Fidelity Global Property Fund W-Accumulation

Property

Rated Fund 2017-2018. Finds property companies on attractive valuations worldwide

Fidelity Global Property was launched in 2006 and has been managed since 2013 by Dirk Philippa. It invests in the shares of property companies globally rather than directly in bricks and mortar. Performance has improved following Philippa's decision to reduce the portfolio to 40 shares and to focus more on larger companies with good dividend yields.

When deciding where to invest globally and in which sectors, his main focus is on stock picking. His core philosophy is to invest in property securities with valuation anomalies relative to their own history, peers or other regions. He also seeks securities offering quality at a reasonable price, which he believes can achieve superior growth.

Narrative and ratings content all as of 01 January 2018.

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Name
Fidelity Global Property Fund W-Accumulation
Manager
Fidelity (FIL Investment SVCS (UK) Ltd)
Type
Open Ended Investment Company
ISIN
GB00B7K2NZ09
Sector
Property
Launched
15/10/2012
OCF
0.95 %
Risk Rating
2
3 Year Sharpe
0.99
3 Year Alpha
-0.10
Yield
1.9 %
Benchmark
FTSE EPRA/NAREIT Developed TR GBP
The Fund’s investment objective is to achieve a combination of income and long term capital growth from a portfolio primarily made up of the securities of companies principally involved in the real estate industry and other real estate-related investments.
Holding %
Prologis Inc 5.44 %
Fidelity ILF - USD A Acc 5.19 %
Sun Hung Kai Properties Ltd 4.97 %
Deutsche Wohnen SE 4.37 %
American Homes 4 Rent Class A 3.92 %
Mitsui Fudosan Co Ltd 3.91 %
Mitsubishi Estate Co Ltd 3.63 %
Welltower Inc 3.52 %
Goodman Group 3.41 %
Sun Communities Inc 3.17 %
Region %
United States 49.29 %
Eurozone 15.35 %
Asia - Developed 14.90 %
Japan 7.84 %
Australasia 5.91 %
Sector %
Real Estate 99.99 %
Name
Fidelity (FIL Investment SVCS (UK) Ltd)
Address
TN11 9DZ, Hildenborough Kent, United Kingdom
UCITS
Yes
Legal Structure
Open Ended Investment Company

Managers

Dirk Philippa
Joined 10/01/2013

Data provided by Morningstar.

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