Fact sheet: Fidelity Gbl Prop

Fund information
Fund name
Fidelity Global Property A GBP
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Dirk Philippasince 30/09/2013
Fund objective
Aims to provide income and long-term capital growth. At least 70% invested in the shares of companies involved in the real estate industry and other real estate-related investments. 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
  • FTSE EPRA/NAREIT Developed Net
Investment style
None
Investment method
Shares
Quick stats
1 Year return
14.7%
1 Year rank in sector
4/44
Sector
FO Property - International
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.
1.94%
Fund size
£225m (£266m 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.
101
Top in this sector
Fund name1 Year
SKAGEN SKAGEN m224.3%
Sarasin IE GblRlEstEq(£)18.8%
HSBC GIF GblRlEstEqt15.2%
Fidelity Gbl Prop14.7%
Oasis Crescent GlbProEq14.7%
...more in FO Property - International

Performance snapshot

Holdings snapshot

  • USA50.8%
    Australia9.5%
    Hong Kong8.7%
    Japan8.1%
    UK5.2%
  • Residential - Property30.6%
    Retail22.9%
    Others20.2%
    Offices - Property19.2%
    Industrials5.9%
  • Property Shares99.3%
    Money Market0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.3%-4.6%9.3%14.7%44.1%77.8%
Sector-1.2%-6.7%-1.7%-0.2%21.2%50.6%
Rank within sector41 / 4413 / 454 / 454 / 448 / 428 / 34
Quartile4th2nd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund12.5%2.9%25.6%0.6%19.2%
Sector0.5%4.3%16%0.9%21.8%
Rank within sector6 / 4419 / 4313 / 4226 / 4031 / 34
Quartile1st2nd2nd3rd4th
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.
7.61
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.
0.97
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.
0.75
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%.
13.41
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.
8.8
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.
0.79
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.
0.56
Price movement
52 week high1.86
52 week low1.37
Current bid price-
Current offer price-
Current mid price1.69
Region
1USA50.8%
2Australia9.5%
3Hong Kong8.7%
4Japan8.1%
5UK5.2%
6Singapore4.8%
7Canada2.9%
8Germany2.7%
9Switzerland2.6%
Industry sector
1Residential - Property30.6%
2Retail22.9%
3Others20.2%
4Offices - Property19.2%
5Industrials5.9%
6Money Market0.7%
7Hotels0.5%
Asset type
1Property Shares99.3%
2Money Market0.7%
Individual holdings
1SIMON PROPERTY GROUP INC6.68%
2SUN HUNG KAI PROPERTIES LTD4.12%
3VENTAS INC3.81%
4PROLOGIS INC3.75%
5ESSEX PROPERTY TRUST INC USD0.00013.72%
6GENERAL GROWTH PROPERTIES3.58%
7EQUITY RESIDENTIAL PROPERTIES TRUST SHS OF BENEFICIAL INTEREST USD0.013.47%
8SUN COMMUNITIES INC3.39%
9MACERICH CO3.25%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide income and long-term capital growth. At least 70% invested in the shares of companies involved in the real estate industry and other real estate-related investments. 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
  • FTSE EPRA/NAREIT Developed Net
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Dirk Philippa30/09/2013Dirk has managed the Fidelity Global Property Fund since October 2013. He first joined Fidelity in 2004 from Salomon Smith Barney, where he had worked as an analyst and associate. He spent five years at Fidelity, first as an analyst and then as a portfolio manager and Head of European Property securities, where he managed an internal European Property Securities portfolio for three years. After 18 months at a property-focused investment boutique, Dirk re-joined Fidelity. He has an MBA from INSEAD and an MA Economics from the University of Amsterdam.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Singapore ILIP, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Poland, Portugal, Qatar, Singapore, Slovakia, Sweden, Taiwan - Province Of China, United Arab Emirates
Fidelity Global Property 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)1.94%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price15.23
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQV35
Fidelity Global Property A Acc HUF
Initial charge5.25%
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 price2999
CurrencyHUF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWHI
Fidelity Global Property 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)1.94%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price13.77
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQV38
Fidelity Global Property A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price13.84
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQV36
Fidelity Global Property A GBP
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price1.689
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQV95
Fidelity Global Property A USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price12.53
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQV37
Fidelity Global Property E Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.69%
Total expense ratio (TER)2.69%
Bid price-
Offer price-
Mid price14.08
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC7B5
Fidelity Global Property M Inc EUR
Initial charge0.04%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3RX
Fidelity Global Property M Inc USD
Initial charge0.04%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3RY
Fidelity Global Property W GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.465
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK5LP
Fidelity Global Property 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)1.19%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price12.22
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFJ8
Fidelity Global Property Y EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.3
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC7Y
Data provided by

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