PIA Fidelity Global Focus Ser B USD

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/07/17
to
31/07/18
31/07/18
to
31/07/19
31/07/19
to
31/07/20
31/07/20
to
31/07/21
31/07/21
to
31/07/22
Fund 12.9% 2.4% 9.0% 35.6% -17.2%
Sector 8.0% 0.5% 4.7% 31.9% -15.4%
Rank 43/370 171/404 103/423 108/458 323/494
Quartile 1 2 1 1 3

Annualised performance

Annualised
3 Years to
31/07/22
5 Years to
31/07/22
10 Years to
31/07/22
Fund 7.0% 7.2% 8.6%
Sector 5.3% 4.9% 6.4%
Rank 119/422 77/369 55/229
Quartile 2 1 1

Top 10 Holdings

Stock % Weight
MICROSOFT CORP 5.77
ALPHABET INC 4.45
AMAZON.COM 3.70
UNITEDHEALTH GROUP INCORPORATED 3.41
BERKSHIRE HATHAWAY INC 3.35
CANADIAN PACIFIC RAILWAY LTD 2.71
GALLAGHER (ARTHUR J) & CO 2.59
NESTLE S.A. 2.20
VINCI SA 2.06
S&P GLOBAL INC 1.97
Total 32.20

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Fidelity Global Focus Fund (USD) - the underlying fund.

Underlying Fund Objective: The fund aims to achieve long-term capital growth from a portfolio primarily invested in stocks across the world’s stock markets. The manager is free to select any company regardless of size, industry or location and will concentrate its investments in a more limited number of companies and therefore the resulting portfolio will be less diversified. As this fund may invest globally, it may be exposed to countries considered to be emerging markets. The fund is actively managed. The Investment Manager will, when selecting investments for the fund and for the purposes of monitoring risk consider the MSCI ACWI Index (the “Index”) as the Index constituents are representative of the type of companies the fund invests in. The fund’s performance can be assessed against Index. The fund is denominated in US dollars.

Fund Manager

Oliver Trimingham manager of the underlying fund for 1 years and 1 months

Photo of Oliver Trimingham TBC

Ashish Kochar manager of the underlying fund for 0 years and 11 months

Photo of Ashish Kochar TBC

Fund Overview

Bid (16/08/2022) 3.04
Offer (16/08/2022) 3.20
Fund size (30/06/2022) $2.15m
Underlying Fund size £733.19m
Number of holdings 208
Launch date 28/10/2005

Fund Charges

Annual Management Charge (AMC) 1.90%
Further Costs 0.43%
Yearly Total 2.33%

Asset Allocation

pie chart
  International Equities 90.75%
  UK Equities 2.44%
  Cash and Equivalents 2.13%
  Alternative Trading Strategies 0.35%
  Money Market 0.06%
  Other Assets 4.28%
Portfolio data accurate as at: 30/06/22

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in the fund's currency of denomination with gross income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 90.75%
  UK Equities 2.44%
  Cash and Equivalents 2.13%
  Alternative Trading Strategies 0.35%
  Money Market 0.06%
  Other Assets 4.28%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Technology 27.62% - - -
 
