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  5. BT Wrap Essentials - Fidelity Australian Equities - Managed fund profile

BT Wrap Essentials - Fidelity Australian Equities - Managed Fund

Fund Objective
To achieve returns in excess of the benchmark over the medium to long term.
Fund Strategy
The Fidelity Australian Equities option provides investors with the potential for long-term capital growth and some income by investing in a diversified portfolio of listed Australian shares. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.08% 4.03% 10.8% 9.31% 3.54% 8.09% 8.2% 7.33%
Growth return 2.43% 3.38% 8.73% -2.62% -19.06% -12.66% -9.57% -5.03%
Income return 0.65% 0.65% 2.07% 11.93% 22.6% 20.75% 17.77% 12.36%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Wrap Essentials - Fidelity Australian Equities
Australian Equities
97.99%
Cash
2.01%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.54%
Cash
0.84%
International Equities
4.01%
Property
3.21%
Fixed Interest
0.35%
Alternatives
0.05%

General Information

Fund Details
Type Description
BT Wrap Essentials - Fidelity Australian Equities
Westpac Financial Services Limited
WFS0409AU
Equity Australia Large Blend
starstarstar (as at 31 Mar 2024)
Investment Fund
2 Jun 2008
$29.6 million (as at 29 Feb 2024)
$0.7084 (as at 16 Apr 2024)
$0.7062 (as at 16 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Commonwealth Bank of Australia Equity 10.99%
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FAQs about the BT Wrap Essentials - Fidelity Australian Equities

The objective of the BT Wrap Essentials - Fidelity Australian Equities managed fund is To achieve returns in excess of the benchmark over the medium to long term.

The strategy of the BT Wrap Essentials - Fidelity Australian Equities managed fund is The Fidelity Australian Equities option provides investors with the potential for long-term capital growth and some income by investing in a diversified portfolio of listed Australian shares. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.

The APIR code of the BT Wrap Essentials - Fidelity Australian Equities managed fund is WFS0409AU.

BT Wrap Essentials - Fidelity Australian Equities’s total return last month was 3.08%. This was made up of a growth return of 2.43% and an income return of 0.65%. These returns were calculated as at 31 Mar 2024.

BT Wrap Essentials - Fidelity Australian Equities’s total return for the last three months was 4.03%. This was made up of a growth return of 3.38% and an income return of 0.65%%. These returns were calculated as at 31 Mar 2024.

BT Wrap Essentials - Fidelity Australian Equities’s one-year total return is 9.31%. This was made up of a growth return of -2.62% and an income return of 11.93%. These returns were calculated as at 31 Mar 2024.

BT Wrap Essentials - Fidelity Australian Equities’s one-year total return is 8.09%. This was made up of a growth return of -12.66% and an income return of 20.75%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the BT Wrap Essentials - Fidelity Australian Equities managed fund is :

Australian Equities
97.99%
Cash
2.01%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the BT Wrap Essentials - Fidelity Australian Equities managed fund is Westpac Financial Services Limited.

The BT Wrap Essentials - Fidelity Australian Equities managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 29 Feb 2024, the size of the BT Wrap Essentials - Fidelity Australian Equities managed fund was $29.6 million.

The BT Wrap Essentials - Fidelity Australian Equities managed fund has an inception date of 2 Jun 2008.

The current entry price of the BT Wrap Essentials - Fidelity Australian Equities managed fund is $0.7084 per unit and the current exit price is $0.7062 per unit (as at 16 Apr 2024).

The current exit price of the BT Wrap Essentials - Fidelity Australian Equities managed fund is $0.7062 per unit and the current entry price is $0.7084 per unit (as at 16 Apr 2024).

The minimum initial investment amount for the BT Wrap Essentials - Fidelity Australian Equities managed fund is $0. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.