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  5. Suncorp Brighter Super Business - Fidelity Australian Equities - Managed fund profile

Suncorp Brighter Super Business - Fidelity Australian Equities - Managed Fund (Closed)

Fund Objective
To achieve a return (before fees, costs and taxes) that exceeds the S&P/ ASX 200 Accumulation Index over a period of 5 to 7 years.
Fund Strategy
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 which they believe offer the greatest scope for outperformance. Based on this research approach, the portfolio manager seeks out stocks that they believe are undervalued and likely to generate growth. The companies selected for the portfolio must demonstrate good management, strong competitive advantages and favorable industry dynamics.

Fund Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.47% 1.21% 9.2% -4.71% 5.82% 5.45% -% -%
Growth return 1.47% 1.21% 9.2% -4.71% 5.82% 5.45% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
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 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Suncorp Brighter Super Business - 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
93.38%
Cash
-0.10%
International Equities
4.21%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Suncorp Brighter Super Business - Fidelity Australian Equities
Closed
Suncorp Portfolio Services Limited
RSA0923AU
Equity Australia Large Blend
starstarstarstarstar (as at 31 Oct 2020)
Superannuation Fund
30 May 2016
$6.77 million (as at 31 Oct 2020)
$3.2402 (as at 23 Nov 2020)
$3.2337 (as at 23 Nov 2020)
Finalised
Offer information
Type Description
MER 1.45% (as at 3 Jul 2019)
Indirect Cost Ratio (ICR) 1.45% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment
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 Suncorp Brighter Super Business - Fidelity Australian Equities

The objective of the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund is To achieve a return (before fees, costs and taxes) that exceeds the S&P/ ASX 200 Accumulation Index over a period of 5 to 7 years.

The strategy of the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund is 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 which they believe offer the greatest scope for outperformance. Based on this research approach, the portfolio manager seeks out stocks that they believe are undervalued and likely to generate growth. The companies selected for the portfolio must demonstrate good management, strong competitive advantages and favorable industry dynamics.

The APIR code of the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund is RSA0923AU.

Suncorp Brighter Super Business - Fidelity Australian Equities’s total return last month was 1.47%. This was made up of a growth return of 1.47% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

Suncorp Brighter Super Business - Fidelity Australian Equities’s total return for the last three months was 1.21%. This was made up of a growth return of 1.21% and an income return of 0%%. These returns were calculated as at 31 Oct 2020.

Suncorp Brighter Super Business - Fidelity Australian Equities’s one-year total return is -4.71%. This was made up of a growth return of -4.71% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

Suncorp Brighter Super Business - Fidelity Australian Equities’s one-year total return is 5.45%. This was made up of a growth return of 5.45% and an income return of 0%. These returns were calculated as at 31 Oct 2020.

The asset allocation of the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund is :

Australian Equities
97.78%
Cash
2.22%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund is Suncorp Portfolio Services Limited.

The Suncorp Brighter Super Business - Fidelity Australian Equities managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Oct 2020, the size of the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund was $6.77 million.

The Suncorp Brighter Super Business - Fidelity Australian Equities managed fund has an inception date of 30 May 2016.

The current entry price of the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund is $3.2402 per unit and the current exit price is $3.2337 per unit (as at 23 Nov 2020).

The current exit price of the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund is $3.2337 per unit and the current entry price is $3.2402 per unit (as at 23 Nov 2020).

The minimum initial investment amount for the Suncorp Brighter Super Business - Fidelity Australian Equities managed fund is $0. 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.