Fact sheet: Fidelity Gbl Ml Ass Cr

Fund information
Fund name
Fidelity Global Multi Asset Credit Hedged GBP
Fund manager company
Fidelity (FIL Inv Mgt IRL Ltd)
Fund type
No data available.
Fund managers
  • Kris Atkinsonsince 14/09/2014
  • Peter Khansince 14/09/2014
  • Ian Fishwicksince 14/09/2014
Fund objective
The investment objective of the Fund is to achieve an attractive risk-adjusted return.The Fund will invest in regulated collective investment schemes in order to obtain exposure to a wide range of listed and unlisted fixed income instruments globally, including (but not limited to) high yield bonds, emerging market corporate and sovereign debt, leveraged loans, investment grade credit and developed market sovereign debt in pursuit of the risk adjusted strategy as appropriate under prevailing economic and market conditions. The Fund may also invest globally in listed and unlisted fixed income and equity instruments, floating rate securities, money market instruments, cash, deposits and derivatives
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.2%
1 Year rank in sector
43/295
Sector
FO Fixed Int - Global
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.
16
Top in this sector
Fund name1 Year
Capital Group GHIOL32.9%
Dodge & Cox Global Bond25.7%
HSBC GIF Gbl AsBk Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
Russell Gbl Bd23.1%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-1.2%2%6.2%--
Sector-1.9%-2.2%0.7%3.2%5.9%13.5%
Rank within sector113 / 315110 / 31285 / 30743 / 295--
Quartile2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund7.3%-0.6%---
Sector3.8%-1.6%3.7%-1.6%8.2%
Rank within sector45 / 299121 / 275---
Quartile1st2nd
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 high107.75
52 week low97.88
Current bid price-
Current offer price-
Current mid price106.2
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Fidelity
Fund manager company
Fidelity (FIL Inv Mgt IRL Ltd)
Fund type
No data available.
Fund objective
The investment objective of the Fund is to achieve an attractive risk-adjusted return.The Fund will invest in regulated collective investment schemes in order to obtain exposure to a wide range of listed and unlisted fixed income instruments globally, including (but not limited to) high yield bonds, emerging market corporate and sovereign debt, leveraged loans, investment grade credit and developed market sovereign debt in pursuit of the risk adjusted strategy as appropriate under prevailing economic and market conditions. The Fund may also invest globally in listed and unlisted fixed income and equity instruments, floating rate securities, money market instruments, cash, deposits and derivatives
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Kris Atkinson14/09/2014KRIS ATKINSON is the Fund manager of the Fidelity Funds Runtime 2018th. He looks back on 14 years of investment experience back, which he at since joining Fidelity in 2000 as a credit analyst has acquired. He is a CFA Accredited and has charter holder an MA from the University of Cambridge.
Peter Khan14/09/2014Peter Khan is portfolio manager of Fidelity Euro Short-Term Bond Fund. Peter joined Fidelity in 2000 as a trader and progressed to become the Head of Trading. He became a portfolio manager in 2009. Prior to Fidelity, he was with Bayerische Hypo-und- Vereinsbank as the head of trading and with Smith Barney Shearson as a Financial Consultant.Peter has been responsible for euro fixed ncome portfolios since 2009. He also co-leads the weekly Euro Bond strategy meeting. Peter is currently responsible for in excess of $US 632 million of fixed income assets under management.
Ian Fishwick14/09/2014Ian Fishwick is responsible for managing Fidelity’s sterling bond strategies including separate accounts for institutional investors. Ian has 29 years of investment experience and has worked for Fidelity for the past 9 years. He has been a portfolio manager for over 25 years. Ian has held a range of senior positions within the asset management industry including: Head of UK Fixed Income at Credit Suisse Asset Management, Chief Investment Officer for Sun Life of Canada’s UK asset management business, Head of Fixed Income for Sun Life of Canada, and Portfolio Manager for Confederation Life. He has a Masters Degree in Natural Sciences from Cambridge University and is a Fellow of the Institute of Actuaries.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
Czech Republic, Denmark, Finland, United Kingdom, Ireland, Italy, Norway, Offshore, Sweden
Fidelity Global Multi Asset Credit Hedged EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.26
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRIK
Fidelity Global Multi Asset Credit Hedged GBP
Initial charge-
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.2
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRIL
Fidelity Global Multi Asset Credit Hedged JPY
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10420
CurrencyJPY
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRIJ
Fidelity Global Multi Asset Credit USD
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.71
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRIM
Data provided by

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