Fact sheet: Fidelity FAST US

Fund information
Fund name
Fidelity FAST US I USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Aditya Khowalasince 01/06/2014
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 US. 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
  • S&P 500
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
14.4%
1 Year rank in sector
141/204
Sector
FO Equity - USA
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.
0.94%
Fund size
£276m (£277m 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.
101
Top in this sector
Fund name1 Year
Boost NASDAQ 100 3x LD ETP110.6%
Boost S&P500 3x LD ETP52.9%
LM Opportunity47.9%
Dodge & Cox US Stk42.7%
T. Rowe Price USLgCpGthEq40.7%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA86.2%
    Money Market5.8%
    Canada2.5%
    Belgium2.3%
    Israel1.5%
  • Information Technology29.3%
    Industrials16%
    Consumer Staples11.2%
    Materials9.9%
    Energy8.3%
  • US Equities86.2%
    Money Market5.8%
    Canadian Equities2.5%
    Belgian Equities2.3%
    Israeli Equities1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%0.3%9.2%14.4%32.5%-
Sector0.8%-0.1%7.1%16.4%23.9%76%
Rank within sector70 / 217100 / 21749 / 213141 / 20444 / 174-
Quartile2nd2nd1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund7.5%8.4%3.2%15.3%-
Sector4.9%8.9%-1.6%10.7%31.8%
Rank within sector54 / 216116 / 20256 / 18632 / 168-
Quartile1st3rd2nd1st
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.
2.72
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.
0.87
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.
0.62
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%.
10.27
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.
4.28
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.
0.4
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.
0.85
Price movement
52 week high165.12
52 week low142.55
Current bid price-
Current offer price-
Current mid price164.18
Region
1USA86.2%
2Money Market5.8%
3Canada2.5%
4Belgium2.3%
5Israel1.5%
6France1.2%
7Sweden0.5%
Industry sector
1Information Technology29.3%
2Industrials16%
3Consumer Staples11.2%
4Materials9.9%
5Energy8.3%
6Consumer Discretionary6.7%
7Health Care5.8%
8Money Market5.8%
9Real Estate5.6%
Asset type
1US Equities86.2%
2Money Market5.8%
3Canadian Equities2.5%
4Belgian Equities2.3%
5Israeli Equities1.5%
6French Equities1.2%
7Swedish Equities0.5%
Individual holdings
1ALPHABET INC4%
2COMCAST CORP(NEW)3.1%
3CROWN CASTLE INTERNATIONAL CORP2.8%
4SBA COMMUNICATIONS2.8%
5MASTERCARD INC2.7%
6MOLSON COORS BREWING CO2.7%
7UNION PACIFIC CORP2.7%
8DELL TECHNOLOGIES INC2.6%
9PHILIP MORRIS INTERNATIONAL INC2.6%
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 US. 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
  • S&P 500
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Aditya Khowala01/06/2014Aditya Khowala is the Portfolio Manager for the US equity funds. Aditya Khowala joined Fidelity in January 2006 as a research analyst, covering the banking and energy sectors. He managed the UK Research Portfolio for 3.5 years prior to joining the US Equtiy team in early 2012. Prior to Fidelity, Aditya worked at i2 Technologies in Australia, Korea and Hong Kong, having started his career in venture capitalism in 2000 at Chryscapital, India. Aditya has a post-graduate degree in Management from IIM, Ahmedabad, India. Aditya also holds an MBA with Hons from IMD, Lausanne.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Iceland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Sweden
Fidelity FAST US A EUR
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 price184.31
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8VD
Fidelity FAST US A Hedged EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price154.74
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8VI
Fidelity FAST US A USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price158.88
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8VE
Fidelity FAST US E EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.67%
Total expense ratio (TER)2.68%
Bid price-
Offer price-
Mid price179.81
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8VJ
Fidelity FAST US I USD
Initial charge-
Annual charge0.8%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price164.18
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8VF
Fidelity FAST US Y GBP
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price190.97
CurrencyGBP
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8VH
Fidelity FAST US Y USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price162.86
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8VG
Data provided by

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