Ninety One American Franchise Fund

Select share classes

There is only one type of share class for this fund.

Ninety One American Franchise Fund I Acc GBP

Category US Large-Cap Growth Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

581.19p

arrow-up18.50p (+3.29%)

Fund Code

ICARA

B1XFJ34

GB00B1XFJ342

Prices updated as at 06 Nov 2024

Prices in GBX

Investment objective

The Fund aims to provide capital growth over at least 5 years. The Fund invests primarily (at least two-thirds) in the shares of USA companies (those incorporated in, domiciled in, or that have significant economic exposure to, the USA) and in related derivatives (financial contracts whose value is linked to the price of the shares of such USA companies). The Fund focuses on investing in companies believed to be of high quality, which are typically associated with strong brands or franchises.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/09/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

8

49

10

Medium

0

9

21

Small

0

3

0

Fixed income style
High ltd
0.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
0
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality -
Avg wtd coupon 5.26
Modified duration -
Credit quality breakdown
Rating % of Bond
No Data

	Bond %
Avg credit quality	-
Avg wtd coupon	5.26
Modified duration	-

Rating	% of Bond
No Data

Valuation

Ninety One American Franchise Fund I Acc GBP

US Large-Cap Growth Equity

26.83

28.31

6.90

4.82

6.25

7.06

22.25

20.45

Growth rate

Ninety One American Franchise Fund I Acc GBP

US Large-Cap Growth Equity

12.28%

16.37%

0.93%

0.66%

8.27%

14.23%

Top 10 holdings

Sector

Country

United States

% of assets

9.06132

Sector

Country

United States

% of assets

8.58205

Sector

Country

United States

% of assets

4.69251

Sector

Country

United States

% of assets

4.45095

Sector

Country

United States

% of assets

4.15903

Sector

Country

United States

% of assets

3.9074

Sector

Country

United States

% of assets

3.59874

Sector

Country

United States

% of assets

3.54198

Sector

Country

United States

% of assets

3.52796

Sector

Country

United States

% of assets

3.41054

Assets in top 10 holdings %

48.93%

Total no. of equity holdings

30.00

Total no. of bond holdings

-

Stock sectors

Ninety One American Franchise Fund I Acc GBP

US Large-Cap Growth Equity

22.96%

Basic materials

Con cyclical

5.03%

Financial svs

15.23%

Real estate

2.70%

45.03%

Comm services

8.72%

Energy

Industrials

3.46%

Technology

32.84%

32.01%

Con defensive

9.24%

Healthcare

22.77%

Utilities

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.