Fact sheet: Fidelity Inst Sel Gbl Eq

Fund information
Fund name
Fidelity Institutional Select Global Equity
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund manager
  • Cesar Hernandezsince 28/02/2002
Fund objective
The Fund’s investment objective is to achieve long term capital appreciation. The Fund will invest primarily in the shares of companies in markets throughout the world. In order to manage risk the Investment Manager aims to hold a portfolio whose constituents are normally within a range of a reference benchmark such as MSCI World (Net) Index. However, the Investment Manager is not restricted by this in its selection of investments and will choose stocks based on the availability of attractive investment opportunities.
Benchmark
  • MSCI World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
17.7%
1 Year rank in sector
124/249
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.
0.89%
Fund size
£444m (£370m 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
359.5
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

  • USA58.7%
    Japan9%
    UK6.6%
    Others5.7%
    Canada3.5%
  • Financials16%
    Information Technology15.5%
    Health Care12.1%
    Consumer Discretionary11.7%
    Industrials10.9%
  • US Equities58.7%
    Japanese Equities9%
    UK Equities6.6%
    International Equities5.7%
    Canadian Equities3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.7%3.5%15.5%17.7%39.2%94.2%
Sector-2.3%2.7%14.3%16.4%29.1%69.3%
Rank within sector177 / 26597 / 264115 / 258124 / 24960 / 22649 / 203
Quartile3rd2nd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund17.6%5.2%11.4%25.2%11.6%
Sector16.4%3.4%6.7%19.7%9.9%
Rank within sector124 / 25295 / 24242 / 22861 / 21678 / 203
Quartile2nd2nd1st2nd2nd
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.
2.57
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.
1.68
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.
0.9
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%.
10.44
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.
5.63
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.
1.14
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.
0.84
Price movement
52 week high374.9
52 week low269.2
Current bid price-
Current offer price-
Current mid price359.5
Region
1USA58.66%
2Japan9.03%
3UK6.57%
4Others5.71%
5Canada3.51%
6Germany3.48%
7France3.39%
8Switzerland2.66%
9Australia2.31%
Industry sector
1Financials15.98%
2Information Technology15.52%
3Health Care12.15%
4Consumer Discretionary11.71%
5Industrials10.93%
6Consumer Staples10.33%
7Energy6.85%
8Materials5.29%
9Telecommunications Utilities3.49%
Asset type
1US Equities58.66%
2Japanese Equities9.03%
3UK Equities6.57%
4International Equities5.71%
5Canadian Equities3.51%
6German Equities3.48%
7French Equities3.39%
8Swiss Equities2.66%
9Australian Equities2.31%
Individual holdings
1APPLE INC2.36%
2ACTIVISION BLIZZARD INC1.31%
3FACEBOOK INC1.25%
4AMAZON.COM INC1.23%
5BERKSHIRE HATHAWAY INC1.05%
6COCA-COLA CO1.02%
7QUALCOMM INC1%
8ALPHABET INC0.99%
9ALPHABET INC0.98%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
The Fund’s investment objective is to achieve long term capital appreciation. The Fund will invest primarily in the shares of companies in markets throughout the world. In order to manage risk the Investment Manager aims to hold a portfolio whose constituents are normally within a range of a reference benchmark such as MSCI World (Net) Index. However, the Investment Manager is not restricted by this in its selection of investments and will choose stocks based on the availability of attractive investment opportunities.
Benchmark
  • MSCI World
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Cesar Hernandez28/02/2002César Hernández is a portfolio manager at Pyramis Global Advisors, a unit of Fidelity Investments. He developed the Select International discipline at Fidelity and has been responsible for managing Select International and Select Global portfolios on behalf of institutional investors around the world since the discipline’s inception in 1989. Prior to joining Fidelity, César was portfolio manager for international investments at State Street Bank & Trust Company. He began working in the investment industry in 1986. César earned a Bachelor of Science degree from the Universidad Simón Bolívar and a Master’s degree in Business Administration from Babson College. He is a Chartered Financial Analyst charterholder and a member of the Boston Security Analysts Society.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Denmark, Finland, France, United Kingdom, Guernsey, Ireland, Netherlands, Norway, Sweden
Fidelity Institutional Select Global Equity
Initial charge-
Annual charge0.8%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price359.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI85
Data provided by

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