Fact sheet: Fidelity Diversified Markets Pn

Fund information
Fund name
Fidelity Diversified Markets Pn 1
Fund manager company
Fidelity (FIL Life Ins Ltd)
Fund type
Pension Fund
Fund manager
  • Joo Hee Leesince 25/06/2015
No data available.
Fund objective
This life fund invests in an underlying fund managed by Fidelity: The Fund’s investment objective is to achieve long term capital growth by investing in a range of assets giving diversified underlying global exposure to mainly corporate and government bonds, equities and high yield securities in variable proportions to manage volatility and risk. The Fund may invest in securities, collective investment schemes, money market instruments, cash, deposits, derivatives and forward transactions (which can also be used for investment purposes). It is anticipated that investments shall be made in both funds managed by third party fund providers and funds managed by Fidelity and in such proportions as the investment manager may decide in pursuit of the investment strategy.
Benchmark
  • SONIA +3%
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
16.7%
1 Year rank in sector
721/869
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£0m
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.
46
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn37.5%
FL My Ftr Advantage Gth Pn36.1%
ReAssure Combined Managed Pn35.9%
Scot Eq Caerus Pfl DRP 4 Pn35.5%
Scot Eq Ext Bal Coll (ex MLC) Pn35.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Fixed Interest57.8%
    Equities38.1%
    Property2.6%
    Money Market1.5%
  • Global Fixed Interest55.5%
    International Equities7.7%
    North American Equities5.7%
    UK Equities5.6%
    Asia Pacific ex Japan Equities5.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%4%3.5%16.7%--
Sector1.6%5.3%4.7%20.6%25.8%48%
Rank within sector829 / 922772 / 911719 / 910721 / 869--
Quartile4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.3%12.8%---
Sector2.2%14.3%2.2%5.7%13.1%
Rank within sector544 / 911554 / 800---
Quartile3rd3rd
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high223.2
52 week low191.3
Current bid price-
Current offer price-
Current mid price223.4
Region
No data available.
Industry sector
1Fixed Interest57.79%
2Equities38.14%
3Property2.57%
4Money Market1.51%
Asset type
1Global Fixed Interest55.5%
2International Equities7.68%
3North American Equities5.67%
4UK Equities5.61%
5Asia Pacific ex Japan Equities5.39%
6Europe ex UK Equities4.97%
7Japanese Equities4.6%
8Global Emerging Market Equities4.23%
9Property2.57%
Individual holdings
No data available.
Management
Fund manager group
Fidelity
Fund manager company
Fidelity (FIL Life Ins Ltd)
Fund type
Pension Fund
Fund objective
This life fund invests in an underlying fund managed by Fidelity: The Fund’s investment objective is to achieve long term capital growth by investing in a range of assets giving diversified underlying global exposure to mainly corporate and government bonds, equities and high yield securities in variable proportions to manage volatility and risk. The Fund may invest in securities, collective investment schemes, money market instruments, cash, deposits, derivatives and forward transactions (which can also be used for investment purposes). It is anticipated that investments shall be made in both funds managed by third party fund providers and funds managed by Fidelity and in such proportions as the investment manager may decide in pursuit of the investment strategy.
Benchmark
  • SONIA +3%
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Joo Hee Lee25/06/2015Joo Hee is the portfolio manager of a number of Target Funds, denominated in a variety of major currencies. The Target Funds represent $781m of assets under management. She is also the leader of the group's Strategic Asset Allocation Team, responsible for asset class analysis, benchmark design and modelling. Joo Hee joined Fidelity as a Portfolio Manager in 2006. Her prior experience includes the design and co-management of a quantitative fund at Pioneer Investments, and quantitative analysis roles at Russell Investments Group, and Sal. Oppenheim. Joo Hee holds a Ph.D. in Solid State Physics, Cambridge University, and a B.Sc. and M.Sc. in Chemistry. She is CQF qualified and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Fidelity Diversified Markets Pn 1
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price223.4
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF7U
Fidelity Diversified Markets Pn 11
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price226.7
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMGRJ
Fidelity Diversified Markets Pn 5
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price223.2
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF7V
Fidelity Diversified Markets Pn 9
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price223.9
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF7W
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.