Fidelity Special Situations Fund W-Accumulation
A Select 50 Fund - Fidelity insight
Category UK Flex-Cap Equity
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
4,814.00p
35.00p (+0.73%)
Fund Code
WSSA
B88V3X4
GB00B88V3X40
Prices updated as at 23 Apr 2024
Prices in GBX
Investment objective
The Fund aims to increase the value of investor's investment over a period of 5 years or more. The Fund will invest at least 70% in equities (and their related securities) of UK companies (those domiciled, incorporated or having significant business in UK and those which are listed in the UK). The Investment Manager will focus on companies it believes to be undervalued and whose recovery potential is not recognised by the market. It is not restricted in terms of size or industry. The Fund is actively managed without reference to a benchmark.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.
- Key stats
- Growth
- Fidelity insight
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Our view
Why we like the fund:
This fund invests primarily in companies listed in the UK, although it may invest smaller amounts into companies listed outside the UK. The manager is a seasoned UK investor and has been running this strategy for a long time. He benefits from an extensive, high-quality pool of company researchers in the wider team. Given the manager’s contrarian approach, his long experience as an investor is a distinct advantage. Being contrarian requires an even temperament that is honed over a few market cycles. He is also willing to invest in smaller companies, an area in which Fidelity has expertise in the UK market.
How to use the fund:
This fund could be helpful for clients seeking a sensibly managed UK equity fund within a wider investment portfolio. It is higher risk and its capital value may be subject to fairly substantial, but usually fairly transitory, drawdowns. Investors will need to take a long-term view of ten years or more. This fund may blend well with a fund like the Liontrust UK Growth Fund.
