Fact sheet: Fidelity Global Telecom

Fund information

Fund name
Fidelity Global Telecommunications W GBP
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Torsten Achtmann
since 01/01/2008
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 involved in the development, manufacture or sale of telecommunications services or equipment. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, 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 Telecommunications
Investment style
Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

-

1 Year rank in sector

-

Sector

FO Equity - Tech Media & Telecom

Yield
-
Fund size

£ 115.0 m

FE Risk score

111

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    22.9%
  • Japan
    16.3%
  • Others
    15.4%
  • UK
    9.9%
  • New Zealand
    8.1%
  • Telecommunications Utilities
    94.2%
  • Information Technology
    1.9%
  • Consumer Discretionary
    1.7%
  • Money Market
    1.1%
  • Real Estate
    1.1%
  • US Equities
    22.9%
  • Japanese Equities
    16.3%
  • International Equities
    15.4%
  • UK Equities
    9.9%
  • New Zealand Equities
    8.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-5.6 %-4.57 %0 %22.55 %47.94 %
Sector3.79 %10.5 %24.34 %48.13 %96.8 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund-2.38 %17.64 %6.61 %3.02 %24.19 %
Sector21.62 %9.86 %8 %11.26 %26.51 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha6.99
Beta0.25
Sharpe0.58
Volatility11.43
Tracking error14.64
Information ratio-0.23
R-Squared0.08

Price movement

52 week high1.409
52 week low1.243
Current bid price0
Current offer price0
Current mid price1.315

Holdings by region

  • 22.9% USA
  • 16.3% Japan
  • 15.4% Others
  • 9.9% UK
  • 8.1% New Zealand
  • 7.9% China
  • 5.9% Germany
  • 4.2% France
  • 2.9% Singapore
  • 2.7% Hong Kong

Holdings by sector

  • 94.2% Telecommunications Utilities
  • 1.9% Information Technology
  • 1.7% Consumer Discretionary
  • 1.1% Money Market
  • 1.1% Real Estate

Holdings by asset type

  • 22.9% US Equities
  • 16.3% Japanese Equities
  • 15.4% International Equities
  • 9.9% UK Equities
  • 8.1% New Zealand Equities
  • 7.9% Chinese Equities
  • 5.9% German Equities
  • 4.2% French Equities
  • 2.9% Singapore Equities
  • 2.7% Dutch Equities

Individual holdings

  • 9.8% VERIZON COMMUNICATIONS INC
  • 9.7% AT&T INC
  • 6.8% DEUTSCHE TELEKOM AG
  • 6.5% SOFTBANK GROUP CORP
  • 6% CHINA MOBILE LTD
  • 4.9% KDDI CORP
  • 4.9% NIPPON TELEGRAPH & TELEPHONE CORP
  • 4.9% ORANGE SA
  • 4.7% VODAFONE GROUP
  • 4.5% BT GROUP