Fidelity Funds Global Multi Asset Dynamic Fund A USD
Equity
Recent Price
Fund description
The Fund will use Fidelity’s proprietary "SMART" model to construct a portfolio that seeks to maintain a long term average volatility, under normal market conditions, within a range of between 6% and 8% per annum. As a consequence, the Fund will have the possibility to make extensive use of financial derivative instruments for investment purposes or use complex derivative instruments or strategies to meet its revised investment objective, and its risk profile will change as the increased usage of financial derivative instruments may further expose the Fund to various risks as described above; The Fund will no longer be referenced in the "Asset Allocation Funds" section of the Fidelity Funds prospectus but, instead will be included in a new "Fidelity Systematic Multi Asset Risk Targeted Funds" section of the Prospectus;
Fund Performance
Prices shown are indicative and are usually based on prices of 2-4 dealing days earlier, and may not be exactly the price used for individual trades. Prices and returns on this page may be based on a reference price in a different currency to that of the fund dealing price. Returns experienced by individual clients may differ from those shown below. Clients should not rely on these prices for decision making. Fund prices provided by third-parties. dollarDEX does not guarantee any prices or valuations shown, and accepts no responsibility for their accuracy.
Return
1 week
1.37
1 month
-0.17
6 months
-1.38
1 year
-6.27
3 years
-4.21
Since start *
104.05
Annualized Return %
1 week
1 month
6 months
1 year
-6.27
3 years
-1.42
since start *
3.73
Annual Volatility %
1 week
1 month
6 months
1 year
11.86
3 years
10.44
since start *
14.08
Sharpe ratio +
1 week
1 month
6 months
1 year
-0.57
3 years
-0.18
since start *
0.23
*Since start means from start of data available to dollarDEX and may not coincide with inception of fund.
Performance chart
Fund details
| Price frequency | Daily |
| Pricing basis | Forward |
| Dealing basis (subscriptions) What is this? | T+0 |
| Dealing basis (redemptions) What is this? | T+0 |
| Sector | All |
| Asset class | Equity |
| Asset sub-class | Mixed |
| Region | Global Peer funds |
| Dividend distribution option | Re-investment, Cash payout |
| Launch price | USD 10.00 |
| Price currency [1] | USD |
| Payment currency | SGD |
| Investment type | Cash, SRS |
| Risk (volatility) What is this? | Medium High |
|
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
1.250% |
| Latest bid/NAV price | USD 23.62 (1-Jun-2023) |
| Bid price changes from last available price | +1.20% |
| Benchmark | MSCI World (Net) |
| Minimum initial investment | SGD 1,000 |
| Minimum subsequent investment | SGD 500 |
| Minimum RSP investment | SGD 100 |
1 Usually same as fund dealing currency (refer to prospectus). Some funds have a SGD reference price used by Navigator.
2 Total of fixed annual management and service fees. Check fund prospectus for details including variable performance fees, if any, which may not be included here.