Fidelity Global Dividend Fund AUD-Hedged (Dist.)(LU0982800491)
- Equities
- Global
- AUD Cash
- Distributing
The Fund aims to achieve income and long-term capital growth principally through investments in income producing equity securities globally. The Investment Manager will target investments which it believes offer attractive dividend yields in addition...
Offers exposure to a globally diversified portfolio of high-quality companies, targeting a dividend yield of at least 125% of the MSCI All Country World Index. Maintains a conservative risk profile with a beta typically below 1, designed to limit downside risk while participating in long-term market growth.
Led by Lead Portfolio Manager Dan Roberts, who has managed the strategy since its inception in 2012 and brings over two decades of investment experience. Supported by Co-Portfolio Manager Tristan Purcell (effective Dec 2025), who previously served as an assistant PM and brings specialized sector expertise in insurance and capital goods. The managers leverage Fidelity's extensive global research network, comprising approximately 160 equity analysts and a dedicated team of regional dividend managers.
Targets superior risk-adjusted returns over a full market cycle, characterized by strong downside resilience during periods of market stress. The portfolio might lag during sharp rallies led by lower-quality or highly cyclical stocks.
Employs a "valuation-conscious quality" approach, utilizing quantitative screening followed by rigorous bottom-up fundamental analysis to identify companies with distinct competitive advantages. Constructs a high-conviction portfolio of 40-60 stocks, typically avoiding highly cyclical industries such as banks, energy, and commodities in favor of sectors like industrials and consumer staples. Maintains a distinctive structural allocation that often results in an underweight to the US and an overweight to Europe relative to the benchmark, driven by valuation and quality opportunities.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
Serves as a defensive core equity holding for investors seeking a healthy, growing level of income with lower volatility than the broader market. Acts as an effective diversifier for global equity portfolios that are heavily concentrated in US growth stocks, given its structural tilt towards European quality companies and defensive sectors. Suitable for investors with a long-term horizon who prioritize capital preservation and consistent compounding over chasing short-term speculative gains.
Daily data. Returns as of 06 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 1.6% | 7.1% | -7.4% | 5.6% | 1.0% | 1.6% | 1.1% | 0.4% | - | - | - | - |
| 2025 | 15.0% | 4.1% | 1.5% | -0.7% | 0.9% | 2.5% | -0.4% | 1.3% | 0.6% | 0.4% | 0.4% | 1.6% | 1.7% |
| 2024 | 15.5% | 1.4% | 2.3% | 3.3% | -1.8% | 2.5% | 0.6% | 3.8% | 2.9% | 1.6% | -1.3% | 2.3% | -2.8% |
| 2023 | 12.6% | 2.9% | 0.4% | 2.2% | 1.7% | -2.5% | 3.0% | 0.6% | -0.9% | -0.9% | -2.0% | 5.1% | 2.6% |
| 2022 | -8.1% | -2.2% | -2.7% | 1.3% | -0.5% | -1.4% | -5.9% | 3.9% | -2.6% | -5.8% | 6.3% | 3.6% | -1.9% |
| Load more | 5 of 14 | ||||||||||||
| Fidelity ILF - USD A Acc | 4.49% |
| Roche Holding AG Ordinary Shares new | 3.73% |
| Taiwan Semiconductor Manufacturing Co Ltd | 3.73% |
| Deutsche Boerse AG | 3.43% |
| Unilever PLC | 3.31% |
| Vinci SA | 3.31% |
| Novartis AG Registered Shares | 3.00% |
| National Grid PLC | 2.97% |
| CME Group Inc Class A | 2.74% |
| Texas Instruments Inc | 2.57% |
| Legrand SA | 2.55% |
| Iberdrola SA | 2.45% |
| Deutsche Post AG | 2.36% |
| Progressive Corp | 2.22% |
| Compagnie de Saint-Gobain SA | 2.22% |
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