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Fidelity Index World Class P - Income (GBP)

Sell:302.41p Buy:302.41p Change: 7.80p (2.51%)
Prices as at 1 August 2025
Sell:302.41p
Buy:302.41p
Change: 7.80p (2.51%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now
Prices as at 1 August 2025
Sell:302.41p
Buy:302.41p
Change: 7.80p (2.51%)
Prices as at 1 August 2025
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund is on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. However, this is not a recommendation to buy.

Index tracker funds, or 'trackers', are a convenient and low-cost way to achieve lots of diversification in an investment portfolio. By tracking the whole of the developed world stock market, this fund provides exposure to lots of different countries and companies. That means it could be a useful option for adding international diversification to a more UK-focused portfolio, or a simple way to form the shares portion of a portfolio.

Our view on the sector

It's natural for UK investors to focus on funds investing in their home market. But as the world has become more connected, so has the investment landscape. There are lots of funds investing across the globe, and these can be a great way to diversify an investment portfolio. Funds in the global sector can invest anywhere in the world. But they go about this in different ways. They vary in how much they can invest in certain types of companies, sectors, countries, or regions. Some focus on developed markets or large multinational corporations, while others invest more in higher-risk emerging markets or smaller companies. Some target companies with higher-growth expectations and others search for unloved companies with the potential to recover.

Performance Analysis

The fund has tracked the developed global stock market closely since it launched in 2012. As is typical of index tracker funds, it’s fallen behind its benchmark over the long term because of the costs involved in running the fund. However, the tools used by the managers have helped to keep the fund’s performance tight to the index. We'd expect this to continue, although there are no guarantees.

Investment Philosophy

Tracker funds are one of the simplest ways to invest. The fund aims to match the performance of an index, rather than beat it. They usually do this by investing in every company in the index. This means they don't need analysts to research individual companies, which helps keeps costs to a minimum. If the fund's costs are low, it's likely to track the index more closely over time.

Process and Portfolio Construction

The fund aims to track the MSCI World Index, which is made up of large and medium-sized companies from developed countries such as the US, Japan and Europe, including the UK. It aims to fully replicate the index by investing in all 1,300+ companies and in the same proportion. This helps the fund closely match the performance of the index. Cost management is very important to the team. They work out how to make the necessary changes to the fund in the most efficient and cost-effective way and decide how to handle corporate action events such as dividends, rights issues, mergers and acquisitions.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

01/08/20 to 01/08/21 01/08/21 to 01/08/22 01/08/22 to 01/08/23 01/08/23 to 01/08/24 01/08/24 to 01/08/25
Annual return 26.62% 4.20% 8.10% 19.02% 10.62%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Information about the fund

Fund manager biography

Manager Name: Geode Capital
Manager start date: 10 December 2012
Manager located in: Boston

Geode Capital Management is based in Boston USA and provides global investment solutions across multiple asset classes. Founded in 2001 to develop systematic investment strategies. Privately owned with independent board.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Invest now