Fact sheet: Fidelity Grs Accumulating Csh

Fund information
Fund name
Fidelity Gross Accumulating Cash A GBP
Fund manager company
Fidelity International (FIL In
Fund type
Unit Trust
Fund manager
  • Timothy Fostersince 31/08/2007
Fund objective
Aims to maintain capital value while producing income. Invests in a diversified range of money market instruments, other short term investments and transferable securities. Instruments will normally be rated A2 long term or P1 short-term by the credit agency Moody's although an equivalent rating by Standard and Poors or Fitch may be considered. Has the freedom to invest in other short-term instruments of appropriate credit quality. The weighted average maturity of the Fund will generally be under 60 days. Can invest in instruments issued by governments, companies and other bodies. Income is accumulated in the unit price.Units can usually be bought and sold each business day of the Fund
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
0.2%
1 Year rank in sector
4/8
Sector
UT Short Term Money Market
Yield
0.3%
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.
0.4%
Fund size
£435m (£349m last year)
Bid price
128.17
Offer price
128.17
Top in this sector
Fund name1 Year
Royal London Short Tm Mny Mkt0.3%
Architas Liquidity0.3%
BlackRock Cash0.3%
Fidelity Grs Accumulating Csh0.2%
Fidelity Cash0.1%
...more in UT Short Term Money Market

Performance snapshot

Holdings snapshot

  • Japan26.4%
    France23.4%
    Sweden7.8%
    UK7.7%
    Australia7.1%
  • Cash - 0 to 90 Days46.9%
    Cash - 0 to 30 Days21.6%
    Others21.4%
    Cash - 90 to 180 Days10.1%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.1%0.2%0.5%0.8%
Sector0%0%0.1%0.1%0.3%0.5%
Rank within sector2 / 91 / 93 / 84 / 83 / 84 / 8
Quartile1st1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.2%0.2%0.1%0.1%0.2%
Sector0.1%0.1%0%0%0.2%
Rank within sector4 / 83 / 84 / 83 / 84 / 8
Quartile2nd2nd2nd2nd2nd
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.
0.15
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
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%.
0.02
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.
5.7
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.
-0.98
Price movement
52 week high128.17
52 week low127.91
Current bid price128.17
Current offer price128.17
Current mid price-
Region
1Japan26.43%
2France23.42%
3Sweden7.81%
4UK7.69%
5Australia7.11%
6Netherlands6.19%
7Belgium5.74%
8Germany5.51%
9Not Specified4.82%
Industry sector
1Cash - 0 to 90 Days46.94%
2Cash - 0 to 30 Days21.58%
3Others21.39%
4Cash - 90 to 180 Days10.09%
Asset type
1Money Market100%
Individual holdings
1LLOYDS BANK PLC FLTG RT COV BDS 14/01/17 GBP1000004.48%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
Unit Trust
Fund objective
Aims to maintain capital value while producing income. Invests in a diversified range of money market instruments, other short term investments and transferable securities. Instruments will normally be rated A2 long term or P1 short-term by the credit agency Moody's although an equivalent rating by Standard and Poors or Fitch may be considered. Has the freedom to invest in other short-term instruments of appropriate credit quality. The weighted average maturity of the Fund will generally be under 60 days. Can invest in instruments issued by governments, companies and other bodies. Income is accumulated in the unit price.Units can usually be bought and sold each business day of the Fund
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
None
Fund manager
NameSinceBiography
Timothy Foster31/08/2007Tim 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
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Fidelity Gross Accumulating Cash A GBP
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)-
Bid price128.17
Offer price128.17
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFV15
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.