Fidelity Australian Equities Fund
|4 Ways to Navigate Volatility|
|Running Down a Coal Mine Could Beat Selling it|
|2021/22 Fidelity Year in Review: Australia|
|Investing Mistakes During a Crisis|
About this Fund
|FUND MANAGER||Fidelity International|
|ASSET CLASS||AUSTRALIAN EQUITIES|
|INVESTMENT STYLE||Invests in a diversified selection of around 30 to 50 Australian companies. Using a bottom-up stock-selection approach that focuses on undiscovered earnings potential, value and growth and is designed to be a core holding.|
|INVESTMENT PROFILE||Investment return objective is to achieve returns in excess of the Benchmark over the suggested minimum investment time period of five to seven years.|
|BENCHMARK||S&P/ASX 200 Accumulation Index|
|FUND SIZE||S&P/ASX 200 Accumulation Index|
|NO. OF HOLDINGS||30-50|
Benefits of investing in the Fidelity Australian Equities Fund
The Fidelity Australian Equities Fund is an actively managed portfolio of Australian shares. Some of the features of the Fund include:
Some of the benefits that may arise from an investment in the Fund include:
Risk level: High
The potential for loss and unit price variability over the short term is high.
The Fund is suitable for Investors looking for a core Australian equities investment who have a tolerance for a high amount of risk.
What will we invest your money in?
The Fund may invest in a variety of shares, derivatives and cash. The Fund's investments will comprise between 90% to 100% of listed Australian shares, with the remaining amount invested in cash.
Decisions to invest cash will be dependent upon the availability of other favourable investment opportunities.
We may make use of derivatives, such as futures contracts and swaps.
A derivative is a security whose price or value is dependent upon or derived from an underlying instrument (such as shares, indices, interest rates, fixed income securities, commodities, currencies, etc). A derivative contract is a contract between two or more parties and its value is determined by fluctuations in the underlying asset.
Generally, derivatives will be used for cash flow management purposes within the Fund. Any derivative exposure must be fully covered by cash or assets sufficient to meet any obligation that could arise.
If derivatives are used, they will comprise a small portion of the Fund's assets.
How we invest your money
Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value.
Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.
Based on this research approach, Fidelity seeks out stocks that it believes are undervalued and likely to generate growth.
The companies selected for the portfolio must demonstrate good management, strong competitive advantages and enjoy favourable industry dynamics.
Asset classes and ranges
Australian shares: 90% to 100%
Cash: 0% to 10%