UK investment Trust continues impressive gains and beats 12-month index (LON:FSV)

Fidelity

Fidelity Special Values PLC (LON:FSV) has published its monthly factsheet for July 2025.

Portfolio Manager Commentary 

UK equities advanced in July as investor sentiment improved amid positive trade developments and supportive sectoral performance. The US administration’s announcement of multiple trade agreements offered some clarity around the evolving policy environment and helped restore investor confidence. The UK was seen as a relative winner, particularly after securing an early trade deal with the US, which boosted the appeal of attractively valued UK names. The market was also supported by upward earnings revisions in energy and materials.  

The UK has been performing well over the past five years and remains a fertile hunting ground for contrarian stock pickers. While there has been some narrowing in regional valuations following the strong year-to-date performance, the UK has room to run further. It continues to trade at a meaningful discount to other regions on an absolute basis. We believe that the current market conditions continue to favour our contrarian-value investment style. While it is still a developing trend, it is encouraging to see other market participants showing increasing interest in UK equities. The UK market offers a rich pool of investment opportunities for diligent investors, combining strong earnings growth, high dividend yields and low valuations.  

On a rolling 12-month basis, the Trust recorded NAV and share price returns of 14.1% and 17.1% respectively, compared to 12.1% for the index.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

UK stocks rise as investors look through leadership change

UK stocks rose as investors looked through the leadership change and focused on banks, fiscal signals, gilt yields and selective company strength.

FTSE 100 forecast puts UK value shares in focus

FTSE 100 strength is putting UK value shares back in focus, with Marks & Spencer and British Land offering clear but different investor cases.

Fidelity Special Values reports April rebound and 32% annual share growth (LON:FSV)

Fidelity Special Values said UK equities rebounded in April as markets stabilised after March’s sell-off, with the Trust delivering 12-month NAV and share price returns of 24.1% and 31.8%.

Fidelity Investment Companies Forum 21 July 2026 – Hear all Portfolio Managers live!

Join Fidelity’s Investment Companies Forum online on 21 July to hear live market insights from portfolio managers across Europe, Asia, China and Emerging Markets, with opportunities to ask questions directly.

Fidelity Special Values delivers 28% one-year return, reinforcing conviction in value contrarian approach

Fidelity Special Values reports strong 12-month NAV and share price returns, while noting that recent UK market volatility is creating attractive opportunities for its contrarian value strategy.

Fidelity Special Values posts strong share price performance and dividend growth

Fidelity Special Values PLC delivered a 23.1% share price total return and 17.1% NAV total return for the six months to 28 February 2026, supported by gains in financials, defence and resources.

Search