Fact sheet: CM Fidelity MoneyBuilder Inc Pn

Fund information
Fund name
CM Fidelity MoneyBuilder Income Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Ian Spreadburysince 02/10/1995
  • Sajiv Vaidsince 02/08/2015
Underlying fund
Fidelity Moneybld Income
Fund objective
To achieve an attractive level of income from a portfolio primarily invested in GBP-denominated fixed-interest securities.
Benchmark
  • ML Sterling A Corp Bond
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.6%
1 Year rank in sector
204/261
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£13m (£14m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
35
Bid price
183
Offer price
192.6
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP19.4%
OMW IPL L&G AAA CrpBdOv15YIx Pn15.6%
M&G PP All Stock Corporate Bond Pn15.6%
Zurich M&G All StCor Bd15.4%
L&G PMC AAAAAA CpBd Ov15Y Id Pn14.8%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK68.9%
    USA9.1%
    France5.1%
    International3.4%
    Germany3%
  • Investment Grade Bonds41.2%
    Financials21%
    Asset/Mortgage-Backed Securities13.8%
    Investment Grade Government Bonds8.7%
    Government Bonds6.4%
  • UK Fixed Interest68.9%
    US Fixed Interest9.1%
    French Fixed Interest5.1%
    European Fixed Interest4.3%
    Global Fixed Interest3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%1.6%-3.4%8.6%18.3%32.1%
Sector0.3%1.8%-3%10.2%19.3%36.9%
Rank within sector146 / 265191 / 264194 / 265204 / 261145 / 235181 / 214
Quartile3rd3rd3rd4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund0.4%8.3%-0.8%11.7%-0.5%
Sector0.2%9.4%0.2%10.5%1%
Rank within sector106 / 265179 / 260219 / 24668 / 235207 / 226
Quartile2nd3rd4th2nd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.62
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.04
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.31
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.61
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.9
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.48
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.98
Price movement
52 week high191
52 week low168.1
Current bid price183
Current offer price192.6
Current mid price-
Region
1UK68.91%
2USA9.07%
3France5.08%
4International3.38%
5Germany2.95%
6Europe2.26%
7Australasia2.11%
8Continental Europe2.03%
9Money Market1.43%
Industry sector
1Investment Grade Bonds41.24%
2Financials21.01%
3Asset/Mortgage-Backed Securities13.77%
4Investment Grade Government Bonds8.7%
5Government Bonds6.36%
6High Yield Bond5.24%
7Others2.04%
8Money Market1.43%
9Foreign Exchange0.15%
Asset type
1UK Fixed Interest68.91%
2US Fixed Interest9.07%
3French Fixed Interest5.08%
4European Fixed Interest4.29%
5Global Fixed Interest3.53%
6German Fixed Interest2.95%
7Asia Pacific Fixed Interest2.11%
8Money Market1.43%
9Swiss Fixed Interest1.13%
Individual holdings
1EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10002.15%
2NETWORK RAIL INFRASTRUCTURE FINANCE 4.75% NTS 29/11/35 GBP500001.59%
3ASPIRE DEFENCE FINANCE 4.674% SER`A`GTD SEC BD 31/3/40 GBP500001.23%
4SANTANDER UK PLC 5.125% NTS 14/04/22 GBP10001.22%
5RESEAU FERRE DE FRANCE 5.25% EURO MED TRM NTS 7/12/2028 GBP10001.21%
6TREASURY 4.25% GILT 07/06/2032 GBP0.011.09%
7CLYDESDALE BANK 4.625% REG CVD BDS 08/06/26 GBP1000001.05%
8FIDELITY INSTITUTIONAL LIQUIDITY GBP A DIS1.02%
9RWE FINANCE BV 6.125% MTN 06/07/39 GBP500001%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
To achieve an attractive level of income from a portfolio primarily invested in GBP-denominated fixed-interest securities.
Benchmark
  • ML Sterling A Corp Bond
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ian Spreadbury02/10/1995Ian Spreadbury is a Senior Portfolio Manager at Fidelity International with 30 years investment experience. Since joining Fidelity in 1995, he has been responsible for managing several of Fidelity's bond strategies. Previously, he worked for Legal and General in various positions including Senior Portfolio Manager (Bonds). Ian has a BSc in Pure & Applied Mathematics from University College of North Wales and an MSc in Mathematical Statistics from University of Sussex. He is also a Fellow of the Institute of Actuaries and is one of the most experienced fixed income managers in the industry.
Sajiv Vaid02/08/2015Sajiv Vaid joined Fidelity in 2015 and is co-Manager on the Moneybuilder and Extra Income Funds. After graduation Sajiv joined Gerrard Group (1994-1997) as a trainee bond fund manager, joining Fuji Investments as a fully-fledged bond fund manager in 1997, where he managed global fixed income portfolios. In 2001, he joined Royal London Asset Management where he managed their flagship retail and institutional corporate funds. Sajiv graduated from the University of Hull in 1991 in Economic & Social History and holds an MA in Modern Internatio.al Studies from University of Leeds.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
CM Fidelity MoneyBuilder Income Pension
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price183
Offer price192.6
Mid price-
CurrencyGBX
Price updated17/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeYA61
CM Fidelity MoneyBuilder Income Pension 4
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price172.6
Offer price181.6
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMABA
CM Fidelity MoneyBuilder Income Pension 6
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price187.4
Offer price187.4
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMABB
Data provided by

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