Fidelity Global Special Situations Fund A-Accumulation


Buy/Sell Price  (as of 23/09/2016) £31.27   Day Change :  0.84%     Fund Code:  GS 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Jeremy joined Fidelity in February 2012 and manages the Fidelity Global Special Situations Fund. He has been managing global funds since 1990. He joined from Threadneedle where he was Head of Global Equities and managed the Global Select Fund since 2003 and during his tenure managed a number of other retail and institutional funds including Global Extended Alpha Funds. Prior to that, Jeremy was a fund manager at Investec for 7 years and managed the Global Free Enterprise and Global Strategic Value Funds, which had similar objectives to those of Global Special Situations. He started his career as a pan-European fund manager for Saudi International Bank in 1987 and since then he has managed European and Global equities at Mirage Resources and then Investec. Jeremy has a degree from Cambridge University and an MBA from London Business School.
Investment HouseFidelity
Fund ProviderFidelity (FIL Investment SVCS (UK) Ltd)
ManagerJeremy Podger   Biography

Fund Objective The Fund's investment objective is to achieve long term capital growth from a portfolio primarily made up of the shares of companies around the world. The fund will have a blend of investments in larger, medium and smaller sized companies. The ACD is not restricted in its choice of companies either by size or industry, or in terms of the geographical split of the portfolio and will choose stocks largely determined by the availability of attractive investment opportunities. The fund may also invest in other transferable securities, units in collective investment schemes, money market instruments, cash and deposits. Derivatives and forward transactions may also be used for investment purposes.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B196XG23
12-Month NAV High £31.27
12-Month NAV Low £23.09
Fund Comparative IndexMSCI ACWI NR EUR
Morningstar CategoryTMGlobal Large-Cap Blend Equity
Dividend FrequencyYearly
Historic Yield0.33%

Annual Charges

Morningstar ratings

 as of  31/08/2016
Overall5 star
3 Years5 star
5 Years5 star
10 YearsN/A

Growth of £1000 Help

 as of  23/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-1.039.241.0910.35-3.06
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

This fund invests more heavily than others in smaller companies, which can carry a higher risk because their share prices may be more volatile than those of larger companies.

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