Fact sheet: Fidelity Global Opps

Fund information
Fund name
Fidelity Global Opportunities A USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Matt Jonessince 16/11/2015
  • Hiten Savanisince 16/11/2015
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 in industry sectors including Consumer Industry, Financial Services, Health Care, Natural Resources, Technology and Telecommunications. 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 reinvested in additional shares or paid to shareholders on request. 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 Index (Net)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
4%
1 Year rank in sector
406/471
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.
1.92%
Fund size
£497m (£517m 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.
89
Top in this sector
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Heptagon Kprnk GblAlCpEq51.4%
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Veritas Global Equity Income37.1%
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...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA53.3%
    UK9.3%
    Japan7.3%
    Others6.6%
    Australia5.1%
  • Financials15.6%
    Health Care13.8%
    Information Technology12.9%
    Consumer Staples10.4%
    Industrials10.3%
  • US Equities53.3%
    UK Equities9.3%
    Japanese Equities7.3%
    International Equities6.6%
    Australian Equities5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%1.2%4.2%4%4.8%46.6%
Sector0.7%6%7.6%9.1%19.1%65.3%
Rank within sector450 / 494447 / 489406 / 482406 / 471338 / 373253 / 288
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.1%-4%2.8%21.4%13.8%
Sector6.1%0.7%6%21.3%12.7%
Rank within sector375 / 478363 / 433267 / 390200 / 344140 / 298
Quartile4th4th3rd3rd2nd
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.
-4.27
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
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%.
10.71
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.
2.84
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.
-1.38
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.
0.93
Price movement
52 week high14.73
52 week low12.46
Current bid price-
Current offer price-
Current mid price14.39
Region
1USA53.3%
2UK9.3%
3Japan7.3%
4Others6.6%
5Australia5.1%
6Netherlands3.6%
7Switzerland3%
8Germany2.8%
9Money Market2.7%
Industry sector
1Financials15.6%
2Health Care13.8%
3Information Technology12.9%
4Consumer Staples10.4%
5Industrials10.3%
6Consumer Discretionary8.3%
7Energy6.6%
8Materials6.5%
9Utilities5.7%
Asset type
1US Equities53.3%
2UK Equities9.3%
3Japanese Equities7.3%
4International Equities6.6%
5Australian Equities5.1%
6Dutch Equities3.6%
7Swiss Equities3%
8German Equities2.8%
9Money Market2.7%
Individual holdings
1CATERPILLAR INC2.21%
2MORGAN STANLEY2.11%
3ALPHABET INC2.03%
4NEXTERA ENERGY INC2.01%
5PFIZER INC1.94%
6ROCHE HLDG AG1.91%
7JPMORGAN CHASE & CO1.84%
8LOWES COMPANIES INC1.81%
9PHILIP MORRIS INTERNATIONAL INC1.81%
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 in industry sectors including Consumer Industry, Financial Services, Health Care, Natural Resources, Technology and Telecommunications. 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 reinvested in additional shares or paid to shareholders on request. 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 Index (Net)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Matt Jones16/11/2015Matt Jones is a portfolio manager for Fidelity Worldwide Investment, managing the equity subportfolio of Fidelity Global Asset Allocation Fund. In the U.K., Matt manages FF FIRST All Country World Fund, FF FIRST Developed World Fund and FIRST European Strategy. He has been responsible for the day-to-day management of a range of systematic equity strategies since 2011, initially in the role of Quantitative Portfolio Assistant and subsequently, since July 2011, as portfolio manager. Matt joined Fidelity in 2005 and worked as a Quantitative Analyst / Senior Quantitative Analyst until 2010. Previously, Matt has worked at JPMorgan and Bankers Trust. He has a BCom in Economics and Business Law, a Postgraduate Diploma in Accounting and a Masters in Applied Finance.
Hiten Savani16/11/2015Hiten Savani is a portfolio manager for Fidelity Worldwide Investment, managing the equity subportfolio of Fidelity Global Asset Allocation Fund. In the U.K., Hiten manages FF FIRST All Country World Fund, FF FIRST Developed World Fund and FIRST European Strategy. He has been closely associated with Fidelity's range of systematic equity strategies since 2010 when he joined the company as Investment Director. In this role, Hiten was involved with product design and worked closely with our global client base. He was also involved in institutional product strategy. Formerly a Strategist at Goldman Sachs, Hiten carried out research and authored papers on a broad range of subjects from global asset allocation to risk appetite and style rotation within European equities. Hiten has also previously worked in Africa with the United Nations, the World Bank, as well as other organizations on matters of Financial Sector Development. He has a Masters in Financial Economics from the University of London and a Masters of Physics from the University of Oxford.
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, Switzerland, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Poland, Portugal, Qatar, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Fidelity Global Opportunities 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)1.92%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price16.39
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI729
Fidelity Global Opportunities A SGD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.083
CurrencySGD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIZT
Fidelity Global Opportunities A USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price14.39
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI731
Fidelity Global Opportunities E Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.22
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFG4X
Fidelity Global Opportunities 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)1.17%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price14.6
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFN4
Data provided by

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