Fidelity FIRST Global Fund - Managed Fund (Closed)

Fund Objective

The Fund aims to achieve returns in excess of the MSCI All Country World Index NR over the suggested minimum investment time period of five to seven years.

Fund Strategy

The FIRST investment strategy is designed to capture the highest conviction ideas identified by Fidelity's global team of research analysts, which are appropriate given the Fund's investment guidelines.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	3.76%	-3.36%	-3.58%	10.39%	9.29%	9.14%	-%	-%
Growth return	3.76%	-3.36%	-3.58%	6.3%	4.75%	5.99%	-%	-%
Income return	0%	0%	0%	4.09%	4.54%	3.15%	-%	-%
Market index (MSCI World Ex Australia NR AUD)
Total return	0.92%	6.62%	5.1%	20.06%	19.45%	20.5%	15.74%	12.6%

As at 31 May 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity FIRST Global Fund

Australian Equities: 2.24%

International Equities: 94.85%

Cash: 2.91%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 1.45%

International Equities: 95.48%

Cash: 1.77%

Property & Infrastructure: 1.15%

Fixed Interest: 0%

Alternatives: 0.14%

General Information

Fund Details

Type	Description
Fund Name	Fidelity FIRST Global Fund
Fund Status	Closed
Responsible Entity	FIL Responsible Entity (Australia) Ltd
APIR Code	FID4852AU
Sector/Asset Class	Equity World Large Blend
Morningstar Rating	(as at 31 May 2020)
Legal Structure	Investment Fund
Fund Inception	26 Apr 2017
Fund Size	$3.28 million (as at 31 May 2020)
Entry Price	$12.1769 (as at 29 May 2020)
Exit Price	$12.104 (as at 29 May 2020)
Fund Status	Finalised

Offer information

Type	Description
MER	1.15% (as at 30 Jun 2019)
Indirect Cost Ratio (ICR)	1.15% (as at 30 Jun 2019)
Performance fee (not included in ICR)	0
Minimum initial investment	$25,000
Minimum additional investments	$1.00

Top 10 holdings (as at 30 Apr 2020)

Holding (as at 30 Apr 2020)	Type	% of Portfolio
Microsoft Corp	Equity	3.14%
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FAQs about the Fidelity FIRST Global Fund

What is the objective of the Fidelity FIRST Global Fund managed fund?

The objective of the Fidelity FIRST Global Fund managed fund is The Fund aims to achieve returns in excess of the MSCI All Country World Index NR over the suggested minimum investment time period of five to seven years.

What is the strategy for the Fidelity FIRST Global Fund managed fund?

The strategy of the Fidelity FIRST Global Fund managed fund is The FIRST investment strategy is designed to capture the highest conviction ideas identified by Fidelity's global team of research analysts, which are appropriate given the Fund's investment guidelines.

What is the APIR code of the Fidelity FIRST Global Fund managed fund?

The APIR code of the Fidelity FIRST Global Fund managed fund is FID4852AU.

What was Fidelity FIRST Global Fund’s total return last month?

Fidelity FIRST Global Fund’s total return last month was 3.76%. This was made up of a growth return of 3.76% and an income return of 0%. These returns were calculated as at 31 May 2020.

What was Fidelity FIRST Global Fund’s total return for the last three months?

Fidelity FIRST Global Fund’s total return for the last three months was -3.36%. This was made up of a growth return of -3.36% and an income return of 0%%. These returns were calculated as at 31 May 2020.

What is Fidelity FIRST Global Fund’s one-year total return?

Fidelity FIRST Global Fund’s one-year total return is 10.39%. This was made up of a growth return of 6.3% and an income return of 4.09%. These returns were calculated as at 31 May 2020.

What is Fidelity FIRST Global Fund’s three-year total return?

Fidelity FIRST Global Fund’s one-year total return is 9.14%. This was made up of a growth return of 5.99% and an income return of 3.15%. These returns were calculated as at 31 May 2020.

What is the asset allocation of the Fidelity FIRST Global Fund managed fund?

The asset allocation of the Fidelity FIRST Global Fund managed fund is :

Australian Equities: 2.24%

International Equities: 94.85%

Cash: 2.91%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Fidelity FIRST Global Fund managed fund?

The Responsible Entity for the Fidelity FIRST Global Fund managed fund is FIL Responsible Entity (Australia) Ltd.

What sector/asset class does the Fidelity FIRST Global Fund managed fund belong to?

The Fidelity FIRST Global Fund managed fund belongs to the Equity World Large Blend sector/asset class.

What is the size of the Fidelity FIRST Global Fund managed fund?

As at 31 May 2020, the size of the Fidelity FIRST Global Fund managed fund was $3.28 million.

What is the inception date of the Fidelity FIRST Global Fund managed fund?

The Fidelity FIRST Global Fund managed fund has an inception date of 26 Apr 2017.

What is the current entry price of the Fidelity FIRST Global Fund managed fund?

The current entry price of the Fidelity FIRST Global Fund managed fund is $12.1769 per unit and the current exit price is $12.104 per unit (as at 29 May 2020).

What is the current exit price of the Fidelity FIRST Global Fund managed fund?

The current exit price of the Fidelity FIRST Global Fund managed fund is $12.104 per unit and the current entry price is $12.1769 per unit (as at 29 May 2020).

What is the minimum investment amount for the Fidelity FIRST Global Fund managed fund?

The minimum initial investment amount for the Fidelity FIRST Global Fund managed fund is $25,000. Minimum additional investment is $1.

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.

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