Fact sheet: Fidelity Glbl Eq Inc

Fund information
Fund name
Fidelity Global Equity Income A Acc USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund manager
  • Aditya Shivramsince 01/12/2014
Fund objective
Aims to provide income and long-term capital growth. At least 70% invested in income producing company shares globally. The choice of assets is guided by attractive dividend yields in addition to the potential for capital growth. 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. The class may only be acquired by institutional investors. 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
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
10.1%
1 Year rank in sector
194/472
Sector
FO Equity - 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.
2%
Fund size
£40m (£46m 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.
90
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq49.3%
Sanlam Prv Wlt Glbl HgQul40.5%
SKAGEN Focus36%
Veritas Global Equity Income35.8%
JOHCM Gbl Opps35.3%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA49.3%
    UK11%
    Netherlands10.2%
    Japan9.2%
    Money Market5.6%
  • Health Care18.5%
    Financials16.2%
    Consumer Staples14.8%
    Telecommunications Utilities11.5%
    Industrials11.4%
  • US Equities49.3%
    UK Equities11%
    Dutch Equities10.2%
    Japanese Equities9.2%
    Money Market5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%4.4%5%10.1%--
Sector0.6%6.2%7.8%9.3%18.6%63.5%
Rank within sector423 / 494407 / 489366 / 484194 / 472--
Quartile4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.1%0.2%---
Sector5.6%0.7%6%21.3%12.7%
Rank within sector214 / 478247 / 433---
Quartile2nd3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.67
52 week low9.13
Current bid price-
Current offer price-
Current mid price10.49
Region
1USA49.3%
2UK11%
3Netherlands10.2%
4Japan9.2%
5Money Market5.6%
6Switzerland3.5%
7France2.9%
8Others2%
9Spain1.9%
Industry sector
1Health Care18.5%
2Financials16.2%
3Consumer Staples14.8%
4Telecommunications Utilities11.5%
5Industrials11.4%
6Information Technology7.7%
7Consumer Discretionary7.2%
8Money Market5.6%
9Utilities4.7%
Asset type
1US Equities49.3%
2UK Equities11%
3Dutch Equities10.2%
4Japanese Equities9.2%
5Money Market5.6%
6Swiss Equities3.5%
7French Equities2.9%
8International Equities2%
9Spanish Equities1.9%
Individual holdings
1JOHNSON & JOHNSON5.09%
2WOLTERS-KLUWER NV4.48%
3MARSH & MCLENNAN COS INC3.77%
4BRITISH AMERICAN TOBACCO3.35%
5RELX NV3.18%
6PEPSICO INC3.04%
7AMEREN CORP2.94%
8PFIZER INC2.82%
9UNILEVER NV2.69%
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 income producing company shares globally. The choice of assets is guided by attractive dividend yields in addition to the potential for capital growth. 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. The class may only be acquired by institutional investors. 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
Investment style
Value
Investment method
Shares
Fund manager
NameSinceBiography
Aditya Shivram01/12/2014Aditya has been a portfolio manager investing in global telecoms since November 2008; prior to this he was a European telecoms analyst. Aditya holds a BA (Hons) in Mathematics & Economics from Grinnell College (USA) and an MBA from Harvard Business School.
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, Switzerland, Czech Republic, Germany, Spain, France, United Kingdom, Hungary, Italy, Republic Of Korea, Luxembourg, Offshore, Poland, Singapore, Slovakia
Fidelity Global Equity Income 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)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.49
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLDJ
Fidelity Global Equity Income 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)2.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.19
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLDH
Fidelity Global Equity Income A Hedged Acc USD
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.55
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUJZ
Fidelity Global Equity Income A MInc(G) EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFLDI
Fidelity Global Equity Income I Acc USD
Initial charge1%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.47
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFE7R
Fidelity Global Equity Income I USD
Initial charge1%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.82
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFFLI
Fidelity Global Equity Income 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)1.29%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.67
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFLDK
Data provided by

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