Fund Analysis

Fidelity Funds - Global Dividend Plus Fund A-USD

The Fidelity Funds - Global Dividend Plus Fund (A-USD) seeks to provide income and capital growth by investing primarily in a diversified portfolio of dividend-paying equities globally, with a focus on higher-yielding opportunities compared to the standard Global Dividend Fund.

Investment Objective

This fund targets companies globally that offer above-average dividend yields, often with a higher income bias than the standard Global Dividend Fund. The “Plus” positioning suggests a focus on maximizing income generation while maintaining quality standards.

Higher Yield Approach

By targeting higher-yielding equities, the fund may have greater exposure to sectors traditionally associated with high dividends — such as utilities, real estate investment trusts (REITs), financial companies, and energy. These sectors often offer yields significantly above the market average.

Income vs. Growth Trade-Off

Higher-yield strategies often sacrifice some capital growth potential compared to lower-yielding growth-oriented strategies. The fund is therefore more suitable for investors prioritizing income over pure capital appreciation.

Distributing Share Class

The A-USD share class distributes income to investors, providing a regular cash income stream suitable for retirement or income-focused investors.

Currency

Denominated in USD.

Risk Considerations

High-dividend stocks can be particularly sensitive to interest rate rises (which make bonds more attractive relative to equities), sector concentration risk, and dividend sustainability risk during economic downturns.

Risk & Return Metrics

Share class: A-ACC-USD | ISIN: LU2242646235 | Data: yfinance (1005 trading days, annualised at 252 days/year)

MetricDailyAnnualised
Expected Return0.0433%11.54%
Risk (Std Dev)0.8107%12.87%
MetricValue
First NAV8.9710
Last NAV13.4100
Total Return (period)49.48%
Fidelity Global Dividend Income USD