Fidelity American Special Situations Fund W-Accumulation

This fund’s manager Angel Agudo has a contrarian approach to investing, targeting companies suffering from specific problems that he believes will be resolved. It has been trialling a new fee structure since April 2018 – a lower base fee and a new performance fee linked to success in beating the market. Inc class is not available.

Name
Fidelity American Special Situations Fund W-Accumulation
Manager
FIL Investment Services (UK) Ltd
Type
Open Ended Investment Company
ISIN
GB00B89ST706
Sector
North America
Launched
15/10/2012
OCF
0.91 %
Risk Rating
2
3 Year Sharpe
-0.29
3 Year Alpha
-2.78
Yield
1 %
Benchmark
S&P 500 TR GBP
The Fund aims to increase the value of your investment over a period of 5 years or more.The Fund will invest at least 70% in equities (and their related securities) of US companies (those domiciled, incorporated or having significant business in the US and those which are listed in the US). The Investment Manager will choose companies it believes are undervalued and whose growth potential is not fully recognised by the market. It is not restricted in terms of size or industry. The Fund is actively managed without reference to a benchmark. The Fund may also invest into other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management.
Holding %
Berkshire Hathaway Inc B 6.76 %
Willis Towers Watson PLC 5.08 %
Oracle Corp 5.07 %
T-Mobile US Inc 4.10 %
Wells Fargo & Co 3.92 %
Fairfax Financial Holdings Ltd Shs Subord.Vtg 3.72 %
Exelon Corp 3.60 %
Chevron Corp 3.13 %
General Dynamics Corp 3.09 %
Pfizer Inc 2.82 %
Region %
United States 84.12 %
United Kingdom 8.98 %
Sector %
Financial Services 28.61 %
Technology 18.45 %
Healthcare 14.62 %
Communication Services 10.87 %
Energy 8.95 %
Consumer Defensive 6.06 %
Name
FIL Investment Services (UK) Ltd
Address
TN11 9DZ, Hildenborough, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Ashish Bhardwaj
Joined 07/01/2019

Ashish is a long-standing member of the investment team. He started his career with us in 2009 as an analyst in our Asian equity research team, based in Mumbai, before relocating to London in 2012 to join our US equity research team. He initially covered Indian autos, construction, materials and infrastructure stocks, before moving to London to cover US aerospace & defence, transportation, logistics and industrial services. Throughout his six years as an analyst, Ashish has made some great stock recommendations and proved himself as a talented investor.

Angel Agudo
Joined 12/21/2012

Data provided by Morningstar.

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