Fact sheet: Fidelity Special Situations

Fund information
Fund name
Fidelity Special Situations W Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Alex Wrightsince 01/01/2014
Fund objective
The fund aims to provide long-term capital growth. It invests primarily in the shares of UK companies blending investments in larger, medium-sized and smaller companies and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23.7%
1 Year rank in sector
32/273
Sector
UT UK All Companies
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.94%
Fund size
£3,160m (£2,780m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
87
Mid price
3537
Top in this sector
Fund name1 Year
VT The Beagle38.1%
MI Chelverton UK Equ Grth37.6%
Unicorn UK Growth36.4%
MFM Bowland33%
SVS Church House DeepValInvts32.7%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK80.7%
    USA9.4%
    Money Market3.7%
    Ireland2.2%
    Denmark1.5%
  • Financials32.2%
    Industrials24%
    Consumer Services10.3%
    Oil & Gas8.1%
    Health Care5.5%
  • UK Equities79.6%
    US Equities10.1%
    Money Market4.8%
    Irish Equities2.3%
    German Equities1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%4.3%9.3%23.7%40.3%113.1%
Sector-1%3.7%8.7%19.1%24.9%74.4%
Rank within sector174 / 280101 / 280100 / 27832 / 27326 / 25924 / 243
Quartile3rd2nd2nd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund8.9%14.4%12.3%-0.9%32.7%
Sector8.1%11.2%3.7%0.6%25.7%
Rank within sector96 / 278101 / 27032 / 262203 / 25755 / 250
Quartile2nd2nd1st4th1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
2.63
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.09
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.75
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.84
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.4
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.73
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.84
Price movement
52 week high3565
52 week low2567
Current bid price-
Current offer price-
Current mid price3537
Region
1UK80.7%
2USA9.4%
3Money Market3.7%
4Ireland2.2%
5Denmark1.5%
6Germany1.2%
7Not Specified0.7%
8Italy0.6%
9Portugal0.5%
Industry sector
1Financials32.2%
2Industrials24%
3Consumer Services10.3%
4Oil & Gas8.1%
5Health Care5.5%
6Technology4.8%
7Consumer Goods4.3%
8Money Market3.7%
9Telecommunications3.6%
Asset type
1UK Equities79.6%
2US Equities10.1%
3Money Market4.8%
4Irish Equities2.3%
5German Equities1.3%
6Others0.7%
7Danish Equities0.6%
8Italian Equities0.6%
9Portuguese Equities0.5%
Individual holdings
1ROYAL DUTCH SHELL5.55%
2CITIGROUP INC5.25%
3CRH4.59%
4SHIRE PLC3.98%
5BT GROUP3.45%
6LLOYDS BANKING GROUP PLC3.45%
7ULTRA ELECTRONICS HLDGS3.41%
8LADBROKES CORAL GROUP PLC2.96%
9PHOENIX GROUP HLDGS2.96%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
The fund aims to provide long-term capital growth. It invests primarily in the shares of UK companies blending investments in larger, medium-sized and smaller companies and has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. It can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Alex Wright01/01/2014Alex Wright has over 14 years of investment experience in UK and European equity markets. He joined Fidelity in 2001 as a research analyst and has covered a number of sectors across the market capitalisation spectrum. He has managed the Fidelity Special Situations Fund since January 2014 and has been portfolio manager of the Fidelity UK Smaller Companies Fund since its launch in February 2008. He has also been responsible for managing Fidelity Special Values PLC since September 2012. Alex has a BSc (Economics) from Warwick University, where he graduated with First Class Honours, and he is also a CFA Charterholder.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity Special Situations A Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price3848
CurrencyGBX
Price updated26/06/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK07
Fidelity Special Situations W Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price3537
CurrencyGBX
Price updated26/06/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGMUF
Fidelity Special Situations Y Acc GBP
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price229.2
CurrencyGBX
Price updated26/06/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQN2
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.