Dodge & Cox Worldwide Global Stock Fund GBP Distributing Class
A Select 50 Fund - Fidelity insight
Category Global Large-Cap Value Equity
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
£31.96
£-0.10 (-0.31%)
Fund Code
DCWGI
B54PSJ0
IE00B54PSJ04
Prices updated as at 26 Nov 2024
Prices in GBP
Investment objective
The Fund’s objective is to provide shareholders with an opportunity for long-term growth of principal and income. The Fund seeks to achieve its objective by investing primarily in a diversified portfolio of equity securities from at least three different countries located anywhere in the world, which may include Emerging Market Countries. Under normal circumstances, the Fund will invest at least 40% of its Net Asset Value in securities of non-U.S. companies. 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 5% of the Fund’s Net Asset Value directly in Russian securities.
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.
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Our view
Why we like the fund:
This is a relatively concentrated fund investing in companies across the world. It focuses primarily on developed markets, like the US, Europe, UK, Japan and Australasia, but will also invest smaller amounts in emerging markets, like parts of Asia, Latin America and Africa. The managers are 'value' investors, quite contrarian and often buying companies with depressed share prices; they have been investing on this basis for decades. Dodge & Cox is an employee-owned business which offers a limited number of funds. Having a firm-wide investment philosophy enables the culture to thrive. It is well-established, with many highly experienced investors.
How to use the fund:
This is 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 have depressed share prices. As a 'value' fund this would likely blend well with another global equity fund that focuses on 'quality', such as the BNY Mellon Long-Term Global Equity Fund.
