Fidelity Latin America W-Acc-GBP (FUND:BJVDZ27) - Overview

Fund Report

Fidelity Funds - Latin America Fund W-Acc-GBP

Key Stats
Morningstar® CategoryLatin America Equity
Manager NameAngel Ortiz
Inception Date11/03/2014
NAV 02/12/2016GBP 1.07
Day Change-0.74%
12 Month Yield0.00%
ISINLU1033664027
SEDOLBJVDZ27
Dividend Frequency-
Net Assets (mil) 31/10/2016824.86 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.23%
AMC0.75%
Fund Rebate-

Morningstar Rating™

4 Stars

Benchmarks

Fund Benchmark

MSCI EM Latin America NR USD

Morningstar® Benchmark

MSCI EM Latin America NR USD

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund5.90-13.82-5.90-24.6944.64
Category6.78-14.50-8.95-25.9243.52
Benchmark3.89-14.97-6.84-27.0453.26
  • Fund: Fidelity Funds - Latin America Fund W-Acc-GBP
  • Category: Latin America Equity
  • Benchmark: MSCI EM Latin America NR USD
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD36.7338.0146.02
3 Years Annualised-1.73-2.51-0.63
5 Years Annualised-3.00-3.57-3.15
10 Years Annualised4.883.405.20

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund’s objective is to invest principally in securities of Latin American issuers. The aim of the fund is to provide investors with long-term capital growth from diversified and actively managed portfolios of securities. Unless otherwise specified in the investment objective, the income of the fund is expected to be low. The fund will invest principally (at least 70% and normally 75% in value) in equities in the markets and sectors reflected in the name of the fund and in companies established outside those markets but which derive a significant proportion of their earnings from those markets.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
DecreaseItau Unibanco Holding SA ADR Financial Services10.93
IncreaseFomento Economico Mexicano SAB de CV ADR Consumer Defensive8.57
DecreaseAmbev SA ADR Consumer Defensive6.97
IncreaseBMF Bovespa SA Bolsa Valores Merc Fut Financial Services4.84
DecreaseItausa Investimentos ITAU SA Financial Services4.43
Asset Allocation %
LongShortNet
Stocks99.340.0099.34
Bonds0.000.000.00
Cash3.192.530.66
Other0.000.000.00
Top Stock Regions
Region%
Latin America98.75
United States1.25
Japan0.00
Australasia0.00
Asia - Developed0.00
Top Stock Sectors
Stock Sector%
Financial Services37.65
Consumer Defensive24.81
Consumer Cyclical11.85
Basic Materials10.96
Industrials3.61
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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