Fact sheet: Fidelity Am Gth

Fund information
Fund name
Fidelity American Growth A USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Aditya Khowalasince 21/12/2012
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in a focused portfolio of the shares of companies having their head office or main activities in the US. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Currency hedging is used to substantially reduce the risk of losses from unfavourable exchange rate movements on holdings in currencies that differ from the dealing currency. Hedging also has the effect of limiting the potential for currency gains to be made. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
0.7%
1 Year rank in sector
156/208
Sector
FO Equity - USA
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.91%
Fund size
£687m (£751m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
100
Top in this sector
Fund name1 Year
Dodge & Cox US Stk40%
Oyster US Selection34.6%
Hermes US SMID Equity33.9%
T. Rowe Price USLgeCapValEq32.7%
GAM Star Gamco US Eq32.5%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA88%
    Canada3.8%
    Belgium3%
    Israel2.2%
    Money Market2.1%
  • Information Technology27.5%
    Consumer Staples19.2%
    Consumer Discretionary16.1%
    Industrials10.8%
    Materials9.4%
  • US Equities88%
    Canadian Equities3.8%
    Belgian Equities3%
    Israeli Equities2.2%
    Money Market2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%0.1%2.2%0.7%20.6%74.2%
Sector4%2.4%5.9%5%19.1%70.1%
Rank within sector148 / 220170 / 219173 / 213156 / 20879 / 17782 / 147
Quartile3rd4th4th3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund4.3%-0.1%11.6%39.5%7.3%
Sector7.1%-1.6%10.7%31.8%10.2%
Rank within sector149 / 21089 / 19382 / 17815 / 162134 / 149
Quartile3rd2nd2nd1st4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.69
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.08
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.25
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
12.51
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.19
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.24
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.89
Price movement
52 week high40.11
52 week low32.81
Current bid price-
Current offer price-
Current mid price39.65
Region
1USA88%
2Canada3.8%
3Belgium3%
4Israel2.2%
5Money Market2.1%
6Sweden0.6%
7France0.3%
Industry sector
1Information Technology27.5%
2Consumer Staples19.2%
3Consumer Discretionary16.1%
4Industrials10.8%
5Materials9.4%
6Financials5.8%
7Health Care3.2%
8Telecommunications Utilities3.2%
9Energy2.7%
Asset type
1US Equities88%
2Canadian Equities3.8%
3Belgian Equities3%
4Israeli Equities2.2%
5Money Market2.1%
6Swedish Equities0.6%
7French Equities0.3%
Individual holdings
1PEPSICO INC3.35%
2MOLSON COORS BREWING CO3.18%
3COMCAST CORP(NEW)3.14%
4ANHEUSER-BUSCH INBEV SA/NV3%
5PHILIP MORRIS INTERNATIONAL INC2.58%
6SBA COMMUNICATIONS2.45%
7PRICELINE GROUP INC (THE)2.43%
8LEIDOS HLDGS INC2.42%
9INTERCONTINENTAL EXCHANGE GRP INC2.41%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in a focused portfolio of the shares of companies having their head office or main activities in the US. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Currency hedging is used to substantially reduce the risk of losses from unfavourable exchange rate movements on holdings in currencies that differ from the dealing currency. Hedging also has the effect of limiting the potential for currency gains to be made. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Aditya Khowala21/12/2012Aditya Khowala is the Portfolio Manager for the US equity funds. Aditya Khowala joined Fidelity in January 2006 as a research analyst, covering the banking and energy sectors. He managed the UK Research Portfolio for 3.5 years prior to joining the US Equtiy team in early 2012. Prior to Fidelity, Aditya worked at i2 Technologies in Australia, Korea and Hong Kong, having started his career in venture capitalism in 2000 at Chryscapital, India. Aditya has a post-graduate degree in Management from IIM, Ahmedabad, India. Aditya also holds an MBA with Hons from IMD, Lausanne.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Peru, Portugal, Qatar, Singapore, Sweden, Turkey, Taiwan - Province Of China, South Africa
Fidelity American Growth A Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price18.03
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ583
Fidelity American Growth A Acc USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price14.98
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ582
Fidelity American Growth A Hedged Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price14.38
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBOJ1
Fidelity American Growth A USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price39.65
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFI43
Fidelity American Growth W Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.209
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUWE
Fidelity American Growth Y Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.81
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4SY
Fidelity American Growth Y Acc USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price14.44
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFJ4
Fidelity American Growth Y Dis USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.46
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMLI
Data provided by

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