Bestinvest Logo
Learning
fund
top rated icon
Info icon

Back to result

FIDELITY GLOBAL DIVIDEND R

Bestinvest LogoInvests in equities worldwide with a target yield 25% above the MSCI AC World Index

PRICE (INC)

-

PRICE (ACC)

113.9p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.76%

ONGOING CHARGE

0.76%

YIELD

2.8%

1 YEAR
5.92%
Invest Now

Prices as at 07 Dec 2023.

Fund commentary last updated 12 Oct 2022.

Past performance is not an indication of future performance.

Capital at risk.

The Fund aims to increase the value of investor's 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.

Fund summary

SectorGlobal Equity Income
StructureOEIC
LaunchedJuly 2021
Size£3,466m
Yield2.8%
Dividends paidMonthly

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.76%
Ongoing Charges Figure0.76%

Investment Process

The manager’s approach is primarily bottom-up, looking at each individual holding in the portfolio and making a judgement call on dividend sustainability given balance sheet strength. He manages the fund in a conservative manner, with an emphasis on limiting potential downside risk by selecting companies with strong fundamentals, sustainable earnings growth, and those trading on attractive valuations which provide a sufficient margin of safety. The focus is primarily on larger global stocks – those with a market cap of over $5bn. The manager is benchmark agnostic (individual sector weights can go up to 25%, whilst regional allocation can be +/- 25% on a relative basis; the fund’s active share is typically >90%). The manager is looking to strike a balance between delivering a headline yield and a growing distribution per unit. The portfolio typically holds around 50 stocks, with a maximum position size of around 4%.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning