SKANDIA GLOBAL FUNDS PLC - Fidelity Investments
SKANDIA GLOBAL FUNDS PLC - Fidelity Investments
SKANDIA GLOBAL FUNDS PLC - Fidelity Investments
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Skandia Global Funds plc<br />
Interim Report and Unaudited Financial Statements for the period ended 30 June 2012<br />
GENERAL INFORMATION<br />
Structure<br />
Skandia Global Funds plc (the “Company”) is an umbrella fund with segregated liability between funds established as an open-ended<br />
investment company with variable capital organised under the laws of Ireland as a public limited company pursuant to the Companies<br />
Acts, 1963 to 2012 and the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations,<br />
2011 (the “Regulations”) and has been authorised by the Central Bank of Ireland as a UCITS. Its share capital is divided into a<br />
number of classes each representing interests in a fund and each fund (a “Fund”) may comprise various classes of shares. The<br />
subscriber shares do not entitle the holders to participate in the assets of any Fund.<br />
Investment Objectives of the Funds<br />
Skandia Global Equity Fund<br />
The objective of the Skandia Global Equity Fund is to seek to achieve asset growth through investment in a well-diversified portfolio<br />
of securities of issuers worldwide.<br />
Skandia US Large Cap Growth Fund<br />
The objective of the Skandia US Large Cap Growth Fund is to seek to achieve asset growth and future income through investment in<br />
a well-diversified portfolio of equity securities of issuers in the US or of issuers established outside of the US which have a significant<br />
proportion of their assets or business operations in the US.<br />
Skandia US Capital Growth Fund<br />
The objective of the Skandia US Capital Growth Fund is to seek to achieve asset growth through investment in a well-diversified<br />
portfolio of securities of US issuers whom the Investment Adviser believes have earnings growth potential.<br />
Skandia US All Cap Value Fund<br />
The objective of the Skandia US All Cap Value Fund is to seek to achieve asset growth through investment in a well-diversified<br />
portfolio of equity and equity-related securities of issuers in the US of all sizes of market capitalisation which appear to be under<br />
priced relative to their private market value.<br />
Skandia US Value Fund<br />
The objective of the Skandia US Value Fund is to seek to achieve a total return through investment in a well-diversified portfolio of<br />
equity and equity-related securities of issuers in the US, emphasising large companies which appear undervalued relative to their<br />
market value.<br />
Skandia European Equity Fund<br />
The objective of the Skandia European Equity Fund is to seek to achieve asset growth through investment in a well-diversified<br />
portfolio of securities of European issuers or of issuers established outside Europe which have a predominant proportion of their<br />
assets or business operations in Europe.<br />
Skandia European Opportunities Fund<br />
The objective of the Skandia European Opportunities Fund is to seek to achieve asset growth through investment in a well-diversified<br />
portfolio of equity and equity-related securities of issuers in Europe or of issuers established outside Europe which have a<br />
predominant proportion of their assets and/or business operations in Europe. The investments will be diversified across countries and<br />
industry groups and the Fund will invest in at least three European countries.<br />
Skandia Swedish Equity Fund<br />
The objective of the Skandia Swedish Equity Fund is to seek to achieve asset growth through investment in a well-diversified<br />
portfolio of equity securities of Swedish issuers or of issuers established outside Sweden which have a significant proportion of their<br />
assets or business operations in Sweden.<br />
Skandia Swedish Growth Fund<br />
The objective of the Skandia Swedish Growth Fund is to seek to achieve asset growth through investment in a well-diversified<br />
portfolio of equity and equity-related securities of Swedish issuers or of issuers established outside Sweden which have a predominant<br />
proportion of their assets and/or business operations in Sweden.<br />
Skandia Japanese Equity Fund<br />
The objective of the Skandia Japanese Equity Fund is to seek to achieve asset growth through investment in a well-diversified<br />
portfolio of securities of Japanese issuers or of issuers established outside Japan which have a predominant proportion of their assets<br />
or business operations in Japan.<br />
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