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Fidelity Global Special Situations

Ranked 102 out of 308 in - Global Equities over 12 months
All calculations are in GBP

Managed by

Jeremy Podger

As a Philosophy graduate from Cambridge, Jeremy Podger espouses much on his investment style. He joined Fidelity in February 2012 and runs the Fidelity Global Special Situations Fund having spent nine years at Threadneedle where he was head of global equities. He also spent seven years at Investec managing global equity funds and was head of Continental European institutional equities. He has enjoyed stints at Saudi International Bank, Mirage and Guinness Flight. Jeremy also holds an MBA from London Business School.

Objective

The Fund's investment objective is to achieve long term capital growth from a portfolio primarily made up of the shares of companies around the world. The Fund has a blend of investments in larger-, medium- and smaller-sized companies. The Fund Manager is not restricted in the choice of companies either by size or industry, or in terms of the geographical split of the portfolio, and the choice of stocks is largely determined by the availability of attractive investment opportunities.

Performance

Global Equities over : 31/08/2013 - 31/08/2014

Total Return

Quarterly Performance

to 29/08/2014 Annual Q1 Q2 Q3 Q4
2014 6.1% 1.0% 2.1% 2.9%
2013 27.9% 18.1% 2.5% 0.1% 5.5%
2012 13.7% 12.8% -5.8% 4.7% 2.3%
2011 -19.3% 0.4% -5.1% -17.7% 3.0%
2010 17.5% 11.2% -12.3% 5.8% 14.0%
2009 30.1% -6.6% 11.7% 19.5% 4.4%
2008 -36.9% -12.0% 4.9% -22.2% -12.1%
2007 13.0% 3.6% 2.4% 3.6% 2.8%
2006 5.3% 5.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2014

Top 10 Holdings

Stock Size
Walt Disney Co ORD 2.66
Fidelity Institutional Liquidity A Inc USD 2.49
Microsoft Corp ORD 2.47
Aetna Inc ORD 2.39
Fidelity Institutional Liquidity GBP A Flex Dis 2.34
Comcast Corp ORD 2.32
JPMorgan Chase & Co ORD 2.24
KDDI Corp ORD 2.14
Halliburton Co ORD 2.06
Johnson & Johnson ORD 2.05
30/06/2014

Registered For Sale In

  1. France
  2. Guernsey
  3. Ireland
  4. Jersey
  5. United Kingdom

Fund Info

  • Launch date15/09/2006
  • Share Class size1,409Mn
  • Base currencyGBP
  • ISIN GB00B196XG23

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment50

Charges

  • Annual management1.5%
  • Initial investment3.5

Related News

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Trust Insider: Alex Wright has become a sector champ, but can he keep it up?

Wright’s has made Fidelity Special Values the best performing UK Growth fund, but his position remains vulnerable

Fidelity's Podger overhauls £1.3bn Global Special Situations fund

Fund manager Jeremy Podger has embarked on an overhaul of the £1.3 billion Fidelity Global Special Situations fund after replacing Jorma Korhonen.

Fidelity cuts Special Situations fund from 'Select' list

Fidelity has dropped the Special Situations fund once managed by Anthony Bolton from a list of vehicles it recommends to investors after a spell of disappointing performance.

Podger replaces Korhonen on flagship Fidelity fund

(Update) Jeremy Podger, global head of equities at Threadneedle, is leaving to join Fidelity, replacing Jorma Korhonen on its $2.5 billion global special situations fund. 

Investment Line: Three years on, did Fidelity get the Special Sits split right?

Just over three years on from the fund being lopped in half, has Fidelity got its succession planning right?

The Daily Interview: Bolton successor on banks - many failures, selective opportunities

The pool of global capital available to banks in need of refinancing has been definitively drained and many will now founder and die, Jorma Korhonen of Fidelity Special Situations has warned.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).