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OnePath OA FR Pen-Fidelity Australian Eq

MMF1616AU

OnePath OA FR Pen-Fidelity Australian Eq MMF1616AU Strategy

The Fidelity Australian Equities option provides investors with the potential for long-term capital growth and some income by investing in a diversified portfolio of listed Australian shares. Fidelity believes that markets are semi-efficient and share prices don’t always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities that it believes offer the greatest scope for outperformance.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

funds

Morningstar reassess view of Platinum ETF and fund

Changes to the portfolio management team drive a ratings revision.
funds

Listed Investment Companies monthly performance: March 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
funds

Why LICs may be close to bottoming

Investor disgust, consolidation, de-listings, price discounts, activist investors entering - it’s what typically happens at business cycle troughs, and it’s happening to LICs now. That may present a potential opportunity.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,849.30 88.20 -1.11%
CAC 40 8,016.65 75.21 -0.93%
DAX 40 17,917.28 171.42 -0.95%
Dow JONES (US) 38,085.80 375.12 -0.98%
FTSE 100 8,078.86 38.48 0.48%
HKSE 17,626.75 342.21 1.98%
NASDAQ 15,611.76 100.99 -0.64%
Nikkei 225 37,976.95 348.47 0.93%
NZX 50 Index 11,810.32 136.11 -1.14%
S&P 500 5,048.42 23.21 -0.46%
S&P/ASX 200 7,587.70 95.30 -1.24%
SSE Composite Index 3,076.92 24.02 0.79%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.03 0.00 -2.94%
Jupiter Mines Ltd JMS 0.30 0.00 0.85%
The Star Entertainment Group Ltd SGR 0.39 0.01 -2.50%
Imugene Ltd IMU 0.08 0.00 -3.61%
Red 5 Ltd RED 0.44 0.01 2.91%
BHP Group Ltd BHP 43.21 2.03 -4.48%
Tietto Minerals Ltd TIE 0.68 0.00 0.00%
Pilbara Minerals Ltd PLS 3.81 0.05 -1.30%
South32 Ltd S32 3.37 0.06 1.81%
Alligator Energy Ltd AGE 0.06 0.00 3.77%