Portfolio Manager
Tom Ackermans
The Fidelity Funds - Global Multiple Opportunities Fund page has been refreshed from Fidelity Funds’ April 2026 Hong Kong Extract Prospectus. The PDF fund description is for Global Multiple Opportunities Fund.
Investment Objective
The fund aims to achieve capital growth over the long term.
Investment Policy
The fund invests in a range of asset classes, including debt securities, equities, real estate, infrastructure, commodities and cash from anywhere in the world, including emerging markets. The fund may invest in the following assets according to the percentages indicated: • debt securities of any type: up to 60% • below investment grade debt securities: up to 50% • emerging market debt securities and equities: up to 30% • equities: up to 90% • government debt securities: up to 60% • China A and B shares and listed onshore bonds (directly and/or indirectly): less than 20% (in aggregate) • REITS: up to 20% • China offshore bonds (including dim sum bonds): less than 10% • equity-linked securities: up to 10% • eligible commodity exposure: up to 20% • hybrids and contingent convertible (CoCo) bonds: less than 30%, with less than 20% in CoCos • money market instruments: up to 25% • collateralised and securitised debt instruments: up to 20% The fund may also invest in other subordinated financial debt and preference shares. The fund’s exposure to distressed securities is limited to 10% of its assets.
Investment Process
In actively managing the fund, the Investment Manager combines macroeconomic, market and fundamental company analysis to dynamically allocate investments across asset classes and geographic areas. The Investment Manager will allocate investments across asset classes and geographic areas based on their potential to generate capital growth or reduce overall risk. The fund adopts a multi asset approach which affords significant potential for diversification. To achieve its objective the fund adopts a tactical asset allocation strategy where the fund’s investments may be actively balanced and adjusted. As part of the fundamental company analysis, the Investment Manager considers various factors, including growth and valuation metrics, company financials, return on capital, cash flows, company management, industry, and economic conditions. The Investment Manager considers ESG characteristics when assessing investment risks and opportunities. In determining ESG characteristics, the Investment Manager takes into account ESG ratings provided by Fidelity or external agencies. Through the investment management process, the Investment Manager aims to ensure that investee companies follow good governance practices. A minimum of 70% of the fund’s assets will adhere to specific multi asset ESG criteria.
SFDR Product Category
Article 8 (promotes environmental and/or social characteristics) – Multi Asset ESG Tilt.
Derivatives and Techniques
The fund may use derivatives for hedging, efficient portfolio management and investment purposes. In addition to core derivatives (see “How the Funds Use Instruments and Techniques”), the fund intends to use TRS. TRS (including CFD) usage Expected 5%; maximum 25%. Securities lending Expected 15%; maximum 30%. Repos/reverse repos Expected 0%; maximum 20%.
Benchmark
None.
Base Currency
EUR.
Main Risks
- Asset allocation
- China
- CoCo bonds
- Commodities
- Convertible securities
- Counterparty and collateral
- Credit
- Currency
- Derivatives
- Distressed securities
- Emerging markets
- Equities
- Hedging
- High yield
- Interest rate
- Investment fund
- Liquidity
- Market
- Operational
- Real estate
- Sustainable investing
Risk Management Method
Commitment.
Fidelity Hong Kong Website Data
Note: Visit the fund’s factsheet at https://www.fidelity.com.hk/en/funds/factsheet/GBD/G for the latest Morningstar rating, risk rating, NAV, fund size, and performance data.
Available Metrics (to be populated from Fidelity HK factsheet):
- Morningstar Rating: ★★★★☆ (to be verified)
- Risk Rating: /5 (Medium to High) (to be verified)
- Fund Size: (to be verified)
- NAV: (to be verified)
- Annual Management Fee: (to be verified)
- Max Sales Charge: (to be verified)
- Launch Date: (to be verified)
- 3-Year Standard Deviation: (to be verified)
- ISIN: (from prospectus)
- Bloomberg Ticker: (to be verified)
Performance Data (from Fidelity HK factsheet):
- Annual performance table
- Cumulative performance (YTD, 6m, 1yr, 3yr, 5yr)
- Top 10 holdings
- ESG metrics and MSCI ratings
- Volatility measures (standard deviation, beta, alpha, risk rating)
Charges and Expenses (from Fidelity HK factsheet):
- Max. Sales Charge
- Annual Management Fee
- Other fees (refer to prospectus)
Source
- Fidelity Funds, April 2026 Hong Kong Extract Prospectus:
data/fidelity/pr.ff.HK-en.HK.pdf