LU0982800491
Fidelity Global Dividend Fund AUD-Hedged (Dist.)

  • Equities
  • Global
  • AUD Cash
  • Distributing
Invest with
AUD Cash
Payout type
Distributing
Risk rating
5
About this fund
Description
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...
Key information
Annual report
View
Product Highlight Sheet
View
Prospectus
View
Factsheet
View
Our perspective
Why we think this fund is best-in-class
product
Product
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.
Read more
people
People
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.
Read more
performance
Performance
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.
Read more
process
Process
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.
Read more
cost
Cost
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
Read more
selectionCriteria
How it fits in a portfolio
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.
Read more
Invest in this fund
Performance
Shows the total return of this distributing fund, which includes dividends paid out.
All Time
​
Total returns
All Time
215.65%
YTD
8.75%
1 month
7.05%
6 month
13.42%
1 year
18.39%
3 year
57.51%
5 year
72.06%
10 year
159.63%
As of Feb 2026
Distributions
2.12%
Frequency
Monthly
02 Mar 2026
Risk metrics
Max drawdown
-15.17%As of Feb 2026
Volatility
9.76%As of Feb 2026
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2026-1.6%7.1%----------
202515.0%4.1%1.5%-0.7%0.9%2.5%-0.4%1.3%0.6%0.4%0.4%1.6%1.7%
202415.5%1.4%2.3%3.3%-1.8%2.5%0.6%3.8%2.9%1.6%-1.3%2.3%-2.8%
202312.6%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 more5 of 14
Top Exposures
Fidelity ILF - USD A Acc4.50%
Taiwan Semiconductor Manufacturing Co Ltd4.23%
Roche Holding AG3.96%
Unilever PLC3.83%
Novartis AG Registered Shares3.55%
National Grid PLC3.54%
Vinci SA3.38%
Deutsche Boerse AG3.04%
Legrand SA3.01%
Iberdrola SA2.96%
Texas Instruments Inc2.94%
Munchener Ruckversicherungs-Gesellschaft AG2.83%
Progressive Corp2.73%
CME Group Inc Class A2.55%
Koninklijke Ahold Delhaize NV2.33%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.89%1.14% p.a.
Save 39%
Save up to 65% in fees
Invested elsewhere? Transfer your funds to Endowus in four easy steps. Learn more
fee comparison
Fund facts
ISIN
LU0982800491
Fund house
Fidelity
Fund size
A$28.1B
As of 19 Mar 2026
Fund inception date
28 Oct 2013
Fund class currency
AUD
Fund share class
A-MINCOME(G)-AUD(Hedged)
Oldest share class ISIN
LU0731783477
Oldest share inception date
30 Jan 2012
Pricing frequency
Daily
Invest in this fund
Save up to 65% in fees
Invested elsewhere? Transfer your funds to Endowus in four easy steps. Learn more
fee comparison

Disclaimer: ©2025 Morningstar. All Rights Reserved. The information contained here relating to a particular collective investment scheme: (1) is proprietary to Morningstar Research Pte. Limited and/or its content providers (“Information Provider(s)“) unless otherwise specified; and (2) may not be copied or distributed. Neither the Information Provider nor Endowus guarantee or endorse the accuracy, reliability, completeness or timeliness of the information, or are responsible for any damages or losses arising from any use of this information. Further, for technical reasons, certain information provided by Information Provider may be different from that supplied by the respective fund houses.

This website is for information purposes only and is not and should not be construed as an offer or the solicitation of an offer or a recommendation for the purchase or sale of any investment or subscribe for, or to participate in, any services. Any opinion or estimate above is made on a general basis and none of Endowus, nor any of its affiliates, representatives, or agents have given any consideration to nor have made any investigation of the objective, financial situation, or particular need of any user, reader, any specific person or group of persons. Opinions expressed herein are subject to change without notice. You should carefully consider whether any investment views and investment products/services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances or seek financial advice via Endowus' platform.

Investment involves risk. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Past performance is not an indicator nor a guarantee of future performance. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.

You are responsible for downloads from this website. Endowus does not warrant that any downloads from this website will meet your needs or expectations, or be uninterrupted, secure, or error free or that any files available for downloading through this website are free of computer viruses or other harmful components. You alone are responsible for ensuring adequate protection and backup of data, software, computer, and other equipment is made and appropriate safeguard is in place to detect, prevent and eliminate computer viruses and other harmful effects. Neither Endowus nor the Information Provider will be responsible for any costs or expenses which may be incurred if your use of this website or if any downloads results in any servicing or replacement of property, material, equipment, or data.

This advertisement has not been reviewed by the Monetary Authority of Singapore.