Fact sheet: Fidelity GbMlAsTcDf

Fund information
Fund name
Fidelity Global Multi Asset Tactical Defensive A Acc EUR
Fund manager company
Fidelity International (FIL In
Fund type
No data available.
Fund managers
  • Kevin O' Nolansince 31/01/2015
  • Nick Peterssince 31/01/2015
Fund objective
Aims to provide stable long-term growth. Invests in a range of global assets providing exposure to bonds, shares in companies, commodities, properties and cash. At least 65% invested into bonds and cash under normal market conditions. Can invest in bonds issued by governments, companies and other bodies. 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. The fund has discretion in its choices of investments within its objectives and policies. The Reference Currency of the fund is hedged to the Share class principal dealing currency with the objective of minimising variability in Net Asset Value per Share returns arising from exchange rate movements between the two currencies. 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
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
1.3%
1 Year rank in sector
76/84
Sector
FO Mixed Asset - Cautious
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.
1.61%
Fund size
£361m (£366m last year)
Top in this sector
Fund name1 Year
HSBC Pfl World Seltn 125.3%
SEI GblMtiAtInc22.5%
Towry A455016.3%
SEI Core15.2%
CG Capital Value15%
...more in FO Mixed Asset - Cautious

Performance snapshot

Holdings snapshot

  • Not Specified47.2%
    International32.5%
    Money Market10.9%
    North America5.8%
    Europe ex UK2%
  • Hedge42.4%
    Fixed Interest27.2%
    Equities14.7%
    Others10.9%
    Commodity & Energy3.8%
  • Hedge42.4%
    Global Fixed Interest27.2%
    Money Market10.9%
    North American Equities5.8%
    International Equities5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.5%1.6%1.3%12.4%21.4%
Sector0%3%3.7%4.6%9.1%20%
Rank within sector34 / 8882 / 8777 / 8676 / 8424 / 6433 / 56
Quartile2nd4th4th4th2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-2.1%2.8%10.3%3.7%4.1%
Sector3.8%-0.7%4.3%4.2%6.1%
Rank within sector82 / 8612 / 803 / 6635 / 6148 / 56
Quartile4th1st1st3rd4th
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.
1.83
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.
0.8
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.
0.18
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%.
5.65
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.
4.85
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.
0.21
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.
0.27
Price movement
52 week high14.21
52 week low12.77
Current bid price-
Current offer price-
Current mid price13.52
Region
1Not Specified47.2%
2International32.5%
3Money Market10.9%
4North America5.8%
5Europe ex UK2%
6Global Emerging Markets0.8%
7Japan0.6%
8Asia Pacific ex Japan0.2%
Industry sector
1Hedge42.4%
2Fixed Interest27.2%
3Equities14.7%
4Others10.9%
5Commodity & Energy3.8%
6Property1%
Asset type
1Hedge42.4%
2Global Fixed Interest27.2%
3Money Market10.9%
4North American Equities5.8%
5International Equities5.3%
6Commodity & Energy3.8%
7European Equities2%
8Property1%
9Global Emerging Market Equities0.8%
Individual holdings
1ITALY(REPUBLIC OF) 0.45% BDS 01/06/21 EUR10001.52%
2SPAIN(KINGDOM OF) 0.75% BDS 30/07/21 EUR10001.01%
3IRELAND(REPUBLIC OF) 5% TB 18/10/20 EUR0.010.9%
4SSGA SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF USD0.9%
5SSGA SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF USD0.9%
6FIDELITY INSTITUTIONAL LIQUIDITY EUR A ACC0.84%
73I INFRASTRUCTURE0.79%
8CVC CREDIT PARTNERS EUROPEAN OPPORTUNITIES LIMITED ORD GBP0.75%
9HICL INFRASTRUCTURE0.74%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
No data available.
Fund objective
Aims to provide stable long-term growth. Invests in a range of global assets providing exposure to bonds, shares in companies, commodities, properties and cash. At least 65% invested into bonds and cash under normal market conditions. Can invest in bonds issued by governments, companies and other bodies. 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. The fund has discretion in its choices of investments within its objectives and policies. The Reference Currency of the fund is hedged to the Share class principal dealing currency with the objective of minimising variability in Net Asset Value per Share returns arising from exchange rate movements between the two currencies. 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
