income Life Fund (fund code – 7B) |
| Current fund description | New fund description |
|
The SL Fidelity MoneyBuilder Dividend Life Fund invests primarily in the Fidelity Moneybuilder Dividend Fund. The aim of the Fidelity Moneybuilder Dividend Fund is summarised below. The Fund aims to increase value of your investment over a period of 5 years or more and deliver an income that is at least 10% more than the income produced by companies in the FTSE All Share Index. The Fund will invest at least 70% in equities (and their related securities) of UK companies (those domiciled, incorporated or having significant business in UK and those which are listed in the UK). The Investment Manager is not restricted in terms of size or industry. The Fund is actively managed without reference to a benchmark. The Fund may also invest in other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management. The Fund's performance can be compared to the FTSE All Share (Gross Total Return) Index as the index constituents are representative of the type of companies the Fund invests in. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK Investment Managers), to facilitate comparison between funds with broadly similar characteristics. This Fund is classified in the IA UK Equity Income sector. Performance data on funds within this sector may be prepared and published by data providers and will be used when evaluating the performance of this Fund. The IA sector most closely reflects the combination of assets in the Fund. The value of any investment can fall as well as rise and is not guaranteed - you may get back less than you pay in. |
The SL Fidelity UK Equity Income Life Fund invests primarily in the Fidelity UK Equity Income Fund. The aim of the Fidelity UK Equity Income Fund is summarised below. The Fund aims to increase value of investor's investment over a period of 5 years or more and deliver an income that is at least 10% more than the income produced by companies in the FTSE All Share Index. The Fund will invest at least 70% in equities (and their related securities) of UK companies (those domiciled, incorporated or having significant business in UK and those which are listed in the UK), and aims to hold a concentrated portfolio of 35-65 securities. The Investment Manager is not restricted in terms of size or industry. The Fund is actively managed and not constrained by a benchmark. The Fund may also invest in other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management. The value of any investment can fall as well as rise and is not guaranteed - you may get back less than was paid in. |