InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Fidelity Australian Equity Income Fund - Managed fund profile

Fidelity Australian Equity Income Fund - Managed Fund (Closed)

Fund Objective
Maximise total return from a combination of growth and income, also maximise tax efficiency as a result of dividend imputation.
Fund Strategy
An income driven approach selecting higher than average yielding securities with a defensive view.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 6.54% 5.44% 11.24% 32.28% 6.7% 6.04% -% -%
Growth return 6.54% 5.44% 9.12% 26.01% 0.5% -0.33% -% -%
Income return 0% 0% 2.12% 6.27% 6.2% 6.37% -% -%
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 Oct 1991. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Australian Equities
91.52%
International Equities
4.01%
Cash
0.83%
Property
3.24%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Fidelity Australian Equity Income Fund
Closed
Fidelity Securities Limited
Equity Australia Other
Not Rated
Investment Fund
14 Apr 1987
$3.29 million (as at 7 Nov 1991)
$0.425 (as at 14 Nov 1991)
$0.399 (as at 14 Nov 1991)
Finalised
Offer information
Type Description
Minimum initial investment $2,000.00

FAQs about the Fidelity Australian Equity Income Fund

The objective of the Fidelity Australian Equity Income Fund managed fund is Maximise total return from a combination of growth and income, also maximise tax efficiency as a result of dividend imputation.

The strategy of the Fidelity Australian Equity Income Fund managed fund is An income driven approach selecting higher than average yielding securities with a defensive view.

The APIR code of the Fidelity Australian Equity Income Fund managed fund is .

Fidelity Australian Equity Income Fund’s total return last month was 6.54%. This was made up of a growth return of 6.54% and an income return of 0%. These returns were calculated as at 31 Oct 1991.

Fidelity Australian Equity Income Fund’s total return for the last three months was 5.44%. This was made up of a growth return of 5.44% and an income return of 0%%. These returns were calculated as at 31 Oct 1991.

Fidelity Australian Equity Income Fund’s one-year total return is 32.28%. This was made up of a growth return of 26.01% and an income return of 6.27%. These returns were calculated as at 31 Oct 1991.

Fidelity Australian Equity Income Fund’s one-year total return is 6.04%. This was made up of a growth return of -0.33% and an income return of 6.37%. These returns were calculated as at 31 Oct 1991.

The asset allocation of the Fidelity Australian Equity Income Fund managed fund is :

Australian Equities
100%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Fidelity Australian Equity Income Fund managed fund is Fidelity Securities Limited.

The Fidelity Australian Equity Income Fund managed fund belongs to the Equity Australia Other sector/asset class.

As at 7 Nov 1991, the size of the Fidelity Australian Equity Income Fund managed fund was $3.29 million.

The Fidelity Australian Equity Income Fund managed fund has an inception date of 14 Apr 1987.

The current entry price of the Fidelity Australian Equity Income Fund managed fund is $0.425 per unit and the current exit price is $0.399 per unit (as at 14 Nov 1991).

The current exit price of the Fidelity Australian Equity Income Fund managed fund is $0.399 per unit and the current entry price is $0.425 per unit (as at 14 Nov 1991).

The minimum initial investment amount for the Fidelity Australian Equity Income Fund managed fund is $2,000.

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.