Fidelity Global Real Assets Fund (FOF) - NFO Analysis

NFO Date
11th Jan 2010 to 29th Jan 2010
FUND FEATURES
Scheme Objective
The investment objective of the Scheme is to aim to achieve long-term capital growth from a portfolio which will be primarily invested in Fidelity Funds - Global Real Asset Securities Fund, an offshore fund launched by Fidelity Funds (an open-ended investment company incorporated in Luxembourg) and similar to an Indian mutual fund scheme.
Type of Scheme
An Open Ended Fund of Funds (FOF) Scheme
Fund Manager
Amit C.Lodha
Min Investment
Lump sum- Rs. 5000/- and SIP -Rs 500/-
Entry load
Nil
Exit Load
31% if redeemed within 1 year of date of allotment or purchase
What is Fidelity Global Real Assets Fund?
• A First-of-its-kind opportunity to benefit from owning commodities, real estate, and more in one fund
• Feeder Fund (FF) into to the Fidelity Funds -Global Real Asset Securities Fund
• FF -Global Real Asset Securities Fund: Invests in stocks
• underpinned by real assets in the following areas:
- Energy (Oil, Natural Gas, Uranium, Coal, Solar etc.)
- Materials (Gold, Platinum, Steel, Chemicals, Agriculture, Aluminum, Copper etc.)
- Industrials (Infrastructure -aerospace, construction, rail, cement, roads, defence , ports, ship building etc.)
- Real Estate and Utilities (Electricity, Power, Water)
• A portfolio of 40 -60 best ideas and No market cap / style bias.
• Sector allocation will be dynamic and unconstrained –stock positions +/-10% of benchmark.
Why invest in this Fund?
• Real Assets outperform when inflation rises.
• Scarcity value and Long term Driver.
• Listed and traded Real Asset based opportunities in India are limited.
• Dynamic Asset Allocation across Real Assets to optimise returns.
• Benefit from Fidelity's research resources and expertise.
Ideal for Investors
• Looking to benefit from growth in real assets sectors.
• Adds geographical diversification to investors' portfolios.