Fact sheet: Fidelity UK Select

Fund information
Fund name
Fidelity UK Select W Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Aruna Karunathilakesince 03/12/2007
Fund objective
The Fund’s investment objective is to achieve long term capital growth from a portfolio primarily invested in the shares of UK companies. The portfolio is likely to be concentrated although the authorised corporate director is not restricted in terms of number of holdings and is not restricted in its choice of company by either size or industry. A concentrated portfolio may comprise a smaller number of holdings having a large weighting in the overall portfolio and any price movement of any individual holdings may impact the Fund to a greater extent than if the Fund’s investments were comprised of a larger number of holdings. The Fund may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits. The Fund can use derivatives for the purpose of efficient portfolio management with the aim of risk or cost reduction or to generate additional capital or income in line with the Fund's risk profile.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
0.6%
1 Year rank in sector
213/277
Sector
UT UK All Companies
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.
0.95%
Fund size
£547m (£270m 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.
86
Mid price
247
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry43.6%
Schroder Recovery19%
UBS UK Opportunities19%
Charity Equity17.9%
R&M UK Equity Long Term Recovery16.9%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK85.8%
    USA5.9%
    Money Market4.8%
    France3.1%
    Denmark0.5%
  • Consumer Services23.5%
    Consumer Goods20.8%
    Industrials19.8%
    Financials10.8%
    Oil & Gas8.2%
  • UK Equities85.8%
    US Equities5.9%
    Money Market4.8%
    French Equities3.1%
    Danish Equities0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.1%-4.6%2.3%0.6%24.3%63.1%
Sector-1.1%-1.2%5.9%4.5%13%57.4%
Rank within sector262 / 284250 / 283219 / 280213 / 27732 / 263115 / 250
Quartile4th4th4th4th1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.5%10.1%7.8%21.8%10.9%
Sector5.5%3.7%0.6%25.7%14.8%
Rank within sector195 / 27854 / 26917 / 264185 / 257200 / 251
Quartile3rd1st1st3rd4th
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.
2.94
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.
1.05
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.
0.43
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%.
10.59
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.
3.57
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.
0.86
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.
0.89
Price movement
52 week high269.6
52 week low211.8
Current bid price-
Current offer price-
Current mid price247
Region
1UK85.76%
2USA5.88%
3Money Market4.79%
4France3.11%
5Denmark0.46%
Industry sector
1Consumer Services23.52%
2Consumer Goods20.77%
3Industrials19.79%
4Financials10.8%
5Oil & Gas8.16%
6Technology5.25%
7Money Market4.79%
8Health Care4.21%
9Utilities2.71%
Asset type
1UK Equities85.76%
2US Equities5.88%
3Money Market4.79%
4French Equities3.11%
5Danish Equities0.46%
Individual holdings
1UNILEVER6.46%
2DIAGEO6.3%
3WOLSELEY PLC4.73%
4COMPASS GROUP4.52%
5RELX PLC4.29%
6FIDELITY INSTITUTIONAL LIQUIDITY GBP A DIS4.28%
7HSBC HLDGS4.25%
8BUNZL4.11%
9SHIRE PLC3.75%
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 growth from a portfolio primarily invested in the shares of UK companies. The portfolio is likely to be concentrated although the authorised corporate director is not restricted in terms of number of holdings and is not restricted in its choice of company by either size or industry. A concentrated portfolio may comprise a smaller number of holdings having a large weighting in the overall portfolio and any price movement of any individual holdings may impact the Fund to a greater extent than if the Fund’s investments were comprised of a larger number of holdings. The Fund may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits. The Fund can use derivatives for the purpose of efficient portfolio management with the aim of risk or cost reduction or to generate additional capital or income in line with the Fund's risk profile.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Aruna Karunathilake03/12/2007Aruna Karunathilake is a Portfolio manager at Fidelity Worldwide Investment (FIL). From FIL's London headquarters Mr Karunathilake manages the Fidelity UK Aggressive Fund. He has run this fund since December 2007. Mr Karunathilake has also been managing the Fidelity UK Multi Manager Institutional portfolios since December 2006. Prior to becoming a portfolio manager, Mr Karunathilake spent 6 years as a research analyst with Fidelity Worldwide Investment. He also worked as an Analyst at Dresdner Kleinwor between 1998 and 2000. Born in Kandy, Sri Lanka in 1976, Mr Karunathilake received a MChem Chemistry from Pembroke College, Oxford University in 1998.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity UK Select Acc
Initial charge3.5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.71%
Bid price-
Offer price-
Mid price250.9
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK05
Fidelity UK Select Inst
Initial charge-
Annual charge0.8%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price259.8
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEWL7
Fidelity UK Select W Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price247
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJTYC
Data provided by

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