Fund code: 7348

  • NAV $18.39 $0.21 / 1.16%
    04-Dec-2024
  • Inception 28-Sep-2021
  • Benchmark MSCI All Country World Industrials Equal Weighted Index
  • Aggregate assets
    (all series)
    $8.3M
    30-Nov-2024
  • MER 2.29%
    31-May-2024
  • Distributions
  • Morningstar category Global Equity
  • Also available through Class US$ and Class T-Series
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 30-Nov-2024

YTD 2024 2023 2022
Fund 15.47 19.63 -28.53

Standard period returns (%) 30-Nov-2024

1 mo 3 mo 6 mo 1 yr 3 yr Inception
Fund 5.80 9.86 9.71 19.04 0.34 1.67

Why invest in this fund?

  • A team-based approach to identify disruptive opportunities focused in automation by sourcing ideas and insights from across Fidelity's global research platform.
  • Spans across sectors, countries and market capitalization to invest in disruptive companies aligned with automation and having the potential for long-term capital appreciation.
  • Global equity strategy designed to invest in innovative business models, emerging industries and technologies that the team believes have the potential to disrupt or displace incumbents over time.

Risk measures (%) 31-Oct-2024

Fund
Annualized standard deviation 20.25
Beta 1.18
0.53

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a medium volatility rating

Allocation

Asset mix (%)

31-Oct-2024

Country mix (%)

31-Oct-2024

Sector mix (%)

31-Oct-2024
12 months ago Last month Current month
Information Technology 43.1 50.2 50.0
Industrials 49.1 39.5 39.1
Consumer Disc. 3.5 4.8 4.8
Health Care 1.7 2.4 2.5
Communication Services 1.7 2.2 2.3
Financials - - -
Real Estate - - -
Utilities - - -
Energy - - -
Consumer Staples - - -
Materials - - -

Top ten holdings

  1. Taiwan Semiconductor Manufacturing
  2. Nvidia
  3. Keyence
  4. PTC
  5. Teradyne
  6. Shenzhen Inovance Technology
  7. Recruit Holdings
  8. Siemens (Reg.)
  9. Accenture
  10. Deere & Co.
Total number of holdings 44
Top ten holdings aggregate 45.4%
  1. Nvidia
  2. Taiwan Semiconductor Manufacturing
  3. PTC
  4. Teradyne
  5. Keyence
  6. Recruit Holdings
  7. Siemens (Reg.)
  8. Synopsys
  9. Deere & Co.
  10. Accenture
Total number of holdings 46
Top ten holdings aggregate 46.9%
  1. Nvidia
  2. Taiwan Semiconductor Manufacturing
  3. PTC
  4. Keyence
  5. FANUC Corp.
  6. Hiwin Technologies
  7. SMC Corporation
  8. Teradyne
  9. Misumi Group
  10. Daifuku
Total number of holdings 49
Top ten holdings aggregate 47.5%
  1. Taiwan Semiconductor Manufacturing
  2. PTC
  3. Keyence
  4. Nvidia
  5. FANUC Corp.
  6. SMC Corporation
  7. Teradyne
  8. Hiwin Technologies
  9. Misumi Group
  10. Leader Harmonious Drive Systems
Total number of holdings 48
Top ten holdings aggregate 46.4%
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