View more on these topics

Fidelity launches global dividend fund

Fidelity Worldwide Investment is to add to its equity income range with the launch of the Fidelity global dividend fund for manager Daniel Roberts at the end of the month.

The global income fund will hold a portfolio of approximately 50 best ideas with companies set to deliver capital and income growth.

The fund will aim to provide investors with a gross yield 25 per cent higher than the yield of the MSCI All Countries World index and an estimated yield at launch of 4%.

Former Gartmore manager Roberts (pictured) will aim to balance the fund between high yielding stock and those with potential for “substantial future dividend growth”.

Fidelity Worldwide Investment head of retail sales Ben Waterhouse says: “We have seen huge demand for equity income products in this current environment of low economic growth and market volatility.

“Daniel has a proven track record and coupled with access to our global network of analysts, we believe we have a competitive edge in evaluating opportunities for income around the world.”

The fund, which will sit in the Investment Management Association new global equity income sector, will carry an annual management charge of 1.5%.


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. There is something wrong when the expences are 3 times the fed funds rate.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm