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
Fidelity (FIL Investment SVCS (UK) Ltd)
Type
Open Ended Investment Company
ISIN
GB00B89ST706
Sector
North America
Launched
15/10/2012
OCF
0.91 %
Risk Rating
3
3 Year Sharpe
0.36
3 Year Alpha
-3.81
Yield
0.7 %
Benchmark
S&P 500 TR GBP
The Fund’s investment objective is to achieve long term capital growth from a portfolio primarily made up of the shares of US companies. The portfolio is likely to have a bias towards medium-sized and smaller companies, although the ACD is not restricted in its choice of company by either size or industry.
Holding %
Berkshire Hathaway Inc B 6.36 %
Oracle Corp 4.84 %
Wells Fargo & Co 4.28 %
Willis Towers Watson PLC 4.24 %
T-Mobile US Inc 3.67 %
Chevron Corp 3.17 %
Exelon Corp 3.11 %
Fairfax Financial Holdings Ltd Shs Subord.Vtg 2.91 %
Bank of New York Mellon Corp 2.39 %
General Dynamics Corp 2.34 %
Region %
United States 90.61 %
Sector %
Financial Services 26.49 %
Technology 18.01 %
Healthcare 14.69 %
Energy 9.57 %
Communication Services 9.33 %
Consumer Defensive 7.03 %
Consumer Cyclical 6.28 %
Name
Fidelity (FIL Investment SVCS (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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