Fidelity Global Financial Services Fund(LU1363072403)
- Equities
- Financial service
- Global
- SGD Cash, SRS
- Accumulating
The Fund aims to provide investors with long-term capital growth, principally through investment in the equity securities of companies throughout the world which are involved in providing financial services to consumers and industry.
Offers sector specific exposure to the Financial Sector in a diversified (from traditional to fintech) manner Relatively defensive as 1) financial services sector holdings generally exhibit stable dividends and earnings, and 2) fund has a quality focus
The fund is managed by Muhammad (Mac) Elatab and Lee Sotos who are long-standing members of Fidelity's Financials Sector team Fidelity is known for having one of the largest research teams in the industry with over 400 investment specialists of globally of which 28 are dedicated to the Financials / Real Estate sector
The fund performance has been challenged after the PM change in 2023 Volatility comparable to index; the strategy aims to tilt towards higher quality companies that are likely to deliver reliable earnings growth and enjoy a higher return on equity
In-depth stock selection complemented by a macro overlay that helps guide exposures/risk taking No strict exposure or stop-loss limits are applied for this fund
Endowus offers retail share class with 100% trailer fee rebated back to investors to achieve lower cost of access
The Fund can be an attractive proposition for investors with a specific interest in the Financial Services sector, as the Fund provides broad exposure ranging from traditional banks to investment management firms and payment service providers. The accounting and regulatory complexity of financial companies, coupled with the relatively low research coverage, can also provide a fertile ground for alpha generation. At the same time, investors should be aware that the Fund is focused on a single sector and has significant exposure to US-listed companies and the PM change has led to a relatively less good performance. Therefore, diversification remains key when considering an investment in the Fund. The Fund should be used as a satellite holding to complement core allocations.
Daily data. Returns as of 13 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | -1.5% | -3.9% | -5.1% | 6.6% | 1.1% | 5.3% | 4.7% | 1.1% | - | - | - | - |
| 2025 | 15.1% | 6.3% | -0.1% | -1.5% | -2.5% | 3.9% | 1.3% | 3.3% | 0.9% | 0.2% | -1.2% | 1.4% | 2.5% |
| 2024 | 27.3% | 3.7% | 3.1% | 4.3% | -1.3% | 2.1% | 0.5% | 3.3% | 0.6% | -0.8% | 3.8% | 8.9% | -3.2% |
| 2023 | 15.2% | 6.7% | 2.0% | -9.4% | 4.7% | -2.5% | 7.0% | 2.9% | -1.3% | -0.6% | -4.4% | 6.6% | 3.9% |
| 2022 | -15.7% | -1.0% | -4.2% | -1.0% | -7.2% | 1.3% | -9.0% | 4.4% | 0.4% | -4.9% | 7.1% | 2.5% | -3.9% |
| Load more | 5 of 11 | ||||||||||||
| JPMorgan Chase & Co | 8.99% |
| Berkshire Hathaway Inc Class B | 5.81% |
| DBS Group Holdings Ltd | 4.30% |
| Mizuho Financial Group Inc | 3.74% |
| Wells Fargo & Co | 3.71% |
| Allianz SE | 3.70% |
| Interactive Brokers Group Inc Class A | 3.68% |
| Morgan Stanley | 3.37% |
| Royal Bank of Canada | 3.28% |
| Visa Inc Class A | 3.19% |
| Mitsubishi UFJ Financial Group Inc | 3.16% |
| Investor AB Class B | 2.89% |
| Mastercard Inc Class A | 2.35% |
| Banco Bilbao Vizcaya Argentaria SA | 2.34% |
| AXA SA | 2.34% |
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