A diversified portfolio of 40-70 small-to-mid-cap global companies.
Uses a rigorous bottom-up stock selection process that focuses on finding attractively valued companies with strong competitive positioning and sound company management.
A strong emphasis on building a diversified and balanced portfolio that aims to deliver more consistent returns through different market cycles.
Access to 180+ analysts around the world working to uncover the next 'future leader'
Hand-picked from a universe of around 4,000 stocks, access a diverse and exciting array of industries and sectors
Experienced investment experts dedicated to investing in global small to mid-cap companies
James Abela and Maroun Younes, Co-Portfolio Managers for the Fidelity Global Future Leaders Fund reveal what drives their passion for investing, why global mid and small caps are an exciting place to be, and the benefits of the co-portfolio manager structure.
James and Maroun talk about how they uncover investment opportunities through the Fund's tried and tested approach
Want to stay up to date with the latest from the Fidelity Global Future Leaders Fund? Join Portfolio Managers, James Abela and Maroun Younes as they provide a short quarterly update covering:
You can get more information about the Fund's top holdings here.
See for yourself how the fund has performed since inception. The chart below represents the value now of $10,000 invested in the Fidelity Global Future Leaders Fund in September 2020 compared with $10,000 invested in the MSCI World Mid Cap Index NR.
Chart as at: 31 May 2024
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: MSCI World Mid Cap Index NR: NR at the end of the benchmark name indicates the return is calculated including reinvesting net dividends. The dividend is reinvested after deduction of withholding tax, applying the withholding tax rate to non-resident individuals who do not benefit from double taxation treaties.
Net returns as at 30 June 2024
Timeframe | 1 yr % |
3 yr % pa |
5 yr % pa |
Since inception (28/09/20) % pa |
---|---|---|---|---|
Fund | 10.22 | 4.57 | - | 10.59 |
Benchmark | 10.44 | 4.34 | - | 9.86 |
Active return | -0.22 | 0.23 | - | 0.73 |
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: MSCI World Mid Cap Index NR: NR at the end of the benchmark name indicates the return is calculated including reinvesting net dividends. The dividend is reinvested after deduction of withholding tax, applying the withholding tax rate to non-resident individuals who do not benefit from double taxation treaties.
Net as at 30 June 2024
1 yr % |
3 yr % pa |
5 yr % pa |
Since inception (28/09/20) % pa |
|
---|---|---|---|---|
Total return | 10.22 | 4.57 | - | 10.59 |
Growth | 10.22 | 3.93 | - | 10.05 |
Income | - | 0.64 | - | 0.54 |
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: MSCI World Mid Cap Index NR: NR at the end of the benchmark name indicates the return is calculated including reinvesting net dividends. The dividend is reinvested after deduction of withholding tax, applying the withholding tax rate to non-resident individuals who do not benefit from double taxation treaties.
Distribution | Distribution (CPU) | Reinvestment price |
---|---|---|
30-Jun-24 | 0.0000 | N/A |
As at 30 June 2024
As at 30 June 2024
% total net assets | |
---|---|
ARES MANAGEMENT CORP | 3.7% |
NVR INC | 3.5% |
BROWN & BROWN INC | 3.3% |
CDW CORP | 3.3% |
AMETEK INC NEW | 3.2% |
TRANSMEDICS GROUP INC | 3.0% |
MONCLER SPA | 2.9% |
AUTO TRADER GROUP PLC | 2.9% |
GRAINGER (W.W.) INC | 2.6% |
JAMES HARDIE INDUSTRIES PLC | 2.5% |
As at 30 June 2024
Fund % | Benchmark % | Relative % | |
---|---|---|---|
ARES MANAGEMENT CORP | 3.7 | 0.3 | 3.4 |
NVR INC | 3.5 | 0.3 | 3.3 |
BROWN & BROWN INC | 3.3 | 0.2 | 3.1 |
TRANSMEDICS GROUP INC | 3.0 | 0.0 | 3.0 |
CDW CORP | 3.3 | 0.3 | 2.9 |
As at 30 June 2024
Fund % | Benchmark % | Relative % | |
---|---|---|---|
PALANTIR TECHNOLOGIES INC | 0.0 | 0.5 | -0.5 |
ONEOK INC | 0.0 | 0.5 | -0.5 |
TRADE DESK INC (THE) | 0.0 | 0.5 | -0.5 |
SUPER MICRO COMPUTER INC | 0.0 | 0.5 | -0.5 |
MONOLITHIC POWER SYSTEMS INC | 0.0 | 0.4 | -0.4 |
Organisation | Rating / Recommendation |
---|---|
Zenith | Recommended4 |
Lonsec |
Recommended5 |
Morningstar | Bronze6 |