Fidelity American Special Situations W Acc
SEDOL: B89ST70 | ISIN: GB00B89ST706 | MEX: FICNRT | CITI: GMUH
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Buy 1,687 GBX
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Sell 1,687 GBX
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Price Change 0.41670%
Past Performance
- 25th Feb 2016 to 25th Feb 201737.75%
- 25th Feb 2017 to 25th Feb 2018-5.24%
- 25th Feb 2018 to 25th Feb 201911.41%
- 25th Feb 2019 to 25th Feb 20203.90%
- 25th Feb 2020 to 25th Feb 20212.06%
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 US companies. The fund will invest in companies believed to be undervalued with growth potential not fully recognised by the market. The companies will be either listed, incorporated, domiciled, or have significant business activities in the region. The remainder will be invested in companies outside the US and in other investment types such as cash and derivatives. Derivatives are investments whose value is linked to another investment, or to the performance of a stock exchange or to some other variable factor, such as interest rates and used to reduce risk or transaction costs and/or to generate extra income or further increase the value of your investment. The fund is actively managed without reference to a benchmark. The fund has full discretion in its choices of investments within its objectives and policies. Income earned by the fund is paid into the fund and reflected by an increase in the value of each share. Shares can usually be bought and sold each business day of the fund. The return you will receive depends on the performance of the underlying assets.
Key Information
| Inception | 10th Nov 1980 |
| Historic Yield | 0% |
| Sector | IA North America |
| Fund Size | £482.527mn |
| Fund Type | OEIC |
| Classification | Accumulation |
Charges
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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% |
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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
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
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 feeIncludes 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 chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct 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 |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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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 appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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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 |
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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 |
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What you might get back at with charges applied
What you might get back at with charges appliedThese 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
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Chart Options
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This fund's IA Sector (IA North America)
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Current Comparators -
Cumulative Performance
1 month 3 months 6 months 1 year 3 years 5 years 1.20% 7.25% 14.76% 2.06% 18.14% 54.20%
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
View Fund Allocation by:
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.
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.
400,666 bytes PDF Document; last updated 31 Dec 2020
102,396 bytes PDF Document; last updated 19 Jan 2021
4,497,914 bytes PDF Document; last updated 29 Feb 2020
3,031,164 bytes PDF Document; last updated 31 Aug 2020
3,952,457 bytes PDF Document; last updated 27 Jan 2021
Management Team
Angel Agudo Ashish Bhardwaj
Angel Agudo
has managed this fund for 8 years and 2 months.
Angel Agudo joined Fidelity in 2005 as an analyst covering European banks, Media, Iberian stocks, Construction, and European Industrials. He went on to become assistant Portfolio Manager on the FF Global Opportunities Fund (SICAV), and subsequently, the FF Global Industrials Fund (SICAV). In January 2011 he began co-managing FF Global Industrials Fund (SICAV) until February 2012. In November 2011, Angel also took on the responsibility of managing a US Equity pilot fund seeded by Fidelity with a value style bias. He became the lead portfolio manager for the FIF American Special Situations Fund (OEIC) in December 2012 with responsibility for the FF America Fund (SICAV) from June 2014.Angel started his career with Orla in 1997 in medical equipment design and sales, before moving to LVMH in IT and Operations. He holds an MBA from IMD Business School Lausanne and an MSc in Mechanical Engineering from ICAI (Madrid).
Manager Cumulative Performance v Peer Group
All funds managed by Angel
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Fidelity America | Co | Jun 2014 |
Ashish Bhardwaj
has managed this fund for 7 months.
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
All funds managed by Ashish
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Fidelity Global Indus | Co | Oct 2015 |
Fund News
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Value investing has had a tough time – but it shouldn’t be ignore...
19th May 2020 READ MORE