Fact sheet: Fidelity FAST UK

Fund information
Fund name
Fidelity FAST UK Y GBP
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund manager
  • Aruna Karunathilakesince 14/03/2011
Fund objective
Aims to provide long-term capital growth. At least 70% invested in shares and related instruments that provide exposure to companies that have their head office in, are listed in, or have a main part of their activity in the UK. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
6.9%
1 Year rank in sector
-
Sector
FO Equity - UK
Yield
-
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.
1.79%
Fund size
£71m (£94m 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.
83
Top in this sector
Fund name1 Year
Boost FTSE 100 3x LD ETP40.5%
Boost FTSE 100 2x LD ETP28.8%
Majedie UK Equity22.4%
Old Mutual UK SmCos Fcus20.6%
BlackRock UK Index17%
...more in FO Equity - UK

Performance snapshot

Holdings snapshot

  • UK84.7%
    Money Market8.2%
    USA4.7%
    France4.1%
    Denmark0.5%
  • Industrials24.7%
    Consumer Services18.3%
    Consumer Goods17.3%
    Financials10.8%
    Oil & Gas8.3%
  • UK Equities84.7%
    Money Market8.2%
    US Equities4.7%
    French Equities4.1%
    Danish Equities0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%-2.3%5.8%6.9%29.1%73.6%
Sector1.7%-0.5%6.1%7.1%15.8%56.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund5.9%9.5%8.1%23.1%10.9%
Sector5.9%4.9%1%23.7%12.3%
Rank within sector-----
Quartile
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.
3.98
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.
0.99
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.
0.47
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%.
9.88
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.
4.65
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.
0.82
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.
0.78
Price movement
52 week high180.58
52 week low141.54
Current bid price-
Current offer price-
Current mid price169.96
Region
1UK84.7%
2Money Market8.2%
3USA4.7%
4France4.1%
5Denmark0.5%
6Sweden-0.5%
7Germany-1.7%
Industry sector
1Industrials24.7%
2Consumer Services18.3%
3Consumer Goods17.3%
4Financials10.8%
5Oil & Gas8.3%
6Money Market8.2%
7Technology6.8%
8Utilities4.2%
9Health Care2.8%
Asset type
1UK Equities84.7%
2Money Market8.2%
3US Equities4.7%
4French Equities4.1%
5Danish Equities0.5%
6Swedish Equities-0.5%
7German Equities-1.7%
Individual holdings
1UNILEVER6.5%
2DIAGEO6.3%
3COMPASS GROUP5.4%
4WOLSELEY PLC5.4%
5RELX NV4.9%
6BUNZL4.7%
7MICRO FOCUS INTERNATIONAL4.6%
8SHIRE PLC4.5%
9JUST EAT PLC4.4%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide long-term capital growth. At least 70% invested in shares and related instruments that provide exposure to companies that have their head office in, are listed in, or have a main part of their activity in the UK. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Aruna Karunathilake14/03/2011Aruna Karunathilake is a Portfolio manager at Fidelity Worldwide Investment (FIL). From FIL's London headquarters Mr Karunathilake manages the Fidelity UK Aggressive Fund. He has run this fund since December 2007. Mr Karunathilake has also been managing the Fidelity UK Multi Manager Institutional portfolios since December 2006. Prior to becoming a portfolio manager, Mr Karunathilake spent 6 years as a research analyst with Fidelity Worldwide Investment. He also worked as an Analyst at Dresdner Kleinwor between 1998 and 2000. Born in Kandy, Sri Lanka in 1976, Mr Karunathilake received a MChem Chemistry from Pembroke College, Oxford University in 1998.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Iceland, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Sweden
Fidelity FAST UK A GBP
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price165.05
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN5C6
Fidelity FAST UK Y GBP
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.79%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price169.96
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5C8
Data provided by

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