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Unit Price/Fund Details
Fund name Fidelity Life Options Portfolio.
Permitted investments Fixed interest instruments with a duration of less than one year and derivatives options on government stock may be issued for up to 10 times the value of the fund with a margin of at least 15 basis points (0.15%) for a period of about one month.
Risk Profile The Options Portfolio is leveraged through the use of put and call options. Due to this leverage, a relatively small movement in the market price of the underlying instrument may result in a disproportionately large profit or loss to the Portfolio. The Options Portfolio has a high risk profile and is subject to significant volatility. The Options Portfolio uses leverege and derivatives (options contracts) that could enhance any returns or generate substantial losses. The major risk is a sudden unexpected change in sovereign bond yields. During August 2011, the unit price of the Options Portfolio dropped 28% over a one-week period.
Objectives To aim to earn a gross return of at least 13% pa measured over a 5-year period.

Benchmarks:

Return of 13.5% gross
4% over floating mortgage rates.
Recommended term At least 5 years.
Unit price $3.7561
As at 11 Jun 2013
Performance As at 31 May 2013
Past Performance is not necessarily an indicator of future performance. Returns assume funds invested at the beginning of the period, with no subsequent contributions or withdrawls. The returns shown are net of investment management fees, fund management fees, performance fees paid to external fund managers (if applicable), expenses and tax. The returns shown do not allow for charges for administration to individual accounts (initial charges, service fees, withdrawl charges, switching fees or withdrawl fees).
1 mth 3 mth 6 mth 1 yr 3 yr 5 yr
-1.27% 0.80% 2.65% 10.91% 5.20% 4.99%
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While Fidelity Life Assurance Company Limited (“Fidelity Life”) believes the information contained within this Website is accurate at the time of compilation, neither Fidelity Life nor any company or person associated with this Website takes any responsibility for any incorrect or outdated information contained herein. In preparing this Website, the author has not taken any individual investor’s personal circumstances into account and this Website should not be relied upon as the basis for an investment decision. The information provided in this Website is general in nature and is not a substitute for financial or other professional advice. Fidelity Life recommends that you consult your financial adviser before making any investment decisions. An Investment Statement is available free of charge from your financial adviser or from Fidelity Life.