Fidelity Special Situations Accumulation Units 
Overview
| Fund manager's initial charge | 3.50% |
|---|---|
| HL initial saving | 3.00% |
| Net initial charge | 0.50% |
| Dealing charge | Free |
| Fund manager's annual charge | 1.50% |
| Performance charges | No |
| Total Expense Ratio | 1.70% |
| HL annual saving | 0.20% 2 |
| Platform fee | Free |
| Launch date | 17-12-1979 |
| Launch price | £0.25 |
| Sector | UK All Companies |
| Fund size | £2,383 million |
| Number of holdings | 142 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
Invest online now
Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
According to Sanjeev Shah many UK shares look excellent value. He remains confident that the fund's exposure to the financial sector will pay off, and has added to Lloyds Banking Group and Citigroup, but reduced his holding in Royal Bank of Scotland. He believes this is a good time to own good retail and commercial banks, as many have made positive changes to their business models and should benefit from a recovery. He also likes the prospects for media companies and has increased exposure to ITV by taking advantage of recent share price weakness. It has been a challenging period for the fund, but we continue to believe Sanjeev Shah is a talented fund manager with good potential to outperform.
About the Fund Manager
Sanjeev Shah
Located in: London
Sanjeev received an M.A (Hons) in Economics from Cambridge University in 1992 and an MBA from INSEAD in 1995. He holds the ACMA for the Chartered Institute of Management Accountants, UK. Sanjeev has 16 years of Investment experience starting as a Business Analyst for Unilever in 1992, before joining Fidelity as a Research Analyst in 1996. Sanjeev progressed to Portfolio Manager in 2002 when he took control of the FIF Growth & Income Fund and the FIF UK Aggressive Fund. Sanjeev became Portfolio Manager for the FIF Special Situations Fund in January 2008.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 March 2012 |
|---|---|
| Payment date 4 | 30 April 2012 |
Top 10 holdings
| HSBC Holdings PLC (UK Reg) | 6.62% |
|---|---|
| GlaxoSmithKline | 5.78% |
| British Sky Broadcasting Group | 5.65% |
| Lloyds Banking Group | 4.98% |
| BP | 4.95% |
| Vodafone Group | 4.31% |
| Wolseley | 3.55% |
| Kingfisher | 3.05% |
| J Sainsbury | 2.74% |
| Centrica | 2.66% |
Top 10 sectors
| Media | 15.60% |
|---|---|
| Banks | 15.37% |
| Pharmaceuticals & Biotechnology | 7.46% |
| Oil & Gas Producers | 7.28% |
| Support Services | 6.11% |
| Travel & Leisure | 4.75% |
| Financial Services | 4.63% |
| General Retailers | 4.62% |
| Mobile Telecommunications | 4.31% |
| Food & Drug Retailers | 3.45% |
Top 10 countries
| United Kingdom | 92.01% |
|---|---|
| United States | 2.54% |
| Cash and Equiv. | 2.45% |
| Direct Property and REITs | 0.85% |
| France | 0.78% |
| Hong Kong | 0.77% |
| Netherlands | 0.63% |
| Sweden | 0.51% |
| Non-Classified | -0.54% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
2 Annual saving is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Prices as at 09-02-2012. Data as at 31/10/2011.
