Dodge & Cox Worldwide US Stock Fund A GBP

A Select 50 Fund - Fidelity insight

Category US Large-Cap Value Equity

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

Last buy/sell price

£61.50

arrow-up£0.47 (+0.77%)

Fund Code

DCWUA

B50M4X1

IE00B50M4X14

Prices updated as at 20 Dec 2024

Prices in GBP

Investment objective

The Fund’s primary objective is to provide shareholders with an opportunity for long-term growth of principal and income. A secondary objective is to seek to achieve a reasonable current income. The Fund seeks to achieve its objective by investing primarily in a diversified portfolio of U.S. equity securities. Under normal circumstances, the Fund will invest at least 80% of its Net Asset Value in equity securities, including common stocks, depositary receipts evidencing ownership of common stocks, preferred stocks, securities convertible into common stocks and securities that carry the right to buy common stocks. The Fund may invest up to 10% of its Net Asset Value in U.S. Dollar-denominated securities of non U.S. companies traded in the U.S. (such as ADRs) that are not included in the S&P 500 Index.

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

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.

Our view

Why we like the fund: This is a relatively concentrated fund investing in listed companies in the United States. The manager is a 'value' investor, adopting a contrarian approach and often buying companies with depressed share prices. It has been investing on this basis for decades. Dodge & Cox is employee-owned, with a firm-wide investment philosophy, and offers only a handful of funds. It is well-established, with many highly experienced investors. How to use the fund: This could be a sensible choice for an investor with a long time-horizon of ten years or more. Dodge & Cox often buys companies which are struggling in the near term and so have depressed share prices, which makes it a 'value investor.' As such, the fund would likely blend well with another US equity fund that focuses on 'quality,' such as the Brown Advisory US Sustainable Growth Fund.

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.

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Dodge & Cox Worldwide Funds plc - U.S. Stock Fund