Fidelity Sound Bites

This month we’ve brought out our top brass. Portfolios managers Paul Taylor (Fidelity Australian Equities Fund), James Abela (Fidelity Future Leaders Fund) and Casey McLean (Fidelity Australian Opportunities Fund) join forces to dissect August’s reporting season. How are shifting market dynamics are changing their outlooks for 2024? and how are they stacking the odds in their favour for the year ahead?

00:52: Reporting season recap
03:22: Company cost impacts 
07:14: Consumer impacts and changing consumption behaviour
10:40: Interest rates and property
13:53: Commodities and will China bounce?
19:35: Wrap up reporting season in 3 words
21:35: Has reporting season changed the outlook?

Got questions for us? Email [email protected]

See why we’re an Aussie expert

This episode was recorded 7 September 2023. Read our full disclaimer.

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

With high grade copper being harder and harder to find and demand increasing, what will the world’s largest miners do to meet global supply targets?

Paul speaks with Sam Heithersay, Fidelity’s mining analyst who just came back from a recent research trip to Mongolia to discuss the outlook for copper, and how miners and mines are evolving to meet demand.

Read more about Oyu Tolgoi here.

Got questions for Paul? Email us at [email protected]

This episode was recorded 2 August 2023. Read our full disclaimer.

Find out more about the Fidelity Australian Equities Fund

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

James looks back on 10 years of investing in Aussie small and mid-caps, and some of the names that helped him get here. We also analyse the current environment, and why it may not be just earnings driving markets as reporting season kicks off.

Got questions for James? Email us at [email protected]

This episode was recorded 2 August 2023. Read our full disclaimer.

Find out more about the Fidelity Future Leaders Fund

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

As we gear up for reporting season, mid and small cap universe dynamics are shifting with a significant dispersion between small and mid-cap companies. With less fear  being seen in the market, valuations have expanded on the expectation of earnings growth. But the burning question for investors remains, will companies be able to deliver come August’s reporting?

This month James sheds light on the market's journey from a value-driven rally to the current momentum-focused climate and which sectors he believes are expected to thrive and which ones might face challenges ahead of reporting season.

Got questions for James? Email us at [email protected]

This episode was recorded 18 July 2023. Read our full disclaimer.

Find out more about the Fidelity Future Leaders Fund

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

In a slightly longer episode than usual, Paul looks back on 20 years of running the Fidelity Australian Equities Fund, with stories of some of the biggest winners and valuable lessons from the occasional losers.

Hear the secrets behind the Fund’s success which has seen it outperform it’s benchmark by over 2% p.a (after fees)* for over two decades and why Paul has the confidence to continue to provide returns for investors well into the future.

The Fund's latest performance information can be obtained via [Fidelity Australian Equities Fund]. Please refer to the relevant footnotes and disclaimers regarding performance and related matters in the Fidelity Product performance summary - Monthly report 30 June 2023. Past performance is not a reliable indicator of future performance. 

Got questions for Paul? Email us at [email protected]

This episode was recorded 18 July 2023. Read our full disclaimer.

Find out more about the Fidelity Australian Equities Fund

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Could the rising demand for critical minerals reshape Australia’s commodities sector? In this month’s episode, Paul explores the concept of the “green premium” and its implications for Australian commodities in light of changes to the US’s Inflation Reduction Act and regulation in the EU.

We also analyse the recent RBA rate rise and whether this changes his outlook for a domestic recession.

Got questions for Paul? Email us at [email protected]

This episode was recorded 7 June 2023. Read our full disclaimer.

Find out more about the Fidelity Australian Equities Fund

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Is the consumer sector heading for trouble? Join Andrew, James and Consumer Investment Analyst, Brendan Mowry, as they explore the challenges facing consumers as cyclical cracks begin to appear. From the impact of rising rates to mortgage cliffs, what parts of the market are going to be under stress, and where do the opportunities lie?

Got questions for James? Email us at [email protected]

This episode was recorded 7 June 2023. Read our full disclaimer.

Find out more about the Fidelity Future Leaders Fund

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Tuesday night saw Labor's 2023 Federal budget handed down. While many were focused on the household impacts, our analysts were looking at potential impacts on sectors and portfolios. 

In this bonus episode, Portfolio Manager of the Fidelity Australian Opportunities Fund, Casey McLean, Analyst and Portfolio Manager covering healthcare, Zara Lyons and Consumer Analyst, Brendan Mowry give you their budget breakdown.

Have a topic you want us to cover? Email us at [email protected]

This episode was recorded 10 May 2023. Read our full disclaimer.

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

As rates revert back to rising, property may not seem like a great place to be investing right now - but there’s still growth to be found.

Paul breaks down why he thinks industrial property is the place to be in the current environment, and what makes Goodman Group his preferred play.

We also discuss April’s performance and cover off the recent M&A activity including bids for Blackmores and Silk Laser.

Got questions for Paul? Email us at [email protected]

This episode was recorded 3 May 2023. Read our full disclaimer.

Find out more about the Fidelity Australian Equities Fund

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

The last decade gave us cheap money and no-flation, and oh how times have changed. Inflation may have finally peaked, but the same can’t be said for rates. So how does a seasoned investor find the winners of tomorrow when the landscape has evolved?

This month James takes you through how he makes sense of markets and the characteristics he’s looking for in the current environment with some look throughs on Altium, Orica, Auckland Airport & Vicinity Centres.

Got questions for James? Email us at [email protected]

This episode was recorded 3 May 2023. Read our full disclaimer.

Find out more about the Fidelity Future Leaders Fund

Get the latest insights from Fidelity

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.