Fidelity Global Special Situations Accumulation
At a glance
| Initial charge | 3.50% |
|---|---|
| Initial saving | 3.00% |
| Annual charge | 1.50% |
| Annual saving | 0.100% ² |
| Total Expense Ratio | 1.70% |
| Launch date | 15-09-2006 |
| Launch price | £15.62 |
| Sector | Global Growth |
| Fund size | £1,823 million |
| Number of holdings | 105 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Despite uncertain outlook, manager now finding excellent opportunities. We believe investors should allow him more time to prove his skills.Full research
About the Fund Manager
Jorma Korhonen
Located in: London
A ten-year veteran of Fidelity, Jorma became a portfolio manager in January 2002. He joined Fidelity in 1996 and spent the next six years as a research analyst, both in London and in Boston. As an analyst he covered many sectors, including banks and financial services. Before joining Fidelity, Jorma spent five years with Dai-ichi Kangyo Bank in Luxembourg.
From FIL's London headquarters, Jorma currently manages the Fidelity (JIT) Global Equity Fund for investors in Japan and Fidelity (AUS) Global Focus Fund for Australian investors. He has managed global portfolios since September 2004. Jorma has previously run the Fidelity Funds International (European ex-UK pool), Switzerland, Italy and Iberia funds.
Born in Helsinki, Finland in 1966, Jorma has an MBA from the IMD business school in Lausanne, Switzerland and a BBA from the Schiller International University, Germany.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 March 2008 |
|---|---|
| Payment date ³ | 30 April 2008 |
Top 10 holdings
| Juniper Networks | 3.88% |
|---|---|
| Harris Corp. | 3.10% |
| E.ON AG | 2.81% |
| Bayer AG | 2.69% |
| Turkiye Halk Bankasi AS | 2.69% |
| Roche Holding AG Part. Cert. | 2.48% |
| NCR Corp. | 2.31% |
| Fresenius AG | 2.21% |
| Niko Resources | 1.92% |
| Telefonica S.A. | 1.92% |
Top 10 sectors
| Technology Hardware & Equipment | 15.81% |
|---|---|
| Oil & Gas Producers | 7.58% |
| Cash and Equiv. | 6.38% |
| Mining | 6.28% |
| Banks | 5.84% |
| Financial Services | 5.75% |
| Oil Equipment, Services & Distribution | 5.27% |
| Gas, Water & Multiutilities | 4.43% |
| Health Care Equipment & Services | 4.30% |
| Real Estate Investment & Services | 3.89% |
Top 10 countries
| United States | 40.75% |
|---|---|
| Germany | 8.66% |
| Japan | 6.86% |
| Cash and Equiv. | 6.38% |
| United Kingdom | 5.19% |
| Switzerland | 4.96% |
| Brazil | 3.78% |
| Canada | 3.70% |
| Turkey | 3.36% |
| France | 2.20% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
