Fidelity Funds - Absolute Return Global Equity Fund Y-PF-Acc-USD header image

Fidelity Funds - Absolute Return Global Equity Fund Y-PF-Acc-USD

Fund

ISIN LU2210152661 / Valor null

NAV (2025-02-07)
USD 13.40+0.83%

Fidelity Funds - Absolute Return Global Equity Fund Y-PF-Acc-USD
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General Objective

The fund aims to provide an absolute return over the medium to long term by delivering positive returns primarily through stock selection. It is market neutral, with no bias towards beta, style, country, or sector, offering a diversified return stream for investors.

Fund Exposure

Managed by Fidelity’s Systematic Equities team, this fund gives exposure to the breadth and depth of Fidelity’s fundamental research by taking long exposure in the highest conviction Buy rated companies and short exposure in the highest conviction Sell rated companies in a portfolio of around 150-200 stocks. The fund invests at least 70% of its assets in equities of companies anywhere in the world, including emerging markets, as well as cash and money market instruments. It typically has between -30% and 30% net equity exposure and may seek exposure to eligible REITs.

Risks

This fund is classified as a medium risk class (3 out of 7) and may be exposed to the risk of financial loss if a counterparty used for derivative instruments defaults. Additionally, the value of the investment may fall as well as rise, and investors may get back less than they originally invested.

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Source

https://www.fidelity.lu/funds/factsheet/LU2210151697

Tags:
msci world global equity absolute return

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Annual Return

-50%0%+50%

Risk level

110
0.76%GBP 1.32
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0.82%PLN 13.48
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Annual Return

-50%0%+50%

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0.80%GBP 1.39
Fidelity Funds - Absolute Return Global Equity Fund A-PF-Acc-Euro (Euro/USD hedged)
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Annual Return

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