Fact sheet: Fidelity Growth & Inc

Fund information
Fund name
Fidelity Growth & Income A USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Eugene Philalithissince 31/01/2015
  • George Efstathopoulossince 31/01/2015
Fund objective
A conservative approach aiming for current income and capital growth. At least 70% invested in a combination of company shares and bonds worldwide. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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. 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 data available.
Investment style
Balanced
Investment method
Mixed
Quick stats
1 Year return
2.9%
1 Year rank in sector
45/134
Sector
FO Mixed Asset - Balanced
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.
1.71%
Fund size
£114m (£123m 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.
81
Top in this sector
Fund name1 Year
Templeton Emg Mkts Bal31%
Capital Group EMTOpL24.7%
HSBC Pfl World Seltn 322.8%
Oasis Crs Gbl Low EqBal19%
Morg Stnly Gbl Bal Inc18.1%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • International67.4%
    Europe ex UK12%
    Pacific ex-Japan6.2%
    North America5.3%
    Money Market4.8%
  • Fixed Interest59.6%
    Equities35.4%
    Others3.7%
    Money Market1.1%
    Commodity & Energy0.2%
  • Global Fixed Interest59.6%
    Europe ex UK Equities12%
    International Equities7.8%
    Asia Pacific ex Japan Equities6.2%
    North American Equities5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%-1.5%1.9%2.9%4.7%22.1%
Sector0.2%-1.2%2.6%2.5%9%24.3%
Rank within sector53 / 14371 / 14367 / 13645 / 13487 / 11464 / 89
Quartile2nd2nd2nd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund4.2%-2.9%1.7%11.9%6.1%
Sector3.3%-0.3%4.7%7.5%7.6%
Rank within sector40 / 13398 / 12497 / 11321 / 10280 / 88
Quartile2nd4th4th1st4th
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.
-1.51
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.
1.04
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%.
6.57
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.
3.2
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.
-0.46
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.
0.76
Price movement
52 week high17.91
52 week low16.04
Current bid price-
Current offer price-
Current mid price17.63
Region
1International67.4%
2Europe ex UK12%
3Pacific ex-Japan6.2%
4North America5.3%
5Money Market4.8%
6Not Specified3.2%
7Japan1.1%
Industry sector
1Fixed Interest59.6%
2Equities35.4%
3Others3.7%
4Money Market1.1%
5Commodity & Energy0.2%
Asset type
1Global Fixed Interest59.6%
2Europe ex UK Equities12%
3International Equities7.8%
4Asia Pacific ex Japan Equities6.2%
5North American Equities5.3%
6Money Market4.8%
7Others3%
8Japanese Equities1.1%
9Commodity & Energy0.2%
Individual holdings
1FIDELITY INSTITUTIONAL LIQUIDITY USD A ACC2.03%
2FIDELITY INSTITUTIONAL LIQUIDITY EUR A ACC1%
3BRITISH AMERICAN TOBACCO0.91%
4RELX NV0.78%
5GENERAL ELECTRIC CO.0.58%
6TAIWAN SEMICONDUCTOR MANUFACTURING0.57%
7ISHARES PLC ISHARES $ CORP BOND UCITS ETF USD DIST0.49%
8ISHARES PLC ISHARES $ CORP BOND UCITS ETF USD DIST0.49%
9NB GLOBAL FLOATING RATE INCOME RED ORD GBP0.49%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
A conservative approach aiming for current income and capital growth. At least 70% invested in a combination of company shares and bonds worldwide. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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. 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 data available.
Investment style
Balanced
Investment method
Mixed
Fund managers
NameSinceBiography
Eugene Philalithis31/01/2015Eugene Philalithis joined Fidelity in 2007 as a Portfolio Manager, with a focus on fixed income and alternatives. Eugene manages a number of multi asset funds with internal and open architecture for both retail and institutional clients. He has currently 17 years of investment experience which includes Russell Investment in London and Canadian Imperial Bank of Commerce in Singapore. Eugene has a Bachelor or Engineering and an MBA, both from Imperial College, London.
George Efstathopoulos31/01/2015George joined Fidelity Multi Asset in September 2011 as a Fixed Income Research Analyst, and was promoted to Co-Portfolio Manager in January 2015. Prior to joining Fidelity, George was responsible for Fixed Income manager research and portfolio management at Stamford Associates. George began his career with Russell Investments where he joined as a capital markets intern before participating in the graduate scheme at Russell’s headquarters in Seattle, US. He then returned to London in the capacity of portfolio analyst and subsequently research analyst in the Fixed Income team. He received an MSc in Management Science and Operational Research from Warwick Business School in 2004 and a BSc in Management from the University of Southampton in 2003.
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, Bahrain, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Portugal, Qatar, Singapore, Sweden, Taiwan - Province Of China
Fidelity Growth & Income A USD
Initial charge5.25%
Annual charge1.25%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.69%
Bid price-
Offer price-
Mid price17.63
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE40
Fidelity Growth & Income Y Acc USD
Initial charge-
Annual charge0.63%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price12.83
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFM5
Data provided by

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