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Fidelity Global Equities - Managed Fund

Fund Objective
To achieve returns in excess of the benchmark over the medium to long term.
Fund Strategy
The Fidelity Global Equities Fund provides investors with the potential for long-term capital growth by investing in a diversified portfolio of global 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.

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 2.38% 12.45% 18.73% 26.32% 15.08% 10.59% 13.65% 13.49%
Growth return 2.38% 12.45% 18.73% 25.81% 14.62% 10.29% 13.24% 12.93%
Income return 0% 0% 0% 0.51% 0.46% 0.3% 0.41% 0.56%
Market index (MSCI World Ex Australia NR AUD)
Total return 3.02% 14.06% 20.11% 28.72% 15.87% 14.43% -% 13.43%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity Global Equities
International Equities
98.60%
Cash
1.40%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
92.04%
Cash
3.01%
Australian Equities
3.12%
Property
1.80%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Fidelity Global Equities
FID0007AU
Equity World Large Growth
starstarstarstar (as at 31 Mar 2024)
Investment Fund
15 Apr 1998
$527.83 million (as at 31 Mar 2024)
$45.2394 (as at 18 Apr 2024)
$45.0588 (as at 18 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.99% (as at 30 Jun 2022)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
Microsoft Corp Equity 4.17%
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FAQs about the Fidelity Global Equities

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

The strategy of the Fidelity Global Equities managed fund is The Fidelity Global Equities Fund provides investors with the potential for long-term capital growth by investing in a diversified portfolio of global 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 Global Equities managed fund is FID0007AU.

Fidelity Global Equities’s total return last month was 2.38%. This was made up of a growth return of 2.38% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Fidelity Global Equities’s total return for the last three months was 12.45%. This was made up of a growth return of 12.45% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Fidelity Global Equities’s one-year total return is 26.32%. This was made up of a growth return of 25.81% and an income return of 0.51%. These returns were calculated as at 31 Mar 2024.

Fidelity Global Equities’s one-year total return is 10.59%. This was made up of a growth return of 10.29% and an income return of 0.3%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Fidelity Global Equities managed fund is :

International Equities
98.60%
Cash
1.40%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Fidelity Global Equities managed fund belongs to the Equity World Large Growth sector/asset class.

As at 31 Mar 2024, the size of the Fidelity Global Equities managed fund was $527.83 million.

The Fidelity Global Equities managed fund has an inception date of 15 Apr 1998.

The current entry price of the Fidelity Global Equities managed fund is $45.2394 per unit and the current exit price is $45.0588 per unit (as at 18 Apr 2024).

The current exit price of the Fidelity Global Equities managed fund is $45.0588 per unit and the current entry price is $45.2394 per unit (as at 18 Apr 2024).

The minimum initial investment amount for the Fidelity Global Equities managed fund is $25,000. Minimum additional investment is $0.

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.