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Kevin O' Nolan31/01/2015Kevin O’Nolan is a Portfolio Manager in Fidelity Solutions. He joined Fidelity in 2008 as an Asset Allocation Analyst. During his time at Fidelity he has worked as a key member of Fidelity Solutions’ Tactical Asset Allocation team. In January 2015, Kevin O’Nolan became the lead portfolio manager on all five of our risk profiled Multi Asset Allocator funds. He was also appointed co-portfolio manager to 4 of our risk profiled Multi Asset growth range of funds and our two Global Multi Asset Tactical funds. Kevin’s deep understanding of the full range of market dynamics makes a significant contribution to our TAA process and views. Kevin holds a BA (Hons) in Management Science and Information Systems Studies from Trinity College, Dublin and an MSc in Investment Management from Cass Business School, London. He is also a CFA Charterholder.
Nick Peters31/01/2015Nick Peters is Portfolio Manager in the Investment Solutions Group. Nick has 20 years of industry experience and joined Fidelity in 2012. Prior to joining Fidelity, Nick was a member of the multi-manager team at Barclays Wealth, responsible for UK and European Equities. He joined Barclays in 2010 from BAE Systems Pension Fund where he was responsible for the fund's external managers across asset classes. Prior to joining BAE Systems in 2009, Nick was an Equity Portfolio Manager at Henderson Global Investors. He was a Director within the Multi Strategy Equity team. He joined AMP Asset Management (which later merged with Henderson) in 1993. Nick holds a BA (Hons) in Economics and Statistics from Exeter University and is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Ireland, Iceland, Italy, Jersey, Luxembourg, Malta, Netherlands, Norway, Offshore, Oman, Poland, Portugal, Qatar, Singapore, Sweden
Fidelity Global Multi Asset Tactical Defensive A (EUR/USD hedged) Acc EUR
Initial charge5.25%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.64%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price12.9
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2R5
Fidelity Global Multi Asset Tactical Defensive A (EUR/USD hedged) Inc EUR
Initial charge5.25%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.26
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE63D
Fidelity Global Multi Asset Tactical Defensive A Acc EUR
Initial charge5.25%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price13.52
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2R4
Fidelity Global Multi Asset Tactical Defensive A Acc SGD
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.98
CurrencySGD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUKA
Fidelity Global Multi Asset Tactical Defensive A Acc USD
Initial charge3.5%
Annual charge1.15%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE05G
Fidelity Global Multi Asset Tactical Defensive A Inc EUR
Initial charge5.25%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price12.25
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGNH8
Fidelity Global Multi Asset Tactical Defensive AEON E (GBP/USD hedged) Acc GBP
Initial charge-
Annual charge1.15%
Min single investment£1,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.002
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8SE
Fidelity Global Multi Asset Tactical Defensive AEON E Acc USD
Initial charge-
Annual charge1.15%
Min single investment£1,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.07
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8SF
Fidelity Global Multi Asset Tactical Defensive D (Euro/USD hedged) Acc EUR
Initial charge4%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.05
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE84S
Fidelity Global Multi Asset Tactical Defensive D Acc EUR
Initial charge4%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.36
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8JC
Fidelity Global Multi Asset Tactical Defensive E (EUR/USD hedged) Acc EUR
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.21%
Bid price-
Offer price-
Mid price12.33
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2R7
Fidelity Global Multi Asset Tactical Defensive E Acc EUR
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)2.19%
Bid price-
Offer price-
Mid price12.91
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2R6
Fidelity Global Multi Asset Tactical Defensive Y (Euro/USD hedged) Acc EUR
Initial charge-
Annual charge0.58%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.872
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVZU
Fidelity Global Multi Asset Tactical Defensive Y (GBP/USD Hedged) Acc GBP
Initial charge-
Annual charge0.58%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.991
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVZV
Fidelity Global Multi Asset Tactical Defensive Y Acc EUR
Initial charge-
Annual charge0.58%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.765
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVZT
Data provided by

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