Fact sheet: FF Sterling Cash

Fund information
Fund name
FF Sterling Cash A Acc GBP
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund manager
  • Timothy Fostersince 31/08/2007
Fund objective
Aims to provide a return in line with money market rates, with capital security and liquidity being the primary considerations. At least 70% invested in UK Pounds Sterling denominated interest bearing debtwith less than 12 months to maturity. The types of debt securities may include instruments of US and other banks, commercial papers, obligations issued or guaranteed by governments, governmental agencies, or instrumentalities, variable rate notes, variable rate certificates of deposit, certain investment grade collateralised mortgage obligations and other asset-backed securities, and issues of governments and supranational agencies, such as Treasury Bills, notes and bonds. Has the freedom to invest in other permitted assets such as money market instruments and cash provided the average residual maturity of the portfolio is not more than 12 months. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund.
Benchmark
  • GBP 1 month LIBID
Investment style
Liquidity
Investment method
Short Dated Bonds
Quick stats
1 Year return
0.1%
1 Year rank in sector
29/42
Sector
FO Currency - Sterling
Yield
0.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.46%
Fund size
£63m (£63m last year)
Top in this sector
Fund name1 Year
Hume Caut MA Stg1.9%
Payden & Rygel Sterling Rsrv1.3%
Aberdeen Liq(L)USDurStg0.9%
Insight ILF GBP Liquidity Plus0.8%
BlackRock ICS InstStgUl SBd0.6%
...more in FO Currency - Sterling

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0%0.1%0.2%0.3%
Sector0%0%0.1%0.4%1.2%2.1%
Rank within sector31 / 4625 / 4632 / 4529 / 4229 / 3824 / 31
Quartile3rd3rd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.1%0%0.1%0.1%0.1%
Sector0.3%0.6%0.3%0.3%0.6%
Rank within sector28 / 4231 / 3929 / 3728 / 3722 / 30
Quartile3rd4th4th4th3rd
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.
0.06
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.
-0.02
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.
-
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%.
0.02
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.
0.18
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.
-1.88
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.
0.04
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1LLOYDS BANK PLC FLTG RT COV BDS 14/01/17 GBP1000004.44%
2TREASURY 0% TSY BILL 21/11/16 GBP12.22%
3TREASURY 0% TSY BILL 27/03/17 GBP12.22%
4FINLAND(REPUBLIC OF) FRN 23/02/17 GBP500000.89%
5BANK NEDERLANDSE GEMEENTEN 0.875% NTS 12/12/16 GBP10000.48%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide a return in line with money market rates, with capital security and liquidity being the primary considerations. At least 70% invested in UK Pounds Sterling denominated interest bearing debtwith less than 12 months to maturity. The types of debt securities may include instruments of US and other banks, commercial papers, obligations issued or guaranteed by governments, governmental agencies, or instrumentalities, variable rate notes, variable rate certificates of deposit, certain investment grade collateralised mortgage obligations and other asset-backed securities, and issues of governments and supranational agencies, such as Treasury Bills, notes and bonds. Has the freedom to invest in other permitted assets such as money market instruments and cash provided the average residual maturity of the portfolio is not more than 12 months. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund.
Benchmark
  • GBP 1 month LIBID
Investment style
Liquidity
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
Timothy Foster31/08/2007Tim Foster is a Portfolio Manager within Fidelity International’s London-based fixed income team managing various money market and short-term bond funds. Tim joined Fidelity in 2003 as a Quantitative Analyst and progressed to become a Portfolio Manager in 2007. He has a BA MSc in Natural Sciences from Cambridge University and is a CFA Charterholder. He also has a Certificate in Quantitative Finance.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Guernsey, Hong Kong, Ireland, Iceland, Italy, Jersey, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Poland, Portugal, Sweden, Taiwan - Province Of China
FF Sterling Cash A Acc GBP
Initial charge5.25%
Annual charge0.4%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)0.51%
Bid price-
Offer price-
Mid price1.0004
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJ33
FF Sterling Cash W Acc GBP
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0004
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE19O
Data provided by

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