Fidelity Australian Equities - Managed Fund

Fund Objective

To achieve returns in excess of the benchmark over the medium to long term.

Fund Strategy

The Fidelity Australian Equities option provides investors with the potential for long-term capital growth and some income by investing in a diversified portfolio of listed Australian shares. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-1.62%	3.76%	7.56%	21.79%	10.39%	4.83%	7.79%	8.13%
Growth return	-1.62%	3.66%	0.94%	12.66%	4.48%	-3.13%	0.54%	2.84%
Income return	0%	0.1%	6.62%	9.13%	5.91%	7.96%	7.25%	5.29%
Market index (S&P/ASX 200 TR AUD)
Total return	-1.31%	2.1%	8.44%	24.89%	13.39%	8.01%	8.17%	8.32%

As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity Australian Equities

Australian Equities: 97.78%

Cash: 2.22%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 93.36%

Cash: -0.08%

International Equities: 4.21%

Property: 2.11%

Fixed Interest: 0.40%

Alternatives: 0.01%

General Information

Fund Details

Type	Description
Fund Name	Fidelity Australian Equities
APIR Code	FID0008AU
Sector/Asset Class	Equity Australia Large Blend
Morningstar Rating	(as at 31 Oct 2024)
Legal Structure	Investment Fund
Fund Inception	30 Jun 2003
Fund Size	$4707.33 million (as at 31 Oct 2024)
Entry Price	$37.8184 (as at 21 Nov 2024)
Exit Price	$37.7052 (as at 21 Nov 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.85% (as at 30 Jun 2024)
Indirect Cost Ratio (ICR)	0.85% (as at 30 Jun 2024)
Performance fee (not included in ICR)	0
Minimum initial investment	$25,000
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024)	Type	% of Portfolio
Commonwealth Bank of Australia	Equity	11.07%
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FAQs about the Fidelity Australian Equities

What is the objective of the Fidelity Australian Equities managed fund?

The objective of the Fidelity Australian Equities managed fund is To achieve returns in excess of the benchmark over the medium to long term.

What is the strategy for the Fidelity Australian Equities managed fund?

The strategy of the Fidelity Australian Equities managed fund is The Fidelity Australian Equities option provides investors with the potential for long-term capital growth and some income by investing in a diversified portfolio of listed Australian shares. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.

What is the APIR code of the Fidelity Australian Equities managed fund?

The APIR code of the Fidelity Australian Equities managed fund is FID0008AU.

What was Fidelity Australian Equities’s total return last month?

Fidelity Australian Equities’s total return last month was -1.62%. This was made up of a growth return of -1.62% and an income return of 0%. These returns were calculated as at 31 Oct 2024.

What was Fidelity Australian Equities’s total return for the last three months?

Fidelity Australian Equities’s total return for the last three months was 3.76%. This was made up of a growth return of 3.66% and an income return of 0.1%%. These returns were calculated as at 31 Oct 2024.

What is Fidelity Australian Equities’s one-year total return?

Fidelity Australian Equities’s one-year total return is 21.79%. This was made up of a growth return of 12.66% and an income return of 9.13%. These returns were calculated as at 31 Oct 2024.

What is Fidelity Australian Equities’s three-year total return?

Fidelity Australian Equities’s one-year total return is 4.83%. This was made up of a growth return of -3.13% and an income return of 7.96%. These returns were calculated as at 31 Oct 2024.

What is the asset allocation of the Fidelity Australian Equities managed fund?

The asset allocation of the Fidelity Australian Equities managed fund is :

Australian Equities: 97.78%

Cash: 2.22%

International Equities: 0%

Property: 0%

Fixed Interest: 0%

Alternatives: 0%

What sector/asset class does the Fidelity Australian Equities managed fund belong to?

The Fidelity Australian Equities managed fund belongs to the Equity Australia Large Blend sector/asset class.

What is the size of the Fidelity Australian Equities managed fund?

As at 31 Oct 2024, the size of the Fidelity Australian Equities managed fund was $4707.33 million.

What is the inception date of the Fidelity Australian Equities managed fund?

The Fidelity Australian Equities managed fund has an inception date of 30 Jun 2003.

What is the current entry price of the Fidelity Australian Equities managed fund?

The current entry price of the Fidelity Australian Equities managed fund is $37.8184 per unit and the current exit price is $37.7052 per unit (as at 21 Nov 2024).

What is the current exit price of the Fidelity Australian Equities managed fund?

The current exit price of the Fidelity Australian Equities managed fund is $37.7052 per unit and the current entry price is $37.8184 per unit (as at 21 Nov 2024).

What is the minimum investment amount for the Fidelity Australian Equities managed fund?

The minimum initial investment amount for the Fidelity Australian Equities managed fund is $25,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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