Fidelity Global Special Situations Fund W Acc

Performance History30/04/2020
Growth of 1,000 (GBP) Advanced Graph
Fidelity Global Special Situations Fund W Acc
Fund27.916.9-6.522.3-6.9
+/-Cat4.44.30.23.21.7
+/-B’mrk-0.83.7-2.70.61.7
 
Category: Global Large-Cap Blend Equity
Category Benchmark: MSCI ACWI NR USD
Key Stats
NAV
29/05/2020		 GBX 4244.00
Day Change -0.59%
Morningstar Category™ Global Large-Cap Blend Equity
IA (formerly IMA) Sector Global
ISIN GB00B8HT7153
Fund Size (Mil)
30/04/2020		 GBP 2457.56
Share Class Size (Mil)
29/05/2020		 GBP 2018.95
Max Initial Charge -
Ongoing Charge
16/01/2020		  0.92%
Morningstar Research
Analyst Report

With the backing of Fidelity's vast analytical resources, the experienced Jeremy Podger continues to keep investors on a steady path through a variety of market conditions. We continue to have high conviction in the strategy, which retains a...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeoplePositive
ParentPositive
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: Fidelity Global Special Situations Fund W Acc
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 companies globally which could include countries considered to be emerging markets as determined by the Investment Manager at its sole discretion. The investment manager will focus on companies it believes to be undervalued and whose recovery potential is not recognised by the market.
Returns
Trailing Returns (GBP)29/05/2020
YTD-0.89
3 Years Annualised6.89
5 Years Annualised10.79
10 Years Annualised*10.80
12 Month Yield 0.80
Management
Manager Name
Start Date
Jeremy Podger
01/03/2012
Jamie Harvey
01/07/2019
Inception Date
15/10/2012
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR GBPMSCI ACWI NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Fidelity Global Special Situations Fund W Acc29/02/2020
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.203.0396.17
Bond0.070.000.07
Property0.000.000.00
Cash8.895.133.76
Other0.000.000.00
Top 5 Regions%
United States51.74
Eurozone15.92
Japan9.62
Europe - ex Euro6.14
United Kingdom6.10
Top 5 Sectors%
Financial Services22.41
Technology20.95
Communication Services11.95
Healthcare11.73
Industrials9.76
Top 5 HoldingsSector%
Fidelity ILF - USD A Acc5.26
Microsoft CorpCFD3.03
Alphabet Inc ACommunication ServicesCommunication Services2.97
Apple IncTechnologyTechnology2.58
JPMorgan Chase & CoFinancial ServicesFinancial Services2.33
Increase Decrease New since last portfolio
Fidelity Global Special Situations Fund W Acc

Related

Fund Research & Insights
What Next for Emerging Markets?
Could 2020 be the year that emerging markets finally outperform US stocks? We highlight the countries to watch
James Gard
Fund Research & Insights
Fidelity Special Situations: Turning £10,000 to £3.7m
Anthony Bolton's legendary status and enviable performance record has left big boots to fill. Still, the fund continues to outperform
David Brenchley
Fund Research & Insights
Fidelity Fulcrum Fees Too Complex say Analysts
Performance fund fees add another layer of complexity say Morningstar analysts. Most asset managers are trying to simplify the experience of the end i...
Peter Brunt
Fund Research & Insights
Fidelity Fee Change and New Income Options
NEWS YOU CAN USE: This month saw a flurry of income fund launches and further details of Fidelity’s new performance fee
Emma Simon
Equity Research & Insights
Wind Energy Options for the UK Investor
Denmark’s Dong Energy, which is held by a range of UK funds, has won a contract to build the world’s biggest windfarm off the coast of Yor...
James Gard
Equity Research & Insights
Are Insurance Stocks Worth the Risk?
Coronavirus has led to surge in claims for the insurance industry. While many companies are slashing dividends, Asian companies are thriving
James Gard
Fund Research & Insights
Investors Turn Risk-On in April
With stock markets recovering, investors are feeling bullish. After record outflows in March, investors poured almost £5 billion into funds in A...
Annalisa Esposito
ESG
Fund Firms Must do More on Human Rights, Says Report
Research by ShareAction finds fund giants must do more on human rights, and US asset managers lagging those in Europe and Asia
Annalisa Esposito
Fund Rating News
Morningstar Fund Ratings: Weekly Round-up
Two Vanguard trackers are among this week's sweep of rating changes by Morningstar analysts 
Dimitar Boyadzhiev
Fund Research & Insights
Funds That Buy Like Warren Buffett
Warren Buffett's track record may be hard to match, but plenty of UK funds own his favourite stocks, including Apple, Coca-Cola and Kraft Heinz
James Gard
* This share class has performance data calculated prior to the inception date, 2012-10-15. This is based upon a simulated/extended track record, using the track record of Fidelity Global Special Sits A Acc (ISIN: GB00B196XG23), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.
  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.      Terms of Use     Privacy Policy.    Cookie Consent
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Member User Agreement        Cookies

The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Morningstar Star Rating for Stocks, please visit here

Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company. The Quantitative Fair Value Estimate is calculated daily. It is a projection/opinion and not a statement of fact. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Quantiative Fair Value Estimate, please visit here