Morningstar Fund Report  | 05/04/2025Print

Fidelity UK Select

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Fidelity UK Select
Fund19.2-8.19.14.60.4
+/-Cat1.3-6.00.9-3.9-3.0
+/-B’mrk--1.5-5.3-4.8
 
Category: UK Large-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
04/04/2025		 GBX 379.40
Day Change -3.85%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB0003864542
Fund Size (Mil)
03/04/2025		 GBP 616.69
Share Class Size (Mil)
03/04/2025		 GBP 68.64
Max Initial Charge -
Ongoing Charge
03/01/2025		  1.56%
Investment Objective: Fidelity UK Select
The Fund aims to increase the value of investor's investment over a period of 5 years or more. The Fund will invest at least 70% in equities (and their related securities) of UK companies (those domiciled, incorporated or having significant business in the UK). The Fund may also invest a proportion of its assets in global companies listed in the UK. It aims to hold a concentrated portfolio of less than 50 securities. The Investment Manager will focus on companies which it believes have sustainable long term earnings potential. The Investment Manager is not restricted in terms of size or industry. The Fund is actively managed without reference to a benchmark.
Returns
Trailing Returns (GBP)04/04/2025
YTD-4.31
3 Years Annualised1.66
5 Years Annualised9.72
10 Years Annualised4.54
12 Month Yield 1.10
Management
Manager Name
Start Date
Aruna Karunathilake
03/12/2007
Karan Singh
03/02/2020
Inception Date
09/11/1987

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Fidelity UK Select28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.830.0099.83
Bond0.000.000.00
Property0.000.000.00
Cash0.180.010.17
Other0.000.000.00
Top 5 Regions%
United Kingdom91.20
United States5.33
Eurozone2.56
Europe - ex Euro0.91
Canada0.00
Top 5 Sectors%
Industrials25.28
Financial Services19.95
Consumer Cyclical14.68
Consumer Defensive13.66
Technology8.34
Top 5 HoldingsSector%
NatWest Group PLCFinancial ServicesFinancial Services6.03
Lloyds Banking Group PLCFinancial ServicesFinancial Services5.24
AstraZeneca PLCHealthcareHealthcare5.00
RELX PLCIndustrialsIndustrials4.83
Standard Chartered PLCFinancial ServicesFinancial Services4.67
Increase Decrease New since last portfolio
Fidelity UK Select
Growth Of 1000 (GBP) 31/03/2025
Fund:  Fidelity UK Select
Category:  UK Large-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-10.3124.05-6.6819.23-8.129.124.560.35
+/- Category-0.494.712.421.26-6.050.91-3.93-2.96
+/- Category Index-----1.50-5.26-4.80
% Rank in Category6712231683289387
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.85   -2.93-2.34
1 Week-6.32   -4.40-4.12
1 Month-7.80   -3.60-3.95
3 Months-4.39   -5.67-7.81
6 Months-6.30   -7.33-9.79
YTD-4.31   -6.31-8.27
1 Year-4.07   -12.03-14.74
3 Years Annualised1.66   -3.95-5.35
5 Years Annualised9.72   -2.02-3.16
10 Years Annualised4.54   -0.66-1.30
 
Category: UK Large-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.35---
20244.272.021.29-2.96
20232.19-1.323.744.32
2022-4.65-9.07-0.406.40
20213.475.883.455.20
2020-26.2411.493.0810.10
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearBelow AverageAbove Average2 star
10-YearAverageAbove Average3 star
OverallAverageAbove Average3 star
 
Category :  UK Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.78 %
3-Yr Mean Return4.03 %
 
3-Yr Sharpe Ratio0.00
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  Morningstar UK SMID Cap TME NR GBP
3-Yr Beta0.940.66
3-Yr Alpha-3.72-0.22
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 15524-
Market Capitalisation% of Equity
Giant16.91
Large34.16
Medium37.23
Small11.12
Micro0.57
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings15.601.21
Price/Book2.201.22
Price/Sales1.661.39
Price/Cash Flow13.261.54
Dividend-Yield Factor2.890.81
 
Long-Term Projected Earnings Growth9.841.11
Historical Earnings Growth2.9014.46
Sales Growth5.671.11
Cash-Flow Growth3.747.92
Book-Value Growth6.311.50
 
Category: UK Large-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.830.0099.83
Bond0.000.000.00
Property0.000.000.00
Cash0.180.010.17
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States5.333.42
Canada0.000.00
Latin America0.000.00
United Kingdom91.200.96
Eurozone2.562.10
Europe - ex Euro0.910.65
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: UK Large-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials4.060.73
Consumer CyclicalConsumer Cyclical14.681.70
Financial ServicesFinancial Services19.950.88
Consumer DefensiveConsumer Defensive13.660.99
HealthcareHealthcare7.830.65
Communication ServicesCommunication Services3.270.79
EnergyEnergy2.940.32
IndustrialsIndustrials25.281.60
TechnologyTechnology8.343.37
 
Category: UK Large-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings48
Total Number of Bond Holdings4
Assets in Top 10 Holdings42.88
NameSectorCountry% of Assets
NatWest Group PLC103United Kingdom6.03
Lloyds Banking Group PLC103United Kingdom5.24
AstraZeneca PLC206United Kingdom5.00
RELX PLC310United Kingdom4.83
Standard Chartered PLC103United Kingdom4.67
Unilever PLC205United Kingdom3.99
Experian PLC310United Kingdom3.88
Bunzl PLC205United Kingdom3.44
Weir Group PLC310United Kingdom3.00
Haleon PLC206United Kingdom2.82
 
Increase Decrease New since last portfolio
Category: UK Large-Cap Equity
 
Management
Name of CompanyFIL Investment Services (UK) Ltd
Phone(+44) 08003686868
Websitehttps://professionals.fidelity.co.uk/about-fidelity/contact-us
AddressBeech Gate, Millfield Lane, Lower Kingswood, Tadworth
 Surrey   KT20 6RP
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date09/11/1987
Fund Advisor(s)
FIL Investment Services (UK) Ltd
Fund ManagerAruna Karunathilake
Manager Start Date03/12/2007
Career Start Year2000
 
Biography
Aruna Karunathilake joined Fidelity in 2000 as a research associate, and became an equity analyst covering the construction, real estate, telecoms and technology sectors. He has run part of an institutional multi-manager fund since November 2006. Aruna has a Masters degree in Chemistry from Oxford University.
Fund ManagerKaran Singh
Manager Start Date03/02/2020
Career Start Year2005
Education
University, B.A.
University, PGDBF
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.56%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional250  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes