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Fidelity Global Demographics Fund

Fidelity Global Demographics Fund
Fund fact sheet Invest now

About this fund

A diversified portfolio of global securities where growth is likely to be driven by demographic trends including ageing, evolving consumption and resource efficiency.

Aims to exploit market inefficiencies by targeting  the beneficiaries of demographic trends early, seeking out companies with innovative products and services that will address evolving demographic needs.

We invest at least 80% of the Fund in companies with high ESG ratings and up to 20% in companies with lower ESG ratings, including those with low but improving ESG characteristics.*

Why this fund

Demographics are a structural, visible, long-term mega-trend.

A focus on quality and growth companies with strong ESG credentials, that are expected to deliver value over time.

The co-manager approach ensures deep understanding of stock and industry dynamics and enables PMs to cover investment universe in greater detail.

Key facts

Unit prices (at 16/06/25)
Buy 29.5734 / Sell 29.4554
Unit price history
Buy/sell spread
0.20%/0.20%

At a glance

Objective
To achieve returns in excess of the MSCI All Country World Index NR over the medium to long term.
Benchmark
MSCI All Country World Index NR
Management costs1
0.89% p.a.
Fund size (at 16/06/25)
A$101.75M
Inception date
30 November 2012
Distribution frequency
Annually
Currency
Australian dollar

Unique identifiers

APIR code
FID0023AU
ARSN code
160557353

Fund managers

Aneta Wynimko
London
Alex Gold
London
Oliver Hextall
London

Performance2

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 2025

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 All Country World Index 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 returns as at 31 May 2025

Timeframe 1 yr
%		 3 yr
% pa		 5 yr
% pa		 7 yr
% pa		 10 yr
% pa		 Since inception
(30/11/12) % pa
Fund 4.47 11.94 9.53 10.14 9.95 14.10
Benchmark 17.45 16.44 14.07 12.57 11.16 14.45
Active return -12.98 -4.50 -4.54 -2.43 -1.21 -0.35

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 All Country World Index 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 2025

1 yr
%		 3 yr
% pa		 5 yr
% pa		 7 yr
% pa		 10 yr
% pa		 Since inception
(30/11/12) % pa
Total return 4.47 11.94 9.53 10.14 9.95 14.10
Growth -0.25 7.48 5.35 4.91 5.12 9.03
Income 4.72 4.45 4.17 5.23 4.83 5.07

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 All Country World Index 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.

DistributionDistribution (CPU)Reinvestment price
30-Jun-24134.6942$28.4685

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. 

Sectors and holdings

As at 31 May 2025

As at 31 May 2025

As at 31 May 2025

% total net assets
MICROSOFT CORP 7.7%
AMAZON.COM INC 7.0%
BOSTON SCIENTIFIC CORP 4.7%
TAIWAN SEMICONDUCTOR MFG CO LTD 4.2%
NVIDIA CORP 3.9%
META PLATFORMS INC 3.8%
APPLE INC 3.5%
ALPHABET INC 3.2%
VISA INC 3.0%
ESSILORLUXOTTICA 2.9%

As at 31 May 2025

Fund % Benchmark % Relative %
AMAZON.COM INC 7.0 2.4 4.6
BOSTON SCIENTIFIC CORP 4.7 0.2 4.5
MICROSOFT CORP 7.7 4.0 3.7
TAIWAN SEMICONDUCTOR MFG CO LTD 4.2 1.0 3.2
ESSILORLUXOTTICA 2.9 0.1 2.8

As at 31 May 2025

Fund % Benchmark % Relative %
BROADCOM INC 0.0 1.3 -1.3
TESLA INC 0.0 1.2 -1.2
JPMORGAN CHASE & CO 0.0 0.9 -0.9
BERKSHIRE HATHAWAY INC DEL 0.0 0.8 -0.8
ELI LILLY & CO 0.0 0.7 -0.7

Fund ratings3

Organisation Rating / Recommendation
Lonsec
Recommended5
The Lonsec Report is only available to financial advisers, please contact us for a copy.
Morningstar Neutral6

Ways to invest

Direct investment
Invest via platform

This Fund is unhedged and is subject to the risk of fluctuations in international stock markets and currencies. 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. Prior to December 2006, the benchmark for the fund was MSCI World ex Australia.

*High ESG ratings are defined as issuers rated by Fidelity ESG ratings as a B or above, or in the absence of a rating from Fidelity, an MSCI ESG rating of A or above. Issuers that have low but improving ESG characteristics may be on an improving trajectory or demonstrate potential for improvement through the implementation and execution of a formal engagement plan. The definition for high ESG ratings, or criteria used to determine improvement, may change over time and will be updated in the Supplementary information about Fidelity’s Sustainable Investing Framework

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. 

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.

4You 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.

5The Lonsec Rating (assigned April 2025) 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.

6 ©2025 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice or ‘class service’ have been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement (Australian products) or Investment Statement (New Zealand products) before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782 ("ASXO"). Rating assigned March 2025. 

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