Fact sheet: Fidelity Index Linked Bd Pn

Fund information
Fund name
Fidelity Index Linked Bond Pn Cl4
Fund manager company
Fidelity (FIL Life Ins Ltd)
Fund type
Pension Fund
Fund manager
  • Andy Weirsince 14/07/2003
Underlying fund
Fidelity Inst UK Idx Lkd Bd
Fund objective
Aims to provide income and capital growth. Obtains exposure primarily to UK and overseas government index-linked bonds as well as other index-linked bonds. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in relation to bonds issued in currencies other than the fund’s denominated currency. Exposure to currencies may be hedged, for example with currency forward contracts. Can invest in relation to bonds issued by governments, companies and other bodies. The fund may make use of derivatives which are consistent with achieving the fund’s objective. This may result in “leverage” by which we mean a level of exposure which could expose the fund to the potential of greater gains or losses than would otherwise be the case. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. 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
  • FTSE Actuaries UK Index-Linked Over 5 Years
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
16.8%
1 Year rank in sector
72/146
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£1m
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.
92
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn27.4%
SSgA UK Idx Lkd Gilt Nov2055 Pn21.9%
SSgA UK Idx Lkd Glt Mar 2050 Pn20.8%
L&G Ovr 15Yr IdxLkd GltsIdx Pn20.3%
SSgA MPF Ovr 15Y IL Gilt Pn20.3%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

  • UK89.3%
    Money Market4.3%
    Continental Europe2.2%
    USA1.8%
    Australasia1.5%
  • Index Linked92.8%
    Money Market4.3%
    Investment Grade Bonds2.3%
    Government Bonds1.1%
    Asset/Mortgage-Backed Securities0.1%
  • UK Fixed Interest95.2%
    Money Market4.3%
    UK Gilts1.1%
    Alternative Investment Strategies-0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7.2%-8.8%14%16.8%40.7%49%
Sector-5.1%-6.5%14.1%16.3%37.8%44.4%
Rank within sector146 / 151144 / 15084 / 15072 / 14659 / 13638 / 119
Quartile4th4th3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund20%-1.3%20.7%0.5%0.2%
Sector20%-1.5%18.7%0.1%-0.1%
Rank within sector95 / 14753 / 14035 / 13638 / 12836 / 119
Quartile3rd2nd2nd2nd2nd
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.
0.27
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.
1.13
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.
0.85
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%.
12.68
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.
2.05
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.
0.8
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.
0.98
Price movement
52 week high303.3
52 week low223.5
Current bid price-
Current offer price-
Current mid price269.1
Region
1UK89.29%
2Money Market4.27%
3Continental Europe2.18%
4USA1.82%
5Australasia1.51%
6France0.98%
7Europe0.46%
8Germany0.02%
9Others0.01%
Industry sector
1Index Linked92.82%
2Money Market4.27%
3Investment Grade Bonds2.29%
4Government Bonds1.12%
5Asset/Mortgage-Backed Securities0.07%
6Foreign Exchange-0.56%
Asset type
1UK Fixed Interest95.18%
2Money Market4.27%
3UK Gilts1.12%
4Alternative Investment Strategies-0.56%
Individual holdings
1TREASURY 0.125% GILT 22/03/44 GBP0.0113.9%
2TREASURY 0.625% IDX-LKD GILT 22/11/42 GBP8.56%
3TREASURY 0.75% IDX-LKD GILT 22/03/34 GBP0.016.5%
4TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.016.1%
5TREASURY 4.125%IDX-LINKED GILT 22/07/30 GBP0.015.29%
6TREASURY 0.125% IDX LKD GILT 22/03/46 GBP4.91%
7TREASURY 0.125% GILT 22/03/68 GBP0.014.9%
8TREASURY 0.375% IDX-LKD GILT 22/03/62 GBP4.86%
9TREASURY 0.5% IDX LKD GILT 22/3/50 GBP0.014.66%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity (FIL Life Ins Ltd)
Fund type
Pension Fund
Fund objective
Aims to provide income and capital growth. Obtains exposure primarily to UK and overseas government index-linked bonds as well as other index-linked bonds. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in relation to bonds issued in currencies other than the fund’s denominated currency. Exposure to currencies may be hedged, for example with currency forward contracts. Can invest in relation to bonds issued by governments, companies and other bodies. The fund may make use of derivatives which are consistent with achieving the fund’s objective. This may result in “leverage” by which we mean a level of exposure which could expose the fund to the potential of greater gains or losses than would otherwise be the case. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. 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
  • FTSE Actuaries UK Index-Linked Over 5 Years
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Andy Weir14/07/2003Andy Weir is the portfolio manager of Fidelity Global Strategic Bond Fund. Andy joined Fidelity in 1997 as a Quantitative Fixed Income Analyst and was promoted to Director of Quantitative Research in 2002. He became a Portfolio Manager in December 2003. Prior to joining Fidelity, Andy spent five years with JP Morgan Investment Management. Andy holds a B. Eng from Nottingham University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Fidelity Index Linked Bond Pn Cl4
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price269.1
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS96
Fidelity Index Linked Bond Pn Cl5
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price235.8
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKX35
Fidelity Index Linked Bond Pn Cl8
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price244.3
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF390
Data provided by

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