Fidelity Australian Equities - Managed Fund

Fund Performance Comparison

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Fees Comparison

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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 3.63 10.92 5.28 15.15 12.41 9.4 10.92 8.23
Growth return 2.62 9.85 3.73 11.93 9.28 6.22 7.64 4.84
Income return 1.01 1.07 1.55 3.22 3.13 3.18 3.28 3.39
Market index (S&P/ASX 200 TR AUD)
Total return 3.27 8.47 4.29 13.01 13.55 9.04 9.98 6.4
As as 30 Jun 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Australian Equities
97.57%
Cash
2.43%

General Information

Fund Details
Type Description
Fidelity Australian Equities
FIL Responsible Entity (Australia) Ltd
FID0008AU
Equity Australia Large Blend
starstarstarstarstar (as at 30 Jun 2018)
Investment Fund
30 Jun 2003
$5970.73 million (as at 30 Jun 2018)
$33.8492 (as at 18 Jul 2018)
$33.714 (as at 18 Jul 2018)
Fund Objective
To achieve a return (before fees, costs and taxes) that exceeds the S&P/ASX 200 Accumulation Index over a period of five to seven years.
Fund Strategy
The Fund invests in a diversified selection of around 30 to 50 Australian companies. 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. Based on this research approach, Fidelity seeks out stocks that it believes are undervalued and likely to generate growth.
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.85% (as at 30 Jun 2017)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000

Top 10 holdings (as at 30 Jun 2018)

Holding (as at 30 Jun 2018) Type % of Portfolio
Commonwealth Bank of Australia Equity 8.73%
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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 cannot 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.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
Intelligent Investor Equity Income 12.36%
InvestSMART International Equities 11.46%
Intelligent Investor Equity Growth 11.28%
InvestSMART Australian Small Companies Fund 10.65%
InvestSMART Core Growth 7.81%
InvestSMART Diversified Property and Infrastructure 5.31%
InvestSMART Diversified Income 4.50%
InvestSMART Hybrid Income 3.81%
InvestSMART Interest Income 2.13%

* Returns p.a. since inception after investment & admin fees

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