skip to main content
Compare ISA Providers /

Fidelity Global Special Situations Fund ISA

Invest in a Fidelity Global Special Situations Fund ISA in 2022

Investment ISAs put your capital at risk & you may get back less than you originally invested

Stocks & Shares ISA

from Fidelity

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 4,000 investment options, including one of the widest fund ranges in the UK.
  • Invest From: £25 pm

Stocks & Shares ISA

from Nutmeg

Allows ISA Transfers
  • Fund Choice: Nutmeg offer 4 diversified portfolios with ETFs, using technology to keep charges low.
  • Invest From: Min. £500 single

Share Dealing ISA

from Hargreaves Lansdown

Allows ISA Transfers
  • Trade From (frequent trader rate): £5.95 per trade - 20 trades + pm
  • Trade From (standard trader rate): £11.95 per trade

Investment ISA

from Barclays Smart Investor

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in shares, funds, investment trusts, exchange traded funds. 5 Ready made portfolios if you are not sure where to invest. Capital at risk.
  • Invest From: £1 pm

Share Dealing ISA

from IG

Allows ISA Transfers
  • Trade From (frequent trader rate): £3.00
  • Trade From (standard trader rate): £8.00

Share Dealing ISA

from Interactive Investor

Allows ISA Transfers
  • Trade From (frequent trader rate): £7.99 (Investor Plan: Flat fee of £9.99pm with one free trade)

Stocks & Shares ISA

from InvestEngine

Allows ISA Transfers
Regular Savings
  • Fund Choice: Offering commission-free DIY investing or low-cost, professionally managed income or growth portfolios built for you
  • Invest From: £100

Share Dealing ISA

from AJ Bell

Allows ISA Transfers
  • Trade From (frequent trader rate): £4.95
  • Trade From (standard trader rate): £9.95

Stocks & Shares ISA

from Willis Owen

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from a wide range of funds, shares, investment trusts and ETFs. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.
  • Invest From: £25

Stocks & Shares ISA

from Moneyfarm

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose your risk profile and have it matched to an investment portfolio expertly built and managed.
  • Invest From: £1,500

Stocks & Shares ISA

from Wealthify

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose your risk profile and have an investment Plan built and managed for you.
  • Invest From: £1

What is a Fidelity Global Special Situations Fund ISA?

A Fidelity Global Special Situations Fund ISA is a Stocks and Shares ISA that invests in the Fidelity Global Special Situations Fund.

What is a Stocks and Shares ISA?

A Stocks and Shares ISA is a type of tax-free savings account that allows you to invest your savings in the stock market.

ISAs are completely free from income tax and capital gains tax, meaning that you can keep 100% of your profits from your dividends and investment growth.

What is the Fidelity Global Special Situations Fund?

Fidelity’s Global Special Situations Fund is a managed fund, or open-ended investment company (OEIC), managed by Fidelity’s investment professionals.

The fund can be traded on investment platforms such as Hargreaves Lansdown and Fidelity’s own platform. It is open to retail customers who can invest from as little as £100 within an investment account, such as a Stocks and Shares ISA.

What does the Fidelity Global Special Situations Fund invest in?

The fund itself invests in shares of a wide range of small, medium and large companies across the world, with the primary goal of long-term capital growth.

The companies it invests in typically fall into one of the three following categories in the eyes of the fund managers:

  1. Companies whose share prices represent exceptional value
  2. Companies with strong competitive advantages within their operating sector
  3. Businesses that could experience significant short term share price growth in light of a potential merger or acquisition with another company

The most popular sector for the fund can change from month to month. However, some of the most heavily weighted sectors are:

  1. Technology Hardware & Equipment
  2. Software & Computer Services
  3. Banks and Cash Equivalent Products

In terms of geographical range, the fund has a global scope and does not rule out any countries specifically from its investment strategy.

However, the fund invests predominantly in US companies, with the States having the highest weighting by a significant margin. Approximately 40-50% of the fund’s investments are American companies (although this is subject to fluctuation).

How do I Open a Fidelity Global Special Situations Fund ISA?

  1. First, you’ll need to open a Stocks and Shares ISA account via an investment platform that allows you to pick your own funds and shares to invest in.
  2. The easiest way to open a Stocks and Shares ISA is usually online via their website.
  3. The process takes 10-15 minutes, and you’ll need your National Insurance number, some personal information and your debit card to add money to your account.
  4. Once you have opened your ISA and topped up, you can then buy Fidelity Global Special Situations Fund units to invest in.

Can I transfer an existing ISA into a Fidelity Global Special Situations Fund ISA?

Yes, you can transfer an existing Stocks and Shares ISA or Cash ISA into a new ISA and invest in the Fidelity Special Situations Fund.

You’ll need to complete a Stocks and Shares ISA transfer form with your new provider to transfer, and then purchase the fund units once your transfer is complete.

Sam Hodgson
Edited by Sam Hodgson - ISA.co.uk

Frequently Asked Questions

No. You can switch providers with an ISA transfer if you wish. You can also contribute to other ISA providers in separate tax years.

ISA accounts are authorised and regulated by the Financial Conduct Authority (FCA). This means that all ISA providers are covered by the Financial Services Compensation Scheme (FSCS) for up to £85,000 if they go out of business.

Please note that this may not apply to the underlying holdings within a Stocks and Shares ISA, and will not cover standard investment losses. 

No, ISA stands for Individual Savings Account and must be solely owned for tax purposes.

Your investments can go up as well as down, and so you should always be prepared for the event that you could lose money.

You can withdraw money at any time from your Stocks and Shares ISA.

Yes. Most providers allow you to have dividends automatically paid out to your bank account upon receipt. You can also have them reinvested automatically, too.

You will be charged an annual management charge from your investment ISA provider, and you may also need to pay ad hoc administration and dealing charges.

The funds you invest in may also charge an annual fee. 

You can do this online, via a mobile app, on the telephone or with postal instruction. You will need to sell any relevant holdings first and then withdraw the proceeds.

Most ISA withdrawals will complete in approximately five working days, but they could take longer depending on the assets you need to sell.

The annual ISA allowance is set by HMRC each year, and the current limit is £20,000 per person for the 2021/22 tax year.

There is no limit to how much you can withdraw from your Stocks and Shares ISA, but the funds you withdraw will lose their ISA status. You may be charged an account closure fee if you withdraw everything.

Important Risk Information:

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website aims to provide information to help you make your own informed decisions. It does not provide personal advice based on your circumstances. If you are unsure of how suitable an investment is for you, please seek personal advice.