Fact sheet: Fidelity Open World

Fund information
Fund name
Fidelity Open World Y Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • James Batemansince 05/02/2013
  • Ayesha Akbarsince 05/02/2013
Fund objective
Aims to provide long-term growth. Invests in a range of global assets providing exposure to global markets mainly in equities. Invests in funds and may also invest in transferable securities, money market instruments, cash and deposits.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
21.9%
1 Year rank in sector
66/249
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.
1.56%
Fund size
£224m (£198m 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.
92
Mid price
149.8
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

  • North America58.2%
    Europe ex UK14.4%
    Global Emerging Markets10.3%
    Japan7.9%
    UK5.3%
  • Equities101%
    Derivatives-1%
  • North American Equities58.2%
    Europe ex UK Equities14.4%
    Global Emerging Market Equities10.3%
    Japanese Equities7.9%
    UK Equities5.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%5%18.7%21.9%34.6%-
Sector-2.3%2.7%14.3%16.4%29.1%69.3%
Rank within sector108 / 26553 / 26465 / 25866 / 24999 / 226-
Quartile2nd1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund21.7%1.7%8.2%--
Sector16.4%3.4%6.7%19.7%9.9%
Rank within sector68 / 252183 / 242106 / 228--
Quartile2nd4th2nd
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.
0.02
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.
1.07
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.
0.68
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%.
11.03
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.
2.05
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.
0.31
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.
0.97
Price movement
52 week high153.8
52 week low109
Current bid price-
Current offer price-
Current mid price149.8
Region
1North America58.2%
2Europe ex UK14.4%
3Global Emerging Markets10.3%
4Japan7.9%
5UK5.3%
6Pacific ex-Japan5%
7Not Specified-1.1%
Industry sector
1Equities101%
2Derivatives-1%
Asset type
1North American Equities58.2%
2Europe ex UK Equities14.4%
3Global Emerging Market Equities10.3%
4Japanese Equities7.9%
5UK Equities5.3%
6Asia Pacific ex Japan Equities5%
7Alternative Investment Strategies-1.1%
Individual holdings
1INDEPENDENT FRANCHISE VAR CAP COMP11.37%
2OLD MUTUAL NORTH AMERICAN EQUITY R ACC GBP10.05%
3FIDELITY INDEX US P INC9.06%
4ALMA CAPITAL INVESTMENT FUNDS - ALMA HOTCHKINS & WILEY US LARGE CAP VALUE EQUITY I USD9.05%
5VULCAN VALUE EQUITY II ACC GBP8.09%
6BLACKROCK CONTINENTAL EUROPEAN A ACC6.42%
7EV INTL PARAMETRIC EMERGING MARKETS A2 USD6.2%
8SANDS CAPITAL FUNDS PLC US SELECT GROWTH A GBP ACC6%
9INVESCO ASSET MANAGEMENT(IRELAND)5.01%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to provide long-term growth. Invests in a range of global assets providing exposure to global markets mainly in equities. Invests in funds and may also invest in transferable securities, money market instruments, cash and deposits.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
James Bateman05/02/2013James joined Fidelity in 2012, having previously worked at Barclays Wealth, Northern Trust Global Investments, Investment Manager Selection Limited and Mercer Management Consulting. He has an MA in Economics from the University of Cambridge. James leads our global manager research and portfolio management capabilities.
Ayesha Akbar05/02/2013Ayesha Akbar joined Fidelity's MultiManager Business in June 2008 as Portfolio Manager covering Asia Pacific ex-Japan and Global Emerging Market equities. She also brings a wealth of experience in other asset classes as a member of a broad asset team with previous employers. Prior to joining Fidelity Ayesha worked at Barclays Wealth for six years. She spent the first five years helping to establish the £10bn+ multi-manager business with the Private Clients division, working on global and regional fixed income and Asia/Emerging equities. For the last 12 months she has been an Associate Director of the newly formed Wealth division, focusing on manager research and portfolio management for Asian and Emerging equities. Prior to joining Barclays, Ayesha worked for two years as an investment analyst for Abu Dhabi Investment Authority, researching and managing portfolios of external funds focused on UK and European equities. Ayesha Akbar is a CFA Charterholder. She has a BSc (Hons) Economics degree and an MSc (Accounting and Finance) degree both gained from the London School of Economics and Political Science.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Jersey
Fidelity Open World A Acc
Initial charge3%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)2.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price147.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3BQ
Fidelity Open World N Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJFW
Fidelity Open World Y Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price149.8
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3BR
Data provided by

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