Fact sheet: Fidelity Gbl Health Care

Fund information
Fund name
Fidelity Global Health Care W GBP
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Hilary Natoffsince 27/02/2006
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of companies throughout the world that are involved in the design, manufacture, or sale of products and services used in health care, medicine or biotechnology. 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. 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
  • MSCI AC World Healthcare (N) Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23.2%
1 Year rank in sector
-
Sector
FO Equity - Pharma Health & Biotech
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.
1.16%
Fund size
£835m (£1,155m 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.
106
Top in this sector
Fund name1 Year
Variopartner SICAV MVGbMdtcF26.6%
BB Medtech25.8%
Fidelity Gbl Health Care23.2%
Pictet Health20.7%
Charlemagne MagnaBiphrm19.1%
...more in FO Equity - Pharma Health & Biotech

Performance snapshot

Holdings snapshot

  • USA64.6%
    Denmark6%
    Japan5.8%
    Switzerland4.4%
    Germany3.7%
  • Health Care96%
    Money Market1.8%
    Consumer Discretionary1.2%
    Consumer Staples0.6%
    Information Technology0.4%
  • US Equities64.6%
    Danish Equities6%
    Japanese Equities5.8%
    Swiss Equities4.4%
    German Equities3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%7.2%16%23.2%69%140.9%
Sector3.4%10.6%13.1%2.8%42.1%134.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund9.5%13.1%29.1%30.7%10.4%
Sector-3.1%7.2%28.1%41%16.7%
Rank within sector-----
Quartile
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.
10.28
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.
0.57
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.
1.08
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%.
13.29
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.
12.25
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.
0.37
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.
0.46
Price movement
52 week high1.57
52 week low1.21
Current bid price-
Current offer price-
Current mid price1.51
Region
1USA64.6%
2Denmark6%
3Japan5.8%
4Switzerland4.4%
5Germany3.7%
6Australia3.6%
7New Zealand2.5%
8France2.2%
9Israel2.2%
Industry sector
1Health Care96%
2Money Market1.8%
3Consumer Discretionary1.2%
4Consumer Staples0.6%
5Information Technology0.4%
Asset type
1US Equities64.6%
2Danish Equities6%
3Japanese Equities5.8%
4Swiss Equities4.4%
5German Equities3.7%
6Australian Equities3.6%
7New Zealand Equities2.5%
8French Equities2.2%
9Israeli Equities2.2%
Individual holdings
1JOHNSON & JOHNSON9.46%
2MEDTRONIC PLC5.21%
3ALLERGAN PLC4.7%
4NOVO NORDISK A/S4.5%
5ROCHE HLDG AG4.39%
6ABBOTT LABORATORIES4.03%
7FRESENIUS MEDICAL CARE AG & CO.KGAA3.55%
8LILLY (ELI) & CO3.52%
9CIGNA CORP2.45%
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 the shares of companies throughout the world that are involved in the design, manufacture, or sale of products and services used in health care, medicine or biotechnology. 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. 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
  • MSCI AC World Healthcare (N) Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Hilary Natoff27/02/2006Hilary Natoff has over 17 years of investment experience, 14 of which has been with Fidelity. Hilary has been a co-portfolio manager of the Fidelity Global Demographics Fund since 2012 and has experience in health care, food manufacturing, leisure and transportation. Prior to Fidelity, Hilary worked as a trainee fund manager at Henderson Investors in the food manufacturing and leisure sectors. She also worked as a chartered accountant at PriceWaterhouse specialising in investment management. Hilary has a BA in Economics and Accounting (Joint Hons) from Manchester University, England and also has IIMR and ACA qualifications.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Peru, Poland, Portugal, Qatar, Singapore, Slovakia, Sweden, Taiwan - Province Of China, South Africa
Fidelity Global Health Care 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)1.92%
Bid price-
Offer price-
Mid price23.69
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG842
Fidelity Global Health Care A Acc HUF
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2751
CurrencyHUF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWHH
Fidelity Global Health Care A Acc USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price14.69
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5PH
Fidelity Global Health Care A 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)1.92%
Bid price-
Offer price-
Mid price37.12
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE96
Fidelity Global Health Care A GBP
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price0.636
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE97
Fidelity Global Health Care D Acc EUR
Initial charge4%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.72
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8JD
Fidelity Global Health Care W GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.512
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK5LQ
Fidelity Global Health Care 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)1.16%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price29.63
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFN8
Fidelity Global Health Care Y EUR
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 price16.48
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFCHK
Data provided by

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