The Fidelity Funds - World Fund (A-ACC-USD) seeks long-term capital growth by investing primarily in equity securities of companies globally, drawing on Fidelity’s extensive worldwide research capabilities to identify the best investment opportunities across all markets and sectors.
Investment Objective
The World Fund is Fidelity’s flagship global equity offering, providing broad exposure to equity markets worldwide. It invests across all geographies — North America, Europe, Asia Pacific, and emerging markets — seeking companies with superior growth prospects, strong competitive positions, and attractive valuations.
Global Equity Market
Global equities represent the broadest available investment universe, encompassing thousands of publicly listed companies across over 40 countries. By investing globally, the fund can:
- Participate in growth stories wherever they emerge
- Diversify away from single-country concentration risk
- Access sectors and themes underrepresented in any individual market
Fidelity’s Research Edge
Fidelity employs one of the world’s largest investment research teams, with analysts covering companies across every major market globally. This proprietary research capability is a key competitive advantage for stock selection.
Benchmark
The MSCI World Index — covering approximately 1,500 large and mid-cap companies across 23 developed markets — is a typical benchmark for this type of fund.
Accumulating Share Class
The ACC share class reinvests all income for maximum compounding effect.
Currency
Denominated in USD.
Risk Considerations
Global equity market risk, currency risk (holdings in many currencies translated to USD), and the challenge of maintaining an information edge across such a broad investment universe are key considerations.
Risk & Return Metrics
Share class: A-ACC-USD | ISIN: LU1084165304 | Data: yfinance (1004 trading days, annualised at 252 days/year)
| Metric | Daily | Annualised |
|---|---|---|
| Expected Return | 0.0416% | 11.04% |
| Risk (Std Dev) | 0.9948% | 15.79% |
| Metric | Value |
|---|---|
| First NAV | 18.3900 |
| Last NAV | 26.5500 |
| Total Return (period) | 44.37% |