Fidelity Absolute Return Global Equity

Investment Objective

The fund aims to provide a positive absolute return with low correlation to traditional asset classes over the medium to long term. Managed by Fidelity’s Systematic Equities team, this fund offers investors a diversified source of absolute returns. It gives exposure to the breadth and depth of Fidelity’s fundamental research by taking long exposure in the highest conviction Buy rated companies and short exposure in the highest conviction Sell rated companies in a portfolio of around 150-200 stocks.

Performance

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2020 0.9 0.1 0.0 0.4 0.6 0.1 0.0 0.1 0.5 0.5 0.6 0.2 0.3
2019 0.8 0.4 0.8 0.9 0.1 0.9 0.5 0.5 0.2 0.4 0.0 0.7 0.1

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Close Current Site Absolute Hedge is a market leading UCITS research database providing proprietary research on funds, themes and strategies in the UCITS space. Kepler Trust Intelligence is produced by the investment companies team at Kepler Partners and is the UK’s premier source of detailed qualitative research on investment trusts. Kepler Liquid Strategies is a Dublin domiciled UCITS fund platform featuring a number of best-of-breed fund managers. Kepler Partners is a corporate advisory and asset raising boutique specialising in the regulated funds market in Europe and investment trusts in the UK.