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  5. Fidelity Global Real Assets - Managed fund profile

Fidelity Global Real Assets - Managed Fund (Closed)

Fund Objective
The Fidelity Global Real Assets Fund aims to identify and invest in those listed companies that have the pricing power along their industry value chain and generally own, control or manage real, physical assets. By investing in companies impacted by the growing demand for real assets, we aim to deliver higher returnsoutperform than the Fund's benchmark, the MSCI ACWI (All Countries World Index) over 5 - 7 years.
Fund Strategy
Real asset securities are listed companies that own, control or manage real, physical assets e.g mines, real estate, oil and natural gas fields. Real assets are considered to hold intrinsic value due to their limited supply. Investing in physical assets is challenging due to their lack of liquidity. A practical way to gain exposure to real assets is to invest through related equities securities. Fidelity believes demand for real assets is set to rise over the long-term, placing a growing strain on their limited supply.

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 -1.2% 3.11% -% -% -% -% -% -%
Growth return -1.2% 3.11% -% -% -% -% -% -%
Income return 0% 0% -% -% -% -% -% -%
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 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity Global Real Assets
International Equities
94.70%
Cash
5.30%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
91.83%
Cash
2.94%
Australian Equities
3.40%
Property
1.81%
Fixed Interest
-0.04%
Alternatives
0.06%

General Information

Fund Details
Type Description
Fidelity Global Real Assets
Closed
FIL Investment Mgmt (AUS) Ltd
FID0025AU
Equity World Large Blend
Not Rated
Investment Fund
30 Nov 2012
$4.06 million (as at 31 Mar 2013)
$10.4921 (as at 22 Apr 2013)
$10.4293 (as at 22 Apr 2013)
Finalised
Offer information
Type Description
Minimum initial investment $500,000
Minimum additional investments $1.00

Top 10 holdings (as at 28 Feb 2013)

Holding (as at 28 Feb 2013) Type % of Portfolio
Exxon Mobil Corporation Equity 4.78%
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FAQs about the Fidelity Global Real Assets

The objective of the Fidelity Global Real Assets managed fund is The Fidelity Global Real Assets Fund aims to identify and invest in those listed companies that have the pricing power along their industry value chain and generally own, control or manage real, physical assets. By investing in companies impacted by the growing demand for real assets, we aim to deliver higher returnsoutperform than the Fund's benchmark, the MSCI ACWI (All Countries World Index) over 5 - 7 years.

The strategy of the Fidelity Global Real Assets managed fund is Real asset securities are listed companies that own, control or manage real, physical assets e.g mines, real estate, oil and natural gas fields. Real assets are considered to hold intrinsic value due to their limited supply. Investing in physical assets is challenging due to their lack of liquidity. A practical way to gain exposure to real assets is to invest through related equities securities. Fidelity believes demand for real assets is set to rise over the long-term, placing a growing strain on their limited supply.

The APIR code of the Fidelity Global Real Assets managed fund is FID0025AU.

Fidelity Global Real Assets’s total return last month was -1.2%. This was made up of a growth return of -1.2% and an income return of 0%. These returns were calculated as at 31 Mar 2013.

Fidelity Global Real Assets’s total return for the last three months was 3.11%. This was made up of a growth return of 3.11% and an income return of 0%%. These returns were calculated as at 31 Mar 2013.

Fidelity Global Real Assets’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2013.

Fidelity Global Real Assets’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Mar 2013.

The asset allocation of the Fidelity Global Real Assets managed fund is :

International Equities
94.70%
Cash
5.30%
Australian Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Fidelity Global Real Assets managed fund is FIL Investment Mgmt (AUS) Ltd.

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

As at 31 Mar 2013, the size of the Fidelity Global Real Assets managed fund was $4.06 million.

The Fidelity Global Real Assets managed fund has an inception date of 30 Nov 2012.

The current entry price of the Fidelity Global Real Assets managed fund is $10.4921 per unit and the current exit price is $10.4293 per unit (as at 22 Apr 2013).

The current exit price of the Fidelity Global Real Assets managed fund is $10.4293 per unit and the current entry price is $10.4921 per unit (as at 22 Apr 2013).

The minimum initial investment amount for the Fidelity Global Real Assets managed fund is $500,000. 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.