Fidelity Advantage Australian Equities Fund - Managed Fund (Closed)

The objective of the Fidelity Advantage Australian Equities Fund managed fund is To achieve returns in excess of the benchmark over the medium to long term.

The strategy of the Fidelity Advantage Australian Equities Fund 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 Fidelity Advantage Australian Equities Fund managed fund is AMP6702AU.

Fidelity Advantage Australian Equities Fund’s total return last month was 1.61%. This was made up of a growth return of 1.61% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

Fidelity Advantage Australian Equities Fund’s total return for the last three months was 0.96%. This was made up of a growth return of 0.92% and an income return of 0.04%%. These returns were calculated as at 31 Oct 2020.

Fidelity Advantage Australian Equities Fund’s one-year total return is -6.12%. This was made up of a growth return of -10.2% and an income return of 4.08%. These returns were calculated as at 31 Oct 2020.

Fidelity Advantage Australian Equities Fund’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2020.

The asset allocation of the Fidelity Advantage Australian Equities Fund managed fund is :

The Responsible Entity for the Fidelity Advantage Australian Equities Fund managed fund is AMP Capital Funds Management Ltd.

The Fidelity Advantage Australian Equities Fund managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Nov 2018, the size of the Fidelity Advantage Australian Equities Fund managed fund was $0.07 million.

The Fidelity Advantage Australian Equities Fund managed fund has an inception date of 15 Jan 2018.

The current entry price of the Fidelity Advantage Australian Equities Fund managed fund is $0.98363 per unit and the current exit price is $0.97971 per unit (as at 25 Nov 2020).

The current exit price of the Fidelity Advantage Australian Equities Fund managed fund is $0.97971 per unit and the current entry price is $0.98363 per unit (as at 25 Nov 2020).

The minimum initial investment amount for the Fidelity Advantage Australian Equities Fund managed fund is $500,000. Minimum additional investment is $500.