Technology - 27.62% - -
 
Software & Computer Services - - 16.85% -
 
Software - - - 10.52%
 
Consumer Digital Services - - - 6.33%
 
Technology Hardware & Equipment - - 10.77% -
 
Semiconductors - - - 3.25%
 
Electronic Components - - - 2.60%
 
Computer Hardware - - - 2.56%
 
Production Technology Equipment - - - 2.36%
 
Financials 18.13% - - -
 
Financial Services - 8.74% - -
 
Investment Banking & Brokerage Services - - 6.78% -
 
Diversified Financial Services - - - 3.35%
 
Investment Services - - - 2.56%
 
Asset Managers & Custodians - - - 0.86%
 
Finance & Credit Services - - 1.97% -
 
Financial Data & Systems - - - 1.97%
 
Banks - 4.72% - -
 
Banks - - 4.72% -
 
Banks - - - 4.72%
 
Insurance - 4.67% - -
 
Non-life Insurance - - 2.59% -
 
Insurance Brokers - - - 2.59%
 
Life Insurance - - 2.08% -
 
Life Insurance - - - 2.08%
 
Industrials 15.16% - - -
 
Industrial Goods & Services - 12.60% - -
 
Industrial Support Services - - 4.36% -
 
Transaction Processing Services - - - 2.88%
 
Professional Business Support Services - - - 1.48%
 
Industrial Transportation - - 4.07% -
 
Railroads - - - 4.07%
 
General Industrials - - 1.86% -
 
Diversified Industrials - - - 1.86%
 
Electronic & Electrical Equipment - - 1.82% -
 
Electronic Equipment: Gauges & Meters - - - 1.32%
 
Electrical Components - - - 0.49%
 
Industrial Engineering - - 0.50% -
 
Machinery: Construction & Handling - - - 0.50%
 
Construction & Materials - 2.55% - -
 
Construction & Materials - - 2.55% -
 
Construction - - - 2.06%
 
Building Materials: Other - - - 0.49%
 
Health Care 9.95% - - -
 
Health Care - 9.95% - -
 
Health Care Providers - - 4.85% -
 
Health Care Management Services - - - 3.41%
 
Health Care Services - - - 0.80%
 
Health Care Facilities - - - 0.64%
 
Medical Equipment & Services - - 3.68% -
 
Medical Equipment - - - 3.68%
 
Pharmaceuticals & Biotechnology - - 1.42% -
 
Pharmaceuticals - - - 1.42%
 
Consumer Discretionary 9.74% - - -
 
Retail - 4.35% - -
 
Retailers - - 4.35% -
 
Diversified Retailers - - - 4.35%
 
Consumer Products & Services - 3.01% - -
 
Leisure Goods - - 1.37% -
 
Consumer Electronics - - - 0.69%
 
Electronic Entertainment - - - 0.68%
 
Personal Goods - - 0.83% -
 
Clothing & Accessories - - - 0.83%
 
Consumer Services - - 0.81% -
 
Consumer Services: Misc. - - - 0.81%
 
Travel & Leisure - 1.54% - -
 
Travel & Leisure - - 1.54% -
 
Travel & Tourism - - - 1.08%
 
Airlines - - - 0.46%
 
Automobiles & Parts - 0.66% - -
 
Automobiles & Parts - - 0.66% -
 
Auto Parts - - - 0.66%
 
Media - 0.18% - -
 
Media - - 0.18% -
 
Entertainment - - - 0.18%
 
Consumer Staples 5.50% - - -
 
Food, Beverage & Tobacco - 3.48% - -
 
Food Producers - - 2.79% -
 
Food Products - - - 2.20%
 
Fruit & Grain Processing - - - 0.59%
 
Beverages - - 0.69% -
 
Soft Drinks - - - 0.69%
 
Personal Care, Drug & Grocery Stores - 2.02% - -
 
Personal Care, Drug & Grocery Stores - - 2.02% -
 
Personal Products - - - 2.02%
 
Non-Classified 4.28% - - -
 
Basic Materials 2.84% - - -
 
Chemicals - 2.11% - -
 
Chemicals - - 2.11% -
 
Specialty Chemicals - - - 1.56%
 
Chemicals: Diversified - - - 0.55%
 
Basic Resources - 0.73% - -
 
Industrial Metals & Mining - - 0.73% -
 
General Mining - - - 0.73%
 
Cash and Equivalents 2.19% - - -
 
Utilities 1.32% - - -
 
Utilities - 1.32% - -
 
Electricity - - 0.82% -
 
Conventional Electricity - - - 0.82%
 
Gas, Water & Multi-utilities - - 0.50% -
 
Multi-Utilities - - - 0.50%
 
Telecommunications 1.11% - - -
 
Telecommunications - 1.11% - -
 
Telecommunications Service Providers - - 1.11% -
 
Telecommunications Services - - - 1.11%
 
Real Estate 1.10% - - -
 
Real Estate - 1.10% - -
 
Real Estate Investment Trusts - - 1.10% -
 
Infrastructure REITs - - - 1.10%
 
Energy 0.72% - - -
 
Energy - 0.72% - -
 
Non-Renewable Energy - - 0.72% -
 
Offshore Drilling & Other Services - - - 0.72%
 
Alternative Trading Strategies 0.35% - - -
 
Alternative Trading Strategies - 0.35% - -
 
Alternative Trading Strategies - - 0.35% -
 
Alternative Trading Strategies - - - 0.35%

Regional Allocation

pie chart
  North America 67.47%
  Developed Europe - Excl UK 12.12%
  Non-Classified 4.63%
  Emerging Asia 4.62%
  Japan 4.11%
  UK 2.44%
  Developed Asia 2.43%
  Cash and Equivalents 2.19%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 100.13%
  Cash -0.13%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 67.47% -
 
