Part of our Foundation Fundlist Fidelity American Special Situations W Acc

SEDOL: B89ST70 | ISIN: GB00B89ST706 | MEX: FICNRT | CITI: GMUH

  • Buy 1,969 GBX

  • Sell 1,969 GBX

  • Price Change -0.15210%

Accumulation

Past Performance

  • 27th Oct 2016 to 27th Oct 20174.73%
  • 27th Oct 2017 to 27th Oct 20185.07%
  • 27th Oct 2018 to 27th Oct 20193.91%
  • 27th Oct 2019 to 27th Oct 2020-6.09%
  • 27th Oct 2020 to 27th Oct 202131.53%

Objectives and Approach

The Fund aims to increase the value of your investment over a period of 5 years or more. The Fund will invest at least 70% in equities (and their related securities) of US companies (those domiciled, incorporated or having significant business in the US and those which are listed in the US). The Investment Manager will choose companies it believes are undervalued and whose growth potential is not fully recognised by the market. It is not restricted in terms of size or industry. The Fund is actively managed without reference to a benchmark. The Fund may also invest into other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management. The Fund's performance can be compared to the S&P 500 NUK Index as the index constituents are representative of the type of companies the Fund invests in. NUK means Net Total Return (WHT 15%). NUK is a customised index variant, designed and maintained by S&P, which aligns more closely with this Fund's withholding tax treatment. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK Investment Managers), to facilitate comparison between funds with broadly similar characteristics. This Fund is classified in the IA North America sector. Performance data on funds within this sector may be prepared and published by data providers and will be used when evaluating the performance of this Fund. The IA sector most closely reflects the combination of assets in the Fund.

Key Information

Inception 10th Nov 1980
Historic Yield 0%
Sector IA North America
Fund Size £590.650mn
Fund Type OEIC
Classification Accumulation

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
1.40%
Initial Charge 0%
AMC 0.75%
Our Platform Charge
We charge a platform fee starting at 0.35% for the first £250,000 of assets. Our charges for assets above £250,000 are shown on our rates and charges sheet
0.35%

Part of our Foundation Fundlist Part of our Foundation Fundlist
WHY IS THIS FUND ON OUR FOUNDATION FUNDLIST?

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.40%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

  • Chart Options

    Select Timeframe
    From
    To
    Add comparator to chart
    None
    This fund's IA Sector (IA North America)
    Another IA Sector
    Add a Fund Manager to compare to the chart 1. Choose management group 2. Choose manager
    Search for Symbol Comparator
      Search for Fund Comparator
        Add a FTSE Index

        Current Comparators


        • Cumulative Performance

          1 month3 months6 months1 year3 years5 years
          3.04% 4.35% 5.86% 31.53% 28.36% 41.25%

          Important Information
          Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

          The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



        Composition

        Important Documents


        The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

        Fund Provider Factsheet
        The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
        FUND PROVIDER FACTSHEET
        354,210 bytes PDF Document; last updated 30 Sep 2021
        Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
        KEY INVESTOR INFORMATION DOCUMENT
        102,442 bytes PDF Document; last updated 16 Jun 2021
        Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
        ANNUAL REPORT
        91,215,522 bytes PDF Document; last updated 28 Feb 2021
        Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
        SEMI-ANNUAL REPORT
        3,031,164 bytes PDF Document; last updated 31 Aug 2020
        Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
        PROSPECTUS
        5,304,678 bytes PDF Document; last updated 25 Aug 2021

        Management Team

        Ashish Bhardwaj Rosanna Burcheri

        Ashish Bhardwaj has managed this fund for 1 month.

        Ashish Bhardwaj Ashish Bhardwaj joined Fidelity in 2009 as an Asian equity analyst, based in Mumbai. In 2012 he relocated to London to join the US equity research team. He initially covered Indian autos, construction, materials and infrastructure stocks while in Asia, before subsequently taking on coverage for US aerospace & defence, transportation, logistics and industrial services. In 2015 Ashish was promoted to Portfolio Manager and commenced managing the FF Global Industrials Fund. Prior to joining Fidelity, Ashish worked for a number of technology companies. He was a software engineer at IBM and Business Evolutions, and a project leader at ServiceSPAN. Ashish has a B.Tech in Electronics & Communication Engineering from the Indian Institute of Technology in Kharagpur (India), a MS in Computer Science from the University of Massachusetts at Amherst (US), as well as an MBA from Booth School of Business at the University of Chicago (US).

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Ashish

        Name of Security Sole/Co Managed Since
        Fidelity America Co Sep 2021
        Fidelity Global Indus Sole Oct 2015

        Rosanna Burcheri has managed this fund for 1 month.

        Rosanna Burcheri Rosanna manages Artemis' 'global select' strategy with Simon Edelsten and Alex Illingworth. After graduating in economics from Bocconi University in 1996, she joined Paribas Asset Management as a junior fund manager. In 2000, she moved to M&G as a fund manager and director responsible for pan-European equity portfolios. As a senior European portfolio manager at Shell Pension Management Service from 2004, she controlled £710m of assets. Then, in 2006, Rosanna became a partner and pan-European fund manager for FrontPoint Management (UK). She came to Artemis in 2011.

        Manager Cumulative Performance v Peer Group

        Performance Graph

        All funds managed by Rosanna

        Name of Security Sole/Co Managed Since
        Fidelity America Co Sep 2021

        Investment involves risk. You may get back less than invested.