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The Fidelity Special Situations Fund is a mutual fund that invests in companies undergoing significant change. These changes can include mergers, acquisitions, spin-offs, bankruptcies, or other corporate events. The fund is managed by Fidelity Investments, one of the largest asset managers in the world.
The fund has been in existence since 1984 and has outperformed the S&P 500 index over the long term.
Fidelity Special Situations Fund is a mutual fund that invests in companies undergoing significant change. This can include companies that are experiencing financial distress, or legal troubles or are in the midst of a turnaround. The fund is managed by Fidelity Investments, one of the largest asset managers in the world.
The fund has outperformed its benchmark, the Russell 3000 Value Index, over the past five years. It has also been one of the top-performing funds in its category over that time period. Investors who are looking for a way to profit from companies in transition should consider investing in the Fidelity Special Situations Fund.
Fidelity Global Special Situations Fund
Fidelity Global Special Situations Fund is a fund that invests in companies around the world that are facing unique or difficult situations. These can include turnaround situations, regulatory changes, activist investor pressure, and more. The fund is managed by Fidelity Investments, one of the largest asset managers in the world.
The fund has been around since 2013 and has performed well over that time frame. In fact, it was one of the best-performing mutual funds in 2018. The fund’s performance has been driven by its exposure to global economic growth and its focus on special situation investing.
If you’re looking for a mutual fund with a proven track record of success and a focus on special situation investing, then you should consider Fidelity Global Special Situations Fund.
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What is Fidelity Special Situations Fund?
Fidelity Special Situations Fund is a mutual fund that focuses on investments in companies undergoing significant change, such as restructurings, spin-offs, and mergers & acquisitions. The fund is managed by Fidelity Investments, one of the largest asset managers in the world with over $2 trillion in assets under management.
The Fidelity Special Situations Fund was launched in October 2009 and has since amassed over $10 billion in assets.
The fund is co-managed by Joel Tillinghast and Harry Lange, two experienced portfolio managers with a long track record of success at Fidelity.
The fund’s investment strategy is to identify companies that are undergoing some form of change and to invest in them at prices that offer a significant margin of safety. The goal is to generate superior risk-adjusted returns for investors over the long term.
To achieve this, the fund invests across a wide range of industries and sectors with a focus on companies domiciled in developed countries. The portfolio typically consists of 40-60 stocks which are carefully selected based on rigorous analysis.
The Fidelity Special Situations Fund has outperformed its benchmark (the Russell 3000 Value Index) since inception and has generated annualized returns of 13.4% since 2009 compared to 11.4% for the Russell 3000 Value Index (as of December 31, 2019).
What are Special Situations Funds?
Special situations funds are a type of hedge fund that invests in companies or industries that are experiencing some kind of change or upheaval. This could be anything from a merger or acquisition to a restructuring or turnaround situation. Special situations funds are typically run by very experienced and knowledgeable investors who know how to identify and profit from these types of opportunities.
One of the key things to understand about special situations investing is that it is often very contrarian in nature. This means that you will often be buying into companies or industries when they are out of favor with the market, which can be risky. However, if you do your homework and pick your investments carefully, then there can be huge rewards on offer.
If you’re thinking about investing in a special situations fund, then make sure you do your research first and speak to an experienced financial advisor.
What Does a Special Situations Fund Invest In?
A special situations fund is a type of hedge fund that invests in companies or assets that are undergoing some type of change or transformation. This could include anything from a merger or acquisition to a bankruptcy restructuring. Special situations funds can be either long-term or event-driven, but they typically have a higher risk than other types of hedge funds.
While there is no one-size-fits-all definition for what qualifies as a special situation, there are some common characteristics that these investments share. First, they are usually not well understood by the broader market and may be undervalued as a result. Second, they often involve some sort of catalyst that can trigger a change in the company’s fortunes – such as an upcoming merger or regulatory change.
And finally, they tend to be high-risk/high-reward opportunities, which means that there is the potential for significant losses if things don’t go as planned. Despite the inherent risks, special situations funds can offer investors the chance to generate above-average returns. For example, if a company is acquired at a price significantly above its current market value, shareholders can reap substantial profits.
However, it’s important to remember that these investments are not for everyone and should only be made by those who are comfortable with taking on extra risk.
What is a Special Situation Mutual Fund?
A special situation mutual fund is a type of investment fund that invests in companies undergoing corporate restructurings, such as spin-offs, bankruptcies, or mergers and acquisitions. The goal of investing in these types of companies is to achieve capital appreciation through the successful completion of the corporate event. Special situation mutual funds are usually managed by experienced professionals who have expertise in analyzing and evaluating these types of investments.
Many special situation funds are closed-end funds, which means they are not continually offered for sale like traditional open-end mutual funds. Instead, they are only available for purchase during a limited time period, typically when the fund is first launched. Investors in special situations mutual funds should be prepared for a higher degree of risk than more traditional investments.
However, if the restructuring event is successfully completed, investors can potentially achieve significant returns on their investment.
Fidelity China Special Situations – Dale Nicholls, Portfolio Manager
Conclusion
The Fidelity Special Situations Fund is a mutual fund that invests in companies undergoing major changes, such as mergers, restructurings, and spin-offs. The fund’s managers look for companies with sound management teams and solid fundamentals that are trading at a discount to their intrinsic value. The Fidelity Special Situations Fund was launched in December 2010 and has outperformed the market since its inception.
The fund has a five-star rating from Morningstar and is managed by Joanna Bewick, who has over 20 years of experience managing change-oriented portfolios.
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