Value Assessment Report

This new report has been produced in response to the Financial Conduct Authority’s Asset Management Market Study: an initiative that aims to increase transparency, competition, and value across the asset management industry.

2019 Value Assessment Report

The report covers our full UK fund range and seeks to provide an in-depth assessment of the value provided by each of the funds and share classes in our range, according to seven criteria set by our regulator, the Financial Conduct Authority (FCA). We hope the report will help customers better understand and assess the value our funds offer, enabling you to make better informed investment decisions with greater confidence. Our brand promise is “Your success. Our priority” – these four words are at the heart of all we do.

We believe we have set a rigorous standard in assessing our funds and are pleased this Value Assessment Report concludes that, overall, our funds provide good value. It also, however, highlights areas where we can do better, and we have identified remedies and are taking action to improve value for customers going forward.

As this is our first annual Value Assessment Report we welcome your feedback. Please send any feedback or suggestions to: [email protected]