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  5. Fidelity Advantage America Trust - Managed fund profile

Fidelity Advantage America Trust - Managed Fund (Closed)

Fund Objective
To achieve consistent, high returns in excess of the Standard & Poors 500 Index through active stock selection while maintaining portfolio characteristics similar to the market.
Fund Strategy
The Trust is managed using Fidelity's Select Equity Discipline. The discipline's risk control features ensures that the portfolio maintains similar characteristics and risk to those of the S&P 500 Index. The Manager has appointed Fidelity International Limited as the investment manager.

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 -10.82% -18.77% -38.01% -34.48% -29.7% -11.48% 0.94% -%
Growth return -10.82% -18.77% -38.01% -34.48% -34.25% -17.46% -21.69% -%
Income return 0% 0% 0% 0% 4.55% 5.98% 22.63% -%
Market index (MSCI USA NR AUD)
Total return 2.95% 15.36% 22% 33.11% 16.59% 16.15% -% 16.28%
As at 30 Sep 2002. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity Advantage America Trust
International Equities
99.37%
Cash
0.63%
Australian Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
International Equities
70.25%
Cash
1.81%
Australian Equities
22.89%
Property
0.70%
Alternatives
4.35%

General Information

Fund Details
Type Description
Fidelity Advantage America Trust
Closed
Fidelity Investments Australia Limited
FID0002AU
Equity North America
Not Rated
Investment Fund
1 Jan 1996
$18.15 million (as at 30 Sep 2002)
$3.69 (as at 27 Feb 2003)
$3.69 (as at 27 Feb 2003)
Finalised
Offer information
Type Description

FAQs about the Fidelity Advantage America Trust

The objective of the Fidelity Advantage America Trust managed fund is To achieve consistent, high returns in excess of the Standard & Poors 500 Index through active stock selection while maintaining portfolio characteristics similar to the market.

The strategy of the Fidelity Advantage America Trust managed fund is The Trust is managed using Fidelity's Select Equity Discipline. The discipline's risk control features ensures that the portfolio maintains similar characteristics and risk to those of the S&P 500 Index. The Manager has appointed Fidelity International Limited as the investment manager.

The APIR code of the Fidelity Advantage America Trust managed fund is FID0002AU.

Fidelity Advantage America Trust’s total return last month was -10.82%. This was made up of a growth return of -10.82% and an income return of 0%. These returns were calculated as at 30 Sep 2002.

Fidelity Advantage America Trust’s total return for the last three months was -18.77%. This was made up of a growth return of -18.77% and an income return of 0%%. These returns were calculated as at 30 Sep 2002.

Fidelity Advantage America Trust’s one-year total return is -34.48%. This was made up of a growth return of -34.48% and an income return of 0%. These returns were calculated as at 30 Sep 2002.

Fidelity Advantage America Trust’s one-year total return is -11.48%. This was made up of a growth return of -17.46% and an income return of 5.98%. These returns were calculated as at 30 Sep 2002.

The asset allocation of the Fidelity Advantage America Trust managed fund is :

International Equities
99.37%
Cash
0.63%
Australian Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Fidelity Advantage America Trust managed fund is Fidelity Investments Australia Limited.

The Fidelity Advantage America Trust managed fund belongs to the Equity North America sector/asset class.

As at 30 Sep 2002, the size of the Fidelity Advantage America Trust managed fund was $18.15 million.

The Fidelity Advantage America Trust managed fund has an inception date of 1 Jan 1996.

The current entry price of the Fidelity Advantage America Trust managed fund is $3.69 per unit and the current exit price is $3.69 per unit (as at 27 Feb 2003).

The current exit price of the Fidelity Advantage America Trust managed fund is $3.69 per unit and the current entry price is $3.69 per unit (as at 27 Feb 2003).

The minimum initial investment amount for the Fidelity Advantage America Trust managed fund is $.

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.