To achieve returns in excess of the S&P/ASX 200 Accumulation Index over the medium to long term.
A diversified selection of 40- 70 Australian companies with the flexibility to take meaningful positions in the mid-small cap part of the market.
Uses a bottom-up stock selection process that seeks companies with superior management, strong free cash flow, a competitive edge and low gearing.
Designed to be a core holding.
Net returns as at 30 November 2021
Timeframe | Fund | Benchmark | Active return |
---|---|---|---|
1 yr % | 18.34 | 15.48 | 2.86 |
3 yr % pa | 13.97 | 12.56 | 1.41 |
5 yr % pa | 11.48 | 10.11 | 1.37 |
7 yr % pa | 10.87 | 8.89 | 1.98 |
Since inception (31/07/12) % pa | 12.39 | 10.41 | 1.98 |
Timeframe | 1 yr % |
3 yr % pa |
5 yr % pa |
7 yr % pa |
Since inception (31/07/12) % pa |
---|---|---|---|---|---|
Fund | 18.34 | 13.97 | 11.48 | 10.87 | 12.39 |
Benchmark | 15.48 | 12.56 | 10.11 | 8.89 | 10.41 |
Active return | 2.86 | 1.41 | 1.37 | 1.98 | 1.98 |
Total net returns represent past performance only. Past performance is not a reliable indicator of future performance. Returns of the Fund can be volatile and in some periods may be negative. The return of capital is not guaranteed. Benchmark: S&P ASX 200 Accumulation Index.
See for yourself how the fund has performed since inception. The chart below represents the value now of $10,000 invested in the Fidelity Australian Opportunities Fund in July 2012 compared with $10,000 invested in the S&P/ ASX 200 Accumulation Index.
Chart as at: 30 November 2021
Total net returns represent past performance only. Past performance is not a reliable indicator of future performance. Returns of the Fund can be volatile and in some periods may be negative. The return of capital is not guaranteed. Benchmark: S&P ASX 200 Accumulation Index.
Net as at 30 November 2021
Total return | Growth | Income | |
---|---|---|---|
1 yr % | 18.34 | 16.91 | 1.43 |
3 yr % pa | 13.97 | 11.79 | 2.18 |
5 yr % pa | 11.48 | 9.34 | 2.14 |
7 yr % pa | 10.87 | 7.71 | 3.16 |
Since inception (31/07/12) % pa | 12.39 | 8.62 | 3.77 |
1 yr % |
3 yr % pa |
5 yr % pa |
7 yr % pa |
Since inception (31/07/12) % pa |
|
---|---|---|---|---|---|
Total return | 18.34 | 13.97 | 11.48 | 10.87 | 12.39 |
Growth | 16.91 | 11.79 | 9.34 | 7.71 | 8.62 |
Income | 1.43 | 2.18 | 2.14 | 3.16 | 3.77 |
Growth return is the unit price movement on exit to exit basis. Income is expressed as Total Return less growth component.
Total net returns represent past performance only. Past performance is not a reliable indicator of future performance. Returns of the Fund can be volatile and in some periods may be negative. The return of capital is not guaranteed. Benchmark: S&P ASX 200 Accumulation Index.
As at 30 November 2021
As at 30 November 2021
% total net assets | |
---|---|
COMMONWEALTH BANK AUSTRALIA | 9.4% |
CSL LTD | 9.3% |
BHP GROUP LTD | 6.7% |
MACQUARIE GROUP LTD | 6.7% |
GOODMAN GROUP | 5.0% |
TELSTRA CORP LTD | 4.6% |
WOOLWORTHS GROUP LTD | 3.1% |
STEADFAST GROUP LTD | 3.0% |
EVOLUTION MINING LTD | 2.8% |
JAMES HARDIE INDUSTRIES PLC | 2.6% |
As at 30 November 2021
Fund % | Benchmark % | Relative % | |
---|---|---|---|
MACQUARIE GROUP LTD | 6.7 | 3.4 | 3.3 |
GOODMAN GROUP | 5.0 | 2.0 | 2.9 |
STEADFAST GROUP LTD | 3.0 | 0.2 | 2.8 |
CSL LTD | 9.3 | 6.8 | 2.5 |
EVOLUTION MINING LTD | 2.8 | 0.4 | 2.4 |
As at 30 November 2021
Fund % | Benchmark % | Relative % | |
---|---|---|---|
WESFARMERS LTD | 0.0 | 3.2 | -3.2 |
WESTPAC BANKING CORP | 0.6 | 3.7 | -3.1 |
NATIONAL AUSTRALIA BANK LTD | 1.5 | 4.4 | -2.9 |
TRANSURBAN GROUP | 0.0 | 2.0 | -2.0 |
AUSTRALIA & N ZEAL BKG GRP LTD | 1.8 | 3.7 | -2.0 |
Distribution | Distribution (CPU) | Reinvestment price |
---|---|---|
2.3181 | $21.1005 |
CPU = cents per unit. The above cash CPU excludes imputation credits and foreign income tax offsets which are non-cash components and are reported in the end of year tax statement. If the Distribution CPU column is 0.0000 it means that nothing was distributed.
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This Fund is subject to the risk of stock market fluctuations. Investors accessing the Fund through a master trust or wrap account will also bear any fees charged by the operator of such master trust or wrap account. Any apparent discrepancies in the numbers are due to rounding.
1Management costs and buy/sell spread are current as at the date of publication of this website. These fees may be subject to change in the future.
2Total returns (net) have been calculated using exit prices and take into account the applicable buy/sell spread and are net of Fidelity’s management costs, transactional and operational costs and assumes reinvestment of distributions. No allowance has been made for tax. Returns of more than one year are annualised. The return of capital is not guaranteed.
Access to a diversified portfolio with the flexibility to take meaningful positions in the mid-small cap part of the market.
Strong fund ratings from professional research houses.
Backed by a highly experienced Australian team and a global knowledge pool of over 400 Fidelity investment professionals.
Portfolio Manager of the Fidelity Australian Opportunities Fund describes her fascination with ‘what makes a company great’ and how she combines this with her desire to provide great outcomes to investors.
This Fund is subject to the risk of stock market fluctuations. Investors accessing the Fund through a master trust or wrap account will also bear any fees charged by the operator of such master trust or wrap account. Any apparent discrepancies in the numbers are due to rounding.
1Management costs and buy/sell spread are current as at the date of publication of this website. These fees may be subject to change in the future.
2Total returns (net) have been calculated using exit prices and take into account the applicable buy/sell spread and are net of Fidelity’s management costs, transactional and operational costs and assumes reinvestment of distributions. No allowance has been made for tax. Returns of more than one year are annualised. The return of capital is not guaranteed.