Fidelity Global Demographics Fund
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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

About this fund
Unit prices (at 06/12/18) Buy 18.5147 / Sell 18.4039 Unit price history
Buy/sell spread 0.30%/0.30%
Management costs1 1.15% p.a. Fee disclosure document
Fund size (at 06/12/18) A$51.89M
Inception date 30 November 2012
Distribution frequency Annually
Currency Australian dollar
Benchmark MSCI All Country World Index NR
About the manager
Portfolio manager Aneta Wynimko/ Velislava Dimitrova
Appointed to fund 2 February 2015 / 1 October 2017
Location London
Joined Fidelity 2001/ 2008
Unique identifiers
APIR code FID0023AU
ARSN code 160557353
mFund code FIL23

Fund performance2

Net returns as at 30 November 2018

Timeframe Fund Benchmark Active return
1 yr % 4.46 2.94 1.52
3 yr % pa 7.89 8.28 -0.39
5 yr % pa 13.35 11.03 2.32
Since inception (30/11/12) % pa 17.35 15.53 1.82
Timeframe 1 yr
%
3 yr
% pa
5 yr
% pa
Since inception
(30/11/12) % pa
Fund 4.46 7.89 13.35 17.35
Benchmark 2.94 8.28 11.03 15.53
Active return 1.52 -0.39 2.32 1.82

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.

    Fidelity Global Demographics Fund
    0
    MSCI All Country World Index NR
    0

    Chart as at: 30 November 2018

    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 30 November 2018

    Total return Growth Income
    1 yr % 4.46 -6.81 11.27
    3 yr % pa 7.89 2.4 5.49
    5 yr % pa 13.35 6.83 6.52
    Since inception (30/11/12) % pa 17.35 10.86 6.49
    1 yr
    %
    3 yr
    % pa
    5 yr
    % pa
    Since inception
    (30/11/12) % pa
    Total return 4.46 7.89 13.35 17.35
    Growth -6.81 2.4 6.83 10.86
    Income 11.27 5.49 6.52 6.49

    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 October 2018

    As at 31 October 2018

    % total net assets
    UNITEDHEALTH GROUP INC 3.2%
    ABBOTT LABORATORIES 2.8%
    L'OREAL SA 2.7%
    BOSTON SCIENTIFIC CORP 2.6%
    CIGNA CORP 2.5%
    ALPHABET INC 2.5%
    LVMH MOET HENNESSY SE 2.5%
    MERCK & CO INC NEW 2.4%
    AMAZON.COM INC 2.3%
    LINDE PLC 2.3%

    As at 31 October 2018

    Fund % Benchmark % Relative %
    UNITEDHEALTH GROUP INC 3.2 0.6 2.6
    L'OREAL SA 2.7 0.1 2.6
    ABBOTT LABORATORIES 2.8 0.3 2.5
    BOSTON SCIENTIFIC CORP 2.6 0.1 2.5
    CIGNA CORP 2.5 0.1 2.4

    As at 31 October 2018

    Fund % Benchmark % Relative %
    APPLE INC 0.0 2.5 - 2.5
    MICROSOFT CORP 0.0 1.8 - 1.8
    JOHNSON & JOHNSON 0.0 0.9 - 0.9
    JPMORGAN CHASE & CO 0.0 0.9 - 0.9
    FACEBOOK INC 0.0 0.8 - 0.8
    Distribution Distribution (CPU) Reinvestment price
    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. 

    Fund ratings3

    Organisation Rating / Recommendation
    Lonsec
    Rated4
    The Lonsec Report is only available to financial advisers,
    please contact us for a copy

    Related insights

    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.

    2The returns shown have been calculated using the net asset value of the Fund from one period to the next. The returns include any re-invested distributions and are after fees and expenses. No allowance has been made for taxation or for any fees charged by operators of master trusts or wrap accounts through which the products are offered. For periods greater than one year returns have been annualised. 

    3You should refer to respective research houses (and their disclaimers below) to obtain further information about the meaning of the rating and the rating scale. Ratings are only one factor to be taken into account when deciding whether to invest. Ratings are subject to change without notice and may not be regularly updated.  Ratings are current as at date (s) stated below. Fidelity pays a fee to some research houses for rating our funds.

    4The Lonsec Rating (assigned February 2018) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to "General Advice" (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Fidelity International product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.

    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

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    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.

    2The returns shown have been calculated using the net asset value of the Fund from one period to the next. The returns include any re-invested distributions and are after fees and expenses. No allowance has been made for taxation or for any fees charged by operators of master trusts or wrap accounts through which the products are offered. For periods greater than one year returns have been annualised. 

    3You should refer to respective research houses (and their disclaimers below) to obtain further information about the meaning of the rating and the rating scale. Ratings are only one factor to be taken into account when deciding whether to invest. Ratings are subject to change without notice and may not be regularly updated.  Ratings are current as at date (s) stated below. Fidelity pays a fee to some research houses for rating our funds.

    4The Lonsec Rating (assigned February 2018) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445. The Rating is limited to "General Advice" (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Fidelity International product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria.