Global Market Outlook 2022

Fidelity Australian Equities Fund...Paul Taylor

Key points

• Australia remained resilient throughout the pandemic, and it should remain an attractive place to invest, work, and study.

• There has been a notable acceleration in existing trends like e-commerce, which expands our investment universe.

• The resources sector, for example, has been bolstered by strong demand for commodities, and we think that the current market environment can aid those stock pickers with a robust process.

• We also like high-quality businesses with a sustainable competitive edge, strong free cash flow, and healthy earnings growth.