Fact sheet: Fidelity Global Focus

Fund information
Fund name
Fidelity Global Focus W Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Amit Lodhasince 30/09/2010
Fund objective
The fund aims to provide long-term capital growth. It invests primarily in shares of companies from around the world. In terms of geographical split, the portfolio is invested broadly in relation to the relative sizes and attractiveness of world equity markets. There is a bias towards the larger quoted companies in each market and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It 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.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
21.2%
1 Year rank in sector
73/249
Sector
UT Global
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.
0.96%
Fund size
£383m (£345m 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.
99
Mid price
1764
Top in this sector
Fund name1 Year
First State Gbl Resrcs60.8%
UBS FTSE RAFI Devlpd 1000 Idx38.3%
Orbis Gbl Eq37.7%
NFU Mutual Global Growth33.5%
Natixis HarsAsGblConcntdEq32.6%
...more in UT Global

Performance snapshot

Holdings snapshot

  • USA57.5%
    Japan10%
    UK4.7%
    Others4.6%
    India4%
  • Information Technology21.3%
    Financials17.9%
    Health Care10.1%
    Industrials9.4%
    Energy9.4%
  • US Equities57.5%
    Japanese Equities10%
    UK Equities4.7%
    International Equities4.6%
    Indian Equities4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.9%3.2%19.1%21.2%45.1%95.3%
Sector-2.3%2.7%14.3%16.4%29.1%69.3%
Rank within sector195 / 265108 / 26454 / 25873 / 24935 / 22644 / 203
Quartile3rd2nd1st2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund20.3%8.4%10.1%21.7%13.2%
Sector16.4%3.4%6.7%19.7%9.9%
Rank within sector82 / 25236 / 24266 / 228111 / 21643 / 203
Quartile2nd1st2nd3rd1st
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.
3.19
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.
1.06
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.
0.99
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%.
10.95
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.
2.18
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.
1.69
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.
0.96
Price movement
52 week high1846
52 week low1290
Current bid price-
Current offer price-
Current mid price1764
Region
1USA57.49%
2Japan10%
3UK4.72%
4Others4.63%
5India4.04%
6Canada4.02%
7Money Market3.49%
8Germany3.39%
9France2.54%
Industry sector
1Information Technology21.28%
2Financials17.91%
3Health Care10.08%
4Industrials9.37%
5Energy9.36%
6Consumer Staples8.97%
7Consumer Discretionary8.38%
8Materials5.66%
9Money Market3.49%
Asset type
1US Equities57.49%
2Japanese Equities10%
3UK Equities4.72%
4International Equities4.63%
5Indian Equities4.04%
6Canadian Equities4.02%
7Money Market3.49%
8German Equities3.39%
9French Equities2.54%
Individual holdings
1FIDELITY INSTITUTIONAL LIQUIDITY FD UNITED STATES DOLLAR FD DISTRIBUTION NAV3.49%
2JPMORGAN CHASE & CO2.11%
3ALPHABET INC1.94%
4APPLE INC1.91%
5MICROSOFT CORP1.85%
6ORIX CORP1.5%
7SAP SE1.46%
8LILLY (ELI) & CO1.45%
9COCA-COLA CO1.44%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
The fund aims to provide long-term capital growth. It invests primarily in shares of companies from around the world. In terms of geographical split, the portfolio is invested broadly in relation to the relative sizes and attractiveness of world equity markets. There is a bias towards the larger quoted companies in each market and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It 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.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Amit Lodha30/09/2010Amit Lodha has been portfolio manager of the Fidelity Global Equities Fund since 2010 and has over 14 years of investment experience. Amit joined Fidelity as a research analyst in our Mumbai office in 2003. He spent his first three years with the company covering Indian equities (responsible for technology, media, telecoms, financials and retail sectors) before becoming the Asia (ex Japan) financials sector leader in 2006. In 2007, Amit joined the analyst team in London to become global commodities analyst and pick up coverage of basic materials stocks. Prior to joining Fidelity in 2003, Amit spent three years as an equity analyst at Citigroup in Mumbai, covering the Indian telecoms, technology and media sectors. He started his career in the industry at KPMG Mumbai in 1997 where he left having risen to Senior Accountant in 2000. Amit completed his BA and MA in Commerce & Economics at Mumbai University. He is a qualified accountant from the Institute of Chartered Accountants (India) and a CFA Charter holder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity Global Focus Acc
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.73%
Bid price-
Offer price-
Mid price1619
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFI89
Fidelity Global Focus W Acc
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price1764
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGMUC
Fidelity Global Focus Y Acc
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1755
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGMUD
Data provided by

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