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
  • Claudio Ferraresesince 30/08/2016
  • Timothy Fostersince 30/08/2016
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
2.6%
1 Year rank in sector
155/294
Sector
FO Fixed Int - Global
Yield
1.2%
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
£497m (£630m 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
Capital Group GHIOL35.6%
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SKAGEN Tellus24.9%
Morg Stnly Gbl Mrtg Securts24.4%
HSBC GIF Gbl AsBk Bd24.3%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA43.2%
    UK17.7%
    International7.1%
    Germany4.4%
    France4.3%
  • Government Bills23.4%
    Money Market12.5%
    Banks12.1%
    Non-Cyclical Consumer Goods7.3%
    Utilities5.7%
  • US Fixed Interest43.2%
    UK Fixed Interest17.7%
    Global Fixed Interest8.1%
    German Fixed Interest4.4%
    French Fixed Interest4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.2%-5.5%-3.7%2.6%-6.6%-4.5%
Sector-1.7%-2.3%0.6%3.4%6%13.5%
Rank within sector261 / 314267 / 311270 / 306155 / 294221 / 235149 / 169
Quartile4th4th4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund3%-5.5%-3.9%-3.4%5.5%
Sector4%-1.6%3.7%-1.6%8.2%
Rank within sector157 / 298245 / 274226 / 235145 / 206109 / 171
Quartile3rd4th4th3rd3rd
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.
-5.1
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.
1.45
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%.
5.86
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.
4.4
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.
-1
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.
0.48
Price movement
52 week high10.32
52 week low9.28
Current bid price-
Current offer price-
Current mid price9.73
Region
1USA43.21%
2UK17.72%
3International7.12%
4Germany4.43%
5France4.27%
6Europe4.21%
7Latin America3.92%
8Australasia3.32%
9Canada3.13%
Industry sector
1Government Bills23.44%
2Money Market12.53%
3Banks12.06%
4Non-Cyclical Consumer Goods7.26%
5Utilities5.66%
6Communications5.54%
7Basic Industries5.44%
8Government Bonds5.17%
9Property4.08%
Asset type
1US Fixed Interest43.21%
2UK Fixed Interest17.72%
3Global Fixed Interest8.13%
4German Fixed Interest4.43%
5French Fixed Interest4.27%
6European Fixed Interest4.21%
7American Emerging Fixed Interest3.92%
8Asia Pacific Fixed Interest3.32%
9Canadian Fixed Interest3.13%
Individual holdings
1FIDELITY INSTITUTIONAL LIQUIDITY USD A ACC9.06%
2UNITED STATES OF AMER TREAS BONDS 1.5% BDS 15/08/26 USD10006.85%
3UNITED STATES OF AMER TREAS NOTES 0.125% NTS 15/04/19 USD10003.51%
4ONTARIO(PROVINCE OF) 0.024% BDS 02/06/26 CAD12.65%
5NATIONAL GRID GAS FINANCE PLC 1.125% INST 22/09/21 GBP1000001.69%
6ITALY(REPUBLIC OF) 2.35% BDS 15/09/24 EUR10001.52%
7NEW ZEALAND 2% ILN 20/09/25 NZD10001.32%
8UNITED STATES OF AMER TREAS NOTES 0% NTS 15/01/20 USD10001.15%
9SMFG PREFERRED CAPITAL LTD 10.231% NTS PERP GBP1000 `REGS`1.14%
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
Claudio Ferrarese30/08/2016
Timothy Foster30/08/2016Tim Foster is a Portfolio Manager within Fidelity International’s London-based fixed income team managing various money market and short-term bond funds. Tim joined Fidelity in 2003 as a Quantitative Analyst and progressed to become a Portfolio Manager in 2007. He has a BA MSc in Natural Sciences from Cambridge University and is a CFA Charterholder. He also has a Certificate in Quantitative Finance.
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 charge5.25%
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 price9.727
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN1D6
Fidelity Global Strategic Bond A GMDIST Hedged EUR
Initial charge5.25%
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 price8.95
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3YZ
Fidelity Global Strategic Bond A 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)1.58%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price11.09
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN1D7
Fidelity Global Strategic Bond A Hedged Acc PLN
Initial charge5.25%
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 price11.36
CurrencyPLN
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGE0N
Fidelity Global Strategic Bond A Hedged Acc SEK
Initial charge5.25%
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 price119.4
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN1D9
Fidelity Global Strategic Bond A Hedged EUR
Initial charge5.25%
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 price10.32
CurrencyEUR
Price updated07/12/2016
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 price8.754
CurrencyEUR
Price updated07/12/2016
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 price10.43
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0MYY
Fidelity Global Strategic Bond Rentenanlage Klassik A Hedged EUR
Initial charge5.25%
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 price9.83
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFAMS
Fidelity Global Strategic Bond Y Acc EUR
Initial charge-
Annual charge0.58%
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 price10.9
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQPR
Fidelity Global Strategic Bond Y Hedged Acc EUR
Initial charge-
Annual charge0.58%
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 price11.46
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN1E1
Fidelity Global Strategic Bond Y Hedged QDis EUR
Initial charge-
Annual charge0.58%
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 price9.71
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF39L
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