Fidelity Global Dividend W Acc

Citicode
GMTX
Launch Date
15-10-2012
Fund Size
£3,388,370,884
Yield
2.29%
Ongoing Charge
0.92%
Fund Managers
Daniel Roberts
Benchmark: IA: Global Equity Income
Investment
Fidelity Global Dividend W Acc
3 months
6 months
1 Year
3 years
5 years

Fund Objective

The Fund aims to increase the value of your investment with low volatility versus the MSCI All Country World (Net Total Return) Index. It also seeks to deliver an income that is at least 25% more than the income produced by companies included in the index. The Fund will invest at least 70% in equities (and their related securities) of companies globally. The Investment Manager will choose investments which it believes offer attractive dividend yields in addition to price appreciation. It is not restricted in terms of size, industry, or geographical split. The Fund is actively managed without reference to a benchmark. The Fund may also invest in 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 MSCI All Country World (Net Total Return) Index as the index constituents are representative of the type of companies the Fund invests in. 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 Global Equity Income 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. The Fund's performance can also be compared to the MSCI All Country World High Dividend Yield Index as the index constituents are representative of the type of companies the Fund invests in.

Top 10 Holdings

Asset Class

Fund Manager

Daniel Roberts

Start Date

30-01-2012

Bio

Dan Roberts joined Fidelity in 2011 and has over 15 years of investment experience. He has managed the Fidelity Global Dividend and Global Enhanced Income funds since their respective launches in January 2012 and October 2013. Prior to joining Fidelity, Dan was a portfolio manager at Gartmore, where he managed their UK Equity Income Fund. Before that, he spent six years managing equity income portfolios at Aviva Investors. Dan holds a BSc (Hons) in Mathematics from Warwick University. He is also a qualified Chartered Accountant and member of the Institute of Chartered Accountants. Dan is a CFA charterholder and an Associate of the UK Society of Investment Professionals.

Data source:

All financial data is supplied by FE

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