Fact sheet: Fidelity Gbl StrtBd

Fund information
Fund name
Fidelity Global Strategic Bond A Acc USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Timothy Fostersince 31/08/2016
  • Claudio Ferraresesince 31/08/2016
Fund objective
The fund aims to achieve long-term growth by investing in a diversified portfolio of investments, mainly through other funds such as collective investment schemes.The fixed interest exposure includes mainly UK corporate and government bonds, also overseas corporate bonds, plus high yield bonds. The equity exposure is mainly to the UK, but also overseas and emerging markets.In addition the fund will also provide some exposure to property (both UK and overseas) and limited exposure to cash, commodities and other asset classes. Exposure to fixed interest securities and equities will include investment in Absolute Return Funds.
Benchmark
  • Bloomberg Barclays Global Aggregate
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
1.3%
1 Year rank in sector
204/301
Sector
FO Fixed Int - Global
Yield
1.4%
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.
1.58%
Fund size
£435m (£534m 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.
67
Top in this sector
Fund name1 Year
LM WAHiYcrEn40%
Capital Group GHIOL34.4%
Dodge & Cox Global Bond25.8%
HSBC GIF Gbl AsBk Bd21.3%
CG Real Return18.4%
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Performance snapshot

Holdings snapshot

  • USA29.7%
    UK22.2%
    International8.5%
    Europe6.2%
    Germany5.5%
  • Government Bills29%
    Banks13.3%
    Communications6.7%
    Government Bonds6.5%
    Utilities6.1%
  • US Fixed Interest29.7%
    UK Fixed Interest22.2%
    Global Fixed Interest10.8%
    European Fixed Interest6.2%
    German Fixed Interest5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%2.7%-3.3%1.3%-6.3%-4.7%
Sector0%1.2%-0.5%3.9%6%11.5%
Rank within sector65 / 32851 / 321263 / 309204 / 301226 / 239157 / 170
Quartile1st1st4th3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.5%2.2%-5.5%-3.9%-3.4%
Sector1.2%4.6%-1.6%3.7%-1.6%
Rank within sector51 / 321194 / 294237 / 267220 / 228140 / 201
Quartile1st3rd4th4th3rd
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.
-5.11
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.
1.44
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
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%.
5.88
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.
4.47
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.
-0.97
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.
0.46
Price movement
52 week high10.32
52 week low9.54
Current bid price-
Current offer price-
Current mid price9.9
Region
1USA29.68%
2UK22.21%
3International8.54%
4Europe6.15%
5Germany5.48%
6Latin America5.26%
7France3.87%
8Australasia3.53%
9Canada3.29%
Industry sector
1Government Bills28.99%
2Banks13.34%
3Communications6.71%
4Government Bonds6.48%
5Utilities6.11%
6Non-Cyclical Consumer Goods5.34%
7Property5.06%
8Basic Industries4.8%
9Insurance3.81%
Asset type
1US Fixed Interest29.68%
2UK Fixed Interest22.21%
3Global Fixed Interest10.82%
4European Fixed Interest6.15%
5German Fixed Interest5.48%
6American Emerging Fixed Interest5.26%
7French Fixed Interest3.87%
8Asia Pacific Fixed Interest3.53%
9Canadian Fixed Interest3.29%
Individual holdings
No data available.
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
The fund aims to achieve long-term growth by investing in a diversified portfolio of investments, mainly through other funds such as collective investment schemes.The fixed interest exposure includes mainly UK corporate and government bonds, also overseas corporate bonds, plus high yield bonds. The equity exposure is mainly to the UK, but also overseas and emerging markets.In addition the fund will also provide some exposure to property (both UK and overseas) and limited exposure to cash, commodities and other asset classes. Exposure to fixed interest securities and equities will include investment in Absolute Return Funds.
Benchmark
  • Bloomberg Barclays Global Aggregate
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Timothy Foster31/08/2016Tim joined Fidelity in 2003 as a Quantitative Analyst and became a Portfolio Manager in 2007. Through this time he has widened his portfolio management responsibility beyond short dated portfolios, including into corporate and inflation linked bonds. Tim has a BA, MSci in Natural Sciences from Cambridge University and is a CFA charter holder. He also has a Certificate in Quantitative Finance
Claudio Ferrarese31/08/2016
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Guernsey, Hong Kong, Hungary, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Poland, Portugal, Qatar, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Fidelity Global Strategic Bond A Acc USD
Initial charge3.5%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price9.899
CurrencyUSD
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN1D6
Fidelity Global Strategic Bond A GMDIST Hedged EUR
Initial charge3.5%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price8.965
CurrencyEUR
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3YZ
Fidelity Global Strategic Bond A Hedged Acc EUR
Initial charge3.5%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price11.2
CurrencyEUR
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN1D7
Fidelity Global Strategic Bond A Hedged Acc PLN
Initial charge3.5%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.62%
Bid price-
Offer price-
Mid price11.55
CurrencyPLN
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGE0N
Fidelity Global Strategic Bond A Hedged Acc SEK
Initial charge3.5%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price120.5
CurrencySEK
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN1D9
Fidelity Global Strategic Bond A Hedged EUR
Initial charge3.5%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price10.42
CurrencyEUR
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN1D8
Fidelity Global Strategic Bond E GMDIST Hedged EUR
Initial charge-
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.18%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price8.757
CurrencyEUR
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3ZA
Fidelity Global Strategic Bond E Hedged Acc EUR
Initial charge-
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.19%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price10.52
CurrencyEUR
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0MYY
Fidelity Global Strategic Bond Rentenanlage Klassik A Hedged EUR
Initial charge3.5%
Annual charge1.15%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.925
CurrencyEUR
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFAMS
Fidelity Global Strategic Bond Y Acc EUR
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.12
CurrencyEUR
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQPR
Fidelity Global Strategic Bond Y Hedged Acc EUR
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price11.59
CurrencyEUR
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN1E1
Fidelity Global Strategic Bond Y Hedged QDis EUR
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price9.773
CurrencyEUR
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF39L
Data provided by

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