Investment objective
To achieve returns in excess of the MSCI All Country World Index NR over the suggested minimum investment time period of five to seven years.
A diversified portfolio of typically 50 to 70 companies globally where demographic factors are likely to be the most important driver of companies earnings over the medium to long term.
Uses a rigorous analysis to categorise companies into whether they have already benefited from demographic trends and those who are likely to win in the future - typically domestic leaders in new growth markets or innovators.
A portfolio of both ‘winners of today’ and ‘winners of tomorrow’ focused on companies with strong management and diversified across geographies and market cap.
Key facts
Fund performance2
Net returns as at 31 May 2019
| Timeframe | Fund | Benchmark | Active return |
|---|---|---|---|
| 1 yr % | 9.67 | 7.80 | 1.87 |
| 3 yr % pa | 11.37 | 10.70 | 0.67 |
| 5 yr % pa | 14.55 | 11.61 | 2.94 |
| Since inception (30/11/12) % pa | 17.80 | 15.43 | 2.37 |
| Timeframe | 1 yr % |
3 yr % pa |
5 yr % pa |
Since inception (30/11/12) % pa |
|---|---|---|---|---|
| Fund | 9.67 | 11.37 | 14.55 | 17.80 |
| Benchmark | 7.80 | 10.70 | 11.61 | 15.43 |
| Active return | 1.87 | 0.67 | 2.94 | 2.37 |
Total net returns represent past performance only. Past performance is not a reliable indicator of future performance. Returns of the Fund can be volatile and in some periods may be negative. The return of capital is not guaranteed. Benchmark: MSCI ACWI (All Country World Index) Index NR. NR: NR at the end of the benchmark name indicates the return is calculated including reinvesting net dividends. The dividend is reinvested after deduction of withholding tax, applying the withholding tax rate to non-resident individuals who do not benefit from double taxation treaties.
See for yourself how the fund has performed since inception. The chart below represents the value now of $10,000 invested in the Fidelity Global Demographics Fund in November 2012 compared with $10,000 invested in the MSCI All Country World Index NR.
Chart as at: 31 May 2019
Total net returns represent past performance only. Past performance is not a reliable indicator of future performance. Returns of the Fund can be volatile and in some periods may be negative. The return of capital is not guaranteed. Benchmark: MSCI ACWI (All Country World Index) Index NR. NR: NR at the end of the benchmark name indicates the return is calculated including reinvesting net dividends. The dividend is reinvested after deduction of withholding tax, applying the withholding tax rate to non-resident individuals who do not benefit from double taxation treaties.
Net as at 31 May 2019
| Total return | Growth | Income | |
|---|---|---|---|
| 1 yr % | 9.67 | -2.17 | 11.84 |
| 3 yr % pa | 11.37 | 5.71 | 5.66 |
| 5 yr % pa | 14.55 | 7.95 | 6.6 |
| Since inception (30/11/12) % pa | 17.8 | 11.78 | 6.02 |
| 1 yr % |
3 yr % pa |
5 yr % pa |
Since inception (30/11/12) % pa |
|
|---|---|---|---|---|
| Total return | 9.67 | 11.37 | 14.55 | 17.8 |
| Growth | -2.17 | 5.71 | 7.95 | 11.78 |
| Income | 11.84 | 5.66 | 6.6 | 6.02 |
Growth return is the unit price movement on exit to exit basis. Income is expressed as Total Return less growth component.
Total net returns represent past performance only. Past performance is not a reliable indicator of future performance. Returns of the Fund can be volatile and in some periods may be negative. The return of capital is not guaranteed. Benchmark: MSCI ACWI (All Country World Index) Index NR. NR: NR at the end of the benchmark name indicates the return is calculated including reinvesting net dividends. The dividend is reinvested after deduction of withholding tax, applying the withholding tax rate to non-resident individuals who do not benefit from double taxation treaties.
