Fact sheet: Fidelity Special Situations

Fund information
Fund name
Fidelity Special Situations W Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Alex Wrightsince 01/01/2014
Fund objective
Aims to provide long-term capital growth. Invests primarily in the shares of UK companies blending investments in larger, medium-sized and smaller companies. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
15.8%
1 Year rank in sector
64/273
Sector
UT UK All Companies
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.94%
Fund size
£3,255m (£2,868m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
87
Mid price
3655
Top in this sector
Fund name1 Year
Elite Webb Cap SmCos Inc&Gth37.1%
MI Chelverton UK Equ Grth34.5%
Unicorn UK Growth33.7%
MFM Bowland32.7%
Blackrock Inst Eq UK Sm Cos31.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK82.1%
    USA9.7%
    Ireland4%
    Italy1.4%
    Germany1.3%
  • Financials36.1%
    Industrials25.6%
    Consumer Services13.9%
    Oil & Gas6.5%
    Health Care4.7%
  • UK Equities82.1%
    US Equities9.7%
    Irish Equities4%
    Italian Equities1.4%
    German Equities1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%4.1%3.7%15.8%48%93.9%
Sector-0.4%1.2%1.8%13.2%29.7%61.6%
Rank within sector10 / 27812 / 27756 / 27664 / 27322 / 25629 / 243
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund13.2%14.4%12.3%-0.9%32.7%
Sector10.6%11.2%3.7%0.6%25.7%
Rank within sector61 / 27397 / 26333 / 256199 / 25054 / 243
Quartile1st2nd1st4th1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
3.27
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.1
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.89
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.67
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.41
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.89
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.84
Price movement
52 week high3681
52 week low3123
Current bid price-
Current offer price-
Current mid price3655
Region
1UK82.1%
2USA9.7%
3Ireland4%
4Italy1.4%
5Germany1.3%
6Canada1.1%
7Japan0.5%
8Portugal0.5%
9Sweden0.3%
Industry sector
1Financials36.1%
2Industrials25.6%
3Consumer Services13.9%
4Oil & Gas6.5%
5Health Care4.7%
6Technology3.9%
7Basic Materials3.5%
8Telecommunications2.6%
9Consumer Goods1.6%
Asset type
1UK Equities82.1%
2US Equities9.7%
3Irish Equities4%
4Italian Equities1.4%
5German Equities1.3%
6Canadian Equities1.1%
7Japanese Equities0.5%
8Portuguese Equities0.5%
9Swedish Equities0.3%
Individual holdings
1CITIGROUP INC5.92%
2ROYAL DUTCH SHELL5.66%
3CRH4.91%
4LADBROKES CORAL GROUP PLC3.67%
5LLOYDS BANKING GROUP PLC3.64%
6SHIRE PLC3.63%
7PHOENIX GROUP HLDGS2.93%
8BT GROUP2.55%
9FERGUSON PLC2.51%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to provide long-term capital growth. Invests primarily in the shares of UK companies blending investments in larger, medium-sized and smaller companies. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Alex Wright01/01/2014Alex Wright has 10 years investment experience. He joined Fidelity as an analyst in 2001 and was promoted to portfolio manager in February 2008. Alex had previously run an internal European financials pilot fund (For 6 months in 2006) and the predecessor to UK Smaller Companies, a UK small cap pilot fund, for 8 months from mid 2007 until March 2008. He also manages a Fidelity pilot fund (AUM $1m) benchmarked vs the FTSE All Share index. Alex graduated from Warwick University with 1st class HoNours degree in EcoNomics in 2001 and a CFA Charterholder.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity Special Situations A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price3962
CurrencyGBX
Price updated11/12/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK07
Fidelity Special Situations W Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price3655
CurrencyGBX
Price updated11/12/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGMUF
Fidelity Special Situations Y Acc GBP
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price236.5
CurrencyGBX
Price updated11/12/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQN2
Data provided by

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