Morningstar Fund Report  | 11/04/2025Print

Fidelity Funds - Global Technology Fund I-Acc-EUR (hedged)

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Fidelity Funds - Global Technology Fund I-Acc-EUR (hedged)
Fund16.7-19.139.614.3-4.2
+/-Cat-----
+/-B’mrk-----
 
Category: Other Equity
Category Benchmark: -
Key Stats
NAV
09/04/2025		 EUR 19.60
Day Change -3.23%
Morningstar Category™ Other Equity
ISIN LU2082327623
Fund Size (Mil)
28/02/2025		 EUR 24546.48
Share Class Size (Mil)
09/04/2025		 EUR 187.83
Max Initial Charge -
Ongoing Charge
28/03/2025		  0.89%
Investment Objective: Fidelity Funds - Global Technology Fund I-Acc-EUR (hedged)
The fund aims to achieve capital growth over the long term.
Returns
Trailing Returns (GBP)09/04/2025
YTD-13.70
3 Years Annualised7.11
5 Years Annualised15.41
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
HyunHo Sohn
31/03/2013
Inception Date
27/11/2019

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI/Information Technology NR USD-
Portfolio Profile for  Fidelity Funds - Global Technology Fund I-Acc-EUR (hedged)28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.060.0098.06
Bond0.050.000.05
Property0.000.000.00
Cash2.340.451.89
Other0.000.000.00
Top 5 Regions%
United States57.98
Asia - Developed12.14
Eurozone10.16
Asia - Emerging8.90
Europe - ex Euro4.46
Top 5 Sectors%
Technology70.35
Communication Services9.93
Consumer Cyclical9.16
Industrials3.94
Real Estate2.71
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology6.70
Microsoft CorpTechnologyTechnology5.80
Apple IncTechnologyTechnology4.44
Amazon.com IncConsumer CyclicalConsumer Cyclical3.32
Telefonaktiebolaget L M Ericsson... TechnologyTechnology3.28
Increase Decrease New since last portfolio
Fidelity Funds - Global Technology Fund I-Acc-EUR (hedged)
Growth Of 1000 (GBP) 31/03/2025
Fund:  Fidelity Funds - Global Technology Fund I-Acc-EUR (hedged)
Category:  Other Equity
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 2020202120222023202431/03
Price Return48.5716.72-19.1039.6114.32-4.19
+/- Category------
+/- Category Index------
% Rank in Category-
Trailing Returns (GBP)09/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.23   --
1 Week-11.55   --
1 Month-15.03   --
3 Months-15.34   --
6 Months-13.42   --
YTD-13.70   --
1 Year-7.73   --
3 Years Annualised7.11   --
5 Years Annualised15.41   --
10 Years Annualised-   --
 
Category: Other Equity
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.19---
20246.624.770.222.12
202317.384.19-0.5314.76
2022-4.68-15.99-1.442.50
20216.216.85-0.403.26
2020-9.9529.368.4817.56
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  Other EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev16.74 %
3-Yr Mean Return10.55 %
 
3-Yr Sharpe Ratio0.36
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Chile Aggressive Allocation
3-Yr Beta-1.36
3-Yr Alpha-3.00
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 86082-
Market Capitalisation% of Equity
Giant34.70
Large29.90
Medium27.13
Small7.05
Micro1.22
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings19.261.23
Price/Book2.841.23
Price/Sales2.421.29
Price/Cash Flow11.831.21
Dividend-Yield Factor1.570.62
 
Long-Term Projected Earnings Growth11.311.12
Historical Earnings Growth2.350.35
Sales Growth1.000.20
Cash-Flow Growth6.210.87
Book-Value Growth2.720.85
 
Category: Other Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.060.0098.06
Bond0.050.000.05
Property0.000.000.00
Cash2.340.451.89
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States57.981.35
Canada0.000.00
Latin America0.000.00
United Kingdom2.490.27
Eurozone10.160.82
Europe - ex Euro4.461.04
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.400.15
Japan3.460.76
Australasia0.000.00
Asia - Developed12.145.36
Asia - Emerging8.901.33
 
Category: Other Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Consumer CyclicalConsumer Cyclical9.161.00
Financial ServicesFinancial Services2.060.13
Real EstateReal Estate2.711.04
Consumer DefensiveConsumer Defensive0.080.01
Communication ServicesCommunication Services9.931.47
EnergyEnergy1.780.51
IndustrialsIndustrials3.940.33
TechnologyTechnology70.354.18
 
Category: Other Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings101
Total Number of Bond Holdings1
Assets in Top 10 Holdings35.89
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan6.70
Microsoft Corp311United States5.80
Apple Inc311United States4.44
Amazon.com Inc102United States3.32
Telefonaktiebolaget L M Ericsson Class B311Sweden3.28
Alphabet Inc Class A308United States2.95
Texas Instruments Inc311United States2.92
Lam Research Corp311United States2.25
Workday Inc Class A311United States2.20
Cisco Systems Inc311United States2.04
 
Increase Decrease New since last portfolio
Category: Other Equity
 
Management
Name of CompanyFidelity (FIL Inv Mgmt (Lux) S.A.)
Phone+ 352 250 404 2400
Websitewww.fidelity-international.com
Address2a, rue Albert Borschette
 Luxembourg   L-1246
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date27/11/2019
Fund Advisor(s)
FIL Fund Management Limited
Fund ManagerHyunHo Sohn
Manager Start Date31/03/2013
 
Biography
Hyun Ho Sohn is the manager of the portion of the Multimanager Technology Portfolio allocated to FIAM, FIA and FIA (UK) and is remunerated for his services. FIA (UK)’s compensation structure is determined within the group-wide compensation framework of FIL Limited (FIL) and is designed to attract, motivate, and retain key talent. FIL has a remuneration committee that oversees all group remuneration activities.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.80%
Ongoing Charge0.89%
Purchase Details
Minimum Investments
Initial10000000  EUR
Additional100000  EUR
Savings-
Tax Free Savings Schemes
ISAsNo