United States - 63.90%
 
Canada - 3.57%
 
Developed Europe - Excl UK 12.12% -
 
France - 4.06%
 
Switzerland - 2.20%
 
Netherlands - 1.98%
 
Spain - 1.11%
 
Italy - 0.82%
 
Germany - 0.50%
 
Sweden - 0.50%
 
Finland - 0.48%
 
Ireland - 0.46%
 
Non-Classified 4.63% -
 
Emerging Asia 4.62% -
 
South Korea - 1.87%
 
India - 1.80%
 
Taiwan - 0.75%
 
China - 0.20%
 
Japan 4.11% -
 
Japan - 4.11%
 
UK 2.44% -
 
United Kingdom - 2.44%
 
Developed Asia 2.43% -
 
Hong Kong - 1.56%
 
Singapore - 0.87%
 
Cash and Equivalents 2.19% -

Breakdown By Market Cap (%)

Mega
 
 
71.46%
Large
 
 
14.20%
Medium
 
 
2.64%
Non-Classified
 
 
9.51%
Cash
 
 
2.19%

Top 10 Holdings

Stock % Weight Sector Country
1 MICROSOFT CORP 5.77% Software & Computer Services United States
2 ALPHABET INC 4.45% Software & Computer Services United States
3 AMAZON.COM 3.70% Retailers United States
4 UNITEDHEALTH GROUP INCORPORATED 3.41% Health Care Providers United States
5 BERKSHIRE HATHAWAY INC 3.35% Investment Banking & Brokerage Services United States
6 CANADIAN PACIFIC RAILWAY LTD 2.71% Industrial Transportation Canada
7 GALLAGHER (ARTHUR J) & CO 2.59% Non-life Insurance United States
8 NESTLE S.A. 2.20% Food Producers Switzerland
9 VINCI SA 2.06% Construction & Materials France
10 S&P GLOBAL INC 1.97% Finance & Credit Services United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 27.62% - - - - - - 27.62%
Telecommunications - 1.11% - - - - - - 1.11%
Financials 0.52% 17.61% - - - - 0.55% - 18.68%
Real Estate - 1.10% - - - - - - 1.10%
Consumer Discretionary - 9.74% - - - - - - 9.74%
Consumer Staples 1.19% 4.32% - - - - - - 5.50%
Energy - 0.72% - - - - - - 0.72%
Utilities - 1.32% - - - - - - 1.32%
Health Care - 9.95% - - - - - - 9.95%
Industrials - 15.16% - - - - - - 15.16%
Basic Materials 0.73% 2.11% - - - - - - 2.84%
Cash and Equivalents - - - - - - - 2.13% 2.13%
Non-Classified - - - - - - 4.08% 0.06% 4.14%

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B0MSS74
Mex Code SBFDGB
Isin Code IE00B0MSS742
Citi Code TJ77

Fund Charges

Annual Management Charge (AMC) 1.90%
Further Costs 0.43%
Yearly Total 2.33%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Fidelity Global Focus Fund (USD) - the underlying fund. Underlying Fund Objective: The fund aims to achieve long-term capital growth from a portfolio primarily invested in stocks across the world’s stock markets. The manager is free to select any company regardless of size, industry or location and will concentrate its investments in a more limited number of companies and therefore the resulting portfolio will be less diversified. As this fund may invest globally, it may be exposed to countries considered to be emerging markets. The fund is actively managed. The Investment Manager will, when selecting investments for the fund and for the purposes of monitoring risk consider the MSCI ACWI Index (the “Index”) as the Index constituents are representative of the type of companies the fund invests in. The fund’s performance can be assessed against Index. The fund is denominated in US dollars.
Benchmark MSCI World Index ( Net Luxembourg tax)
ABI Sector Global Equities

Ratings

FE Crown Crown Rating of 3

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs may vary in the future and may be higher than they are now.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Risk Analysis

Ratio Value
Alpha 0.79
Beta 1.12
Sharpe 0.19
Standard Deviation 18.61
Info Ratio 0.24

Risk Factors

Risk Factor Yes / No
Charges to Capital No
Emerging Markets No
Concentrated Portfolio Yes
Smaller Companies No
High Yield Bonds No
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate Yes
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore Yes
Income Eroding Capital Growth No
Umbrella Liabilities Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers No
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Concentrated Portfolio

The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

Exchange Rate

This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

Offshore

The fund is not UK domiciled, and investors are not normally entitled to compensation through the UK Financial Services Compensation Scheme.

Umbrella Liabilities

If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in the fund's currency of denomination with gross income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

The registered office of Prudential International is in Ireland at Montague House, Adelaide Road, Dublin 2. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is deemed authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.