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  5. Fidelity America Fund - Managed fund profile

Fidelity America Fund - Managed Fund (Closed)

Fund Objective
To achieve returns in excess of the S&P500 Index over the suggested investment time period of 5 years.
Fund Strategy
The Fund invests in 100% American shares, but may hold up to 10% in liquid assets.

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 -4.82% -15.25% -23.4% -25.45% -21.09% -14.78% -% -%
Growth return -4.82% -15.25% -26.05% -28.28% -22.69% -16.4% -% -%
Income return 0% 0% 2.65% 2.83% 1.6% 1.62% -% -%
Market index (MSCI USA NR AUD)
Total return 0.27% 7.73% 3.69% 20.26% 20.53% 21% 16.77% 14.88%
As at 30 Apr 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity America Fund
International Equities
88.39%
Cash
11.61%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.83%
Cash
0.85%
Property & Infrastructure
0.57%
Alternatives
5.76%

General Information

Fund Details
Type Description
Fidelity America Fund (Wholesale)
Closed
Fidelity Investments Australia Limited
FID0009AU
Equity North America
Not Rated
Investment Fund
30 Sep 2005
$4.53 million (as at 30 Apr 2009)
$5.7182 (as at 22 May 2009)
$5.6954 (as at 22 May 2009)
Finalised
Offer information
Type Description
MER 1.15% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR) 1.15% (as at 30 Jun 2008)
Minimum initial investment $500,000

Top 10 holdings (as at 31 Mar 2009)

Holding (as at 31 Mar 2009) Type % of Portfolio
ExxonMobil Corporation Stock 9.49%
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FAQs about the Fidelity America Fund

The objective of the Fidelity America Fund managed fund is To achieve returns in excess of the S&P500 Index over the suggested investment time period of 5 years.

The strategy of the Fidelity America Fund managed fund is The Fund invests in 100% American shares, but may hold up to 10% in liquid assets.

The APIR code of the Fidelity America Fund managed fund is FID0009AU.

Fidelity America Fund’s total return last month was -4.82%. This was made up of a growth return of -4.82% and an income return of 0%. These returns were calculated as at 30 Apr 2009.

Fidelity America Fund’s total return for the last three months was -15.25%. This was made up of a growth return of -15.25% and an income return of 0%%. These returns were calculated as at 30 Apr 2009.

Fidelity America Fund’s one-year total return is -25.45%. This was made up of a growth return of -28.28% and an income return of 2.83%. These returns were calculated as at 30 Apr 2009.

Fidelity America Fund’s one-year total return is -14.78%. This was made up of a growth return of -16.4% and an income return of 1.62%. These returns were calculated as at 30 Apr 2009.

The asset allocation of the Fidelity America Fund managed fund is :

International Equities
88.39%
Cash
11.61%
Property & Infrastructure
0%
Alternatives
0%

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

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

As at 30 Apr 2009, the size of the Fidelity America Fund managed fund was $4.53 million.

The Fidelity America Fund managed fund has an inception date of 30 Sep 2005.

The current entry price of the Fidelity America Fund managed fund is $5.7182 per unit and the current exit price is $5.6954 per unit (as at 22 May 2009).

The current exit price of the Fidelity America Fund managed fund is $5.6954 per unit and the current entry price is $5.7182 per unit (as at 22 May 2009).

The minimum initial investment amount for the Fidelity America Fund managed fund is $500,000.

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.