Sectors, holdings and distributions
As at 31 May 2019
As at 31 May 2019
| % total net assets | |
|---|---|
| LVMH MOET HENNESSY SE | 3.5% |
| AMAZON.COM INC | 3.2% |
| BOSTON SCIENTIFIC CORP | 3.2% |
| ALPHABET INC | 3.1% |
| L'OREAL SA | 3.1% |
| SONOVA HLDG AG | 2.8% |
| MICROSOFT CORP | 2.8% |
| ABBOTT LABORATORIES | 2.8% |
| CSL LTD | 2.6% |
| DIAGEO PLC | 2.4% |
As at 31 May 2019
| Fund % | Benchmark % | Relative % | |
|---|---|---|---|
| LVMH MOET HENNESSY SE | 3.5 | 0.2 | 3.3 |
| BOSTON SCIENTIFIC CORP | 3.2 | 0.1 | 3.1 |
| L'OREAL SA | 3.1 | 0.2 | 2.9 |
| SONOVA HLDG AG | 2.8 | 0.0 | 2.7 |
| ABBOTT LABORATORIES | 2.8 | 0.3 | 2.5 |
As at 31 May 2019
| Fund % | Benchmark % | Relative % | |
|---|---|---|---|
| APPLE INC | 0.0 | 1.9 | - 1.9 |
| FACEBOOK INC | 0.0 | 1.0 | - 1.0 |
| JPMORGAN CHASE & CO | 0.0 | 0.8 | - 0.8 |
| NESTLE SA | 0.0 | 0.7 | - 0.7 |
| EXXON MOBIL CORP | 0.0 | 0.7 | - 0.7 |
| Distribution | Distribution (CPU) | Reinvestment price |
|---|---|---|
| 30-Jun-18 | 230.5026 | $19.0584 |
CPU = cents per unit. The above cash CPU excludes imputation credits and foreign income tax offsets which are non-cash components and are reported in the end of year tax statement. If the Distribution CPU column is 0.0000 it means that nothing was distributed.
Related insights
21st Century Themes Mini Series
Alva Devoy, Managing Director of Fidelity International Australia, breaks down the key 21st century themes and how they are impacting businesses globally.
21st century themes: The blockchain
Bitcoin erupted on a bull market and left a legacy around "blockchain" - the encrypted, distributed or public ledger on which Bitcoin is based.
Mini series: 21st century themes - Part 1 Introduction
Watch Fidelity's video on the introduction of 21st Century in mini series. Alva Devoy talks to the changing demographic environment which is impacting the way people are investing.
Why export-mad Germany and the euro can't coexist indefinitely
The reason goes to the heart of the euro crisis.
This Fund is subject to the risk of stock market fluctuations. Investors accessing the Fund through a master trust or wrap account will also bear any fees charged by the operator of such master trust or wrap account. Any apparent discrepancies in the numbers are due to rounding.
1Management costs and buy/sell spread are current as at the date of publication of this website. These fees may be subject to change in the future.
2Total returns (net) have been calculated using exit prices and take into account the applicable buy/sell spread and are net of Fidelity’s management costs, transactional and operational costs and assumes reinvestment of distributions. No allowance has been made for tax. Returns of more than one year are annualised. The return of capital is not guaranteed.
Why this fund
Designed to benefit from powerful global demographic trends.
Portfolio of 'winners of today' and 'winners of tomorrow' aims to provide long-term growth with lower volatility.
A global team providing unique insights into investment themes and ideas backed by 400 Fidelity investment professionals.
Meet Aneta Wynimko
Co-portfolio manager of the Fidelity Demographics Fund explains the philosophy of the fund which is based on long-term demographic trends and how investors in the fund can benefit from these trends.
Related insights
21st Century Themes Mini Series
Alva Devoy, Managing Director of Fidelity International Australia, breaks down the key 21st century themes and how they are impacting businesses globally.
21st century themes: The blockchain
Bitcoin erupted on a bull market and left a legacy around "blockchain" - the encrypted, distributed or public ledger on which Bitcoin is based.
Mini series: 21st century themes - Part 1 Introduction
Watch Fidelity's video on the introduction of 21st Century in mini series. Alva Devoy talks to the changing demographic environment which is impacting the way people are investing.
Why export-mad Germany and the euro can't coexist indefinitely
The reason goes to the heart of the euro crisis.
Get Fidelity insights
Fidelity Insights is a free, monthly e-newsletter that brings you valuable and distilled investment insights, opinion and education.
Thank you. You have been subscribed and will receive a confirmation email shortly.
This Fund is subject to the risk of stock market fluctuations. Investors accessing the Fund through a master trust or wrap account will also bear any fees charged by the operator of such master trust or wrap account. Any apparent discrepancies in the numbers are due to rounding.
1Management costs and buy/sell spread are current as at the date of publication of this website. These fees may be subject to change in the future.
2Total returns (net) have been calculated using exit prices and take into account the applicable buy/sell spread and are net of Fidelity’s management costs, transactional and operational costs and assumes reinvestment of distributions. No allowance has been made for tax. Returns of more than one year are annualised. The return of capital is not guaranteed.