Fidelity Select Global Equities - Managed Fund (Closed)

Fund Objective

To achieve returns in excess of the MSCI World (ex-Australia and New Zealand) Index over the suggested minimum investment time period of five to seven years.

Fund Strategy

The Fund generally invests in a diversified selection of Global Securities. 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 which it believes offer the greatest scope for outperformance.

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, 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

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

% 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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	5.74%	10.65%	12.3%	-1.88%	-0.69%	2.72%	-6.66%	-2.55%
Growth return	5.74%	10.65%	12.3%	-2.1%	-0.8%	2.64%	-7.41%	-3.3%
Income return	0%	0%	0%	0.22%	0.11%	0.08%	0.75%	0.75%
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 Mar 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity Select Global Equities

International Equities: 97.59%

Cash: 2.41%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

International Equities: 95.48%

Cash: 1.77%

Australian Equities: 1.45%

Property & Infrastructure: 1.15%

Fixed Interest: 0%

Alternatives: 0.14%

General Information

Fund Details

Type	Description
Fund Name	Fidelity Select Global Equities (Wholesale)
Fund Status	Closed
Responsible Entity	FIL Investment Mgmt (AUS) Ltd
APIR Code	FID0001AU
Sector/Asset Class	Equity World Large Blend
Morningstar Rating	(as at 31 Mar 2012)
Legal Structure	Investment Fund
Fund Inception	1 Jan 1996
Fund Size	$10.49 million (as at 31 Mar 2012)
Entry Price	$9.7723 (as at 16 Apr 2012)
Exit Price	$9.7139 (as at 16 Apr 2012)
Fund Status	Finalised

Offer information

Type	Description
MER	3.10% (as at 30 Jun 2005)
Indirect Cost Ratio (ICR)	1.15% (as at 30 Jun 2011)
Minimum initial investment	$500,000

Top 10 holdings (as at 30 Jun 2011)

Holding (as at 30 Jun 2011)	Type	% of Portfolio
Apple Inc.	Equity	1.70%
Login now to view the complete list of holdings.

FAQs about the Fidelity Select Global Equities

What is the objective of the Fidelity Select Global Equities managed fund?

The objective of the Fidelity Select Global Equities managed fund is To achieve returns in excess of the MSCI World (ex-Australia and New Zealand) Index over the suggested minimum investment time period of five to seven years.

What is the strategy for the Fidelity Select Global Equities managed fund?

The strategy of the Fidelity Select Global Equities managed fund is The Fund generally invests in a diversified selection of Global Securities. 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 which it believes offer the greatest scope for outperformance.

What is the APIR code of the Fidelity Select Global Equities managed fund?

The APIR code of the Fidelity Select Global Equities managed fund is FID0001AU.

What was Fidelity Select Global Equities’s total return last month?

Fidelity Select Global Equities’s total return last month was 5.74%. This was made up of a growth return of 5.74% and an income return of 0%. These returns were calculated as at 31 Mar 2012.

What was Fidelity Select Global Equities’s total return for the last three months?

Fidelity Select Global Equities’s total return for the last three months was 10.65%. This was made up of a growth return of 10.65% and an income return of 0%%. These returns were calculated as at 31 Mar 2012.

What is Fidelity Select Global Equities’s one-year total return?

Fidelity Select Global Equities’s one-year total return is -1.88%. This was made up of a growth return of -2.1% and an income return of 0.22%. These returns were calculated as at 31 Mar 2012.

What is Fidelity Select Global Equities’s three-year total return?

Fidelity Select Global Equities’s one-year total return is 2.72%. This was made up of a growth return of 2.64% and an income return of 0.08%. These returns were calculated as at 31 Mar 2012.

What is the asset allocation of the Fidelity Select Global Equities managed fund?

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

International Equities: 97.59%

Cash: 2.41%

Australian Equities: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Fidelity Select Global Equities managed fund?

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

What sector/asset class does the Fidelity Select Global Equities managed fund belong to?

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

What is the size of the Fidelity Select Global Equities managed fund?

As at 31 Mar 2012, the size of the Fidelity Select Global Equities managed fund was $10.49 million.

What is the inception date of the Fidelity Select Global Equities managed fund?

The Fidelity Select Global Equities managed fund has an inception date of 1 Jan 1996.

What is the current entry price of the Fidelity Select Global Equities managed fund?

The current entry price of the Fidelity Select Global Equities managed fund is $9.7723 per unit and the current exit price is $9.7139 per unit (as at 16 Apr 2012).

What is the current exit price of the Fidelity Select Global Equities managed fund?

The current exit price of the Fidelity Select Global Equities managed fund is $9.7139 per unit and the current entry price is $9.7723 per unit (as at 16 Apr 2012).

What is the minimum investment amount for the Fidelity Select Global Equities managed fund?

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

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.

What our members say about us