Fidelity Global Dividend W
Invests in equities worldwide with a target yield 25% above the MSCI AC World Index
PRICE (INC)
207.5p
PRICE (ACC)
277.1p
INITIAL CHARGE
0%
ANNUAL MANAGEMENT CHARGE
0.75%
ONGOING CHARGE
0.93%
YIELD
2.9%
1 YEAR
6.83%Prices as at 24 Jun 2022.
Fund commentary last updated 14 Oct 2021.
Past performance is not an indication of future performance.
Capital at risk.
Fund summary
| Sector | Global Equity Income |
|---|---|
| Structure | OEIC |
| Launched | October 2012 |
| Size | £2,351m |
| Yield | 2.9% |
| Charging Basis | Capital |
| Dividends paid | 18 Jan, 18 Apr, 18 Jul, 18 Oct |
Charges
| Standard Initial Charge | 0% |
|---|---|
| Initial Charge Via BestInvest | 0% |
| Additional Bid/Offer Spread | 0% |
| Annual Management Charge | 0.75% |
| Ongoing Charges Figure | 0.93% |
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. The fund is managed 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 stocks – those with the market cap / free float of $1bn+. 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 growing distribution per unit.
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