Fact sheet: Fidelity Inst Liquidity CAD

Fund information
Fund name
Fidelity Institutional Liquidity CAD A Acc
Fund manager company
Fidelity (FIL Inv Mgt IRL Ltd)
Fund type
No data available.
Fund managers
  • Beatrice Rodriguezsince 22/07/1998
  • Timothy Fostersince 22/07/1998
Fund objective
The Fidelity Institutional Liquidity Fund PLC (the “Fund”) investment objective is to offer capital preservation, daily liquidity and a stable net asset value whilst producing a return to the investor in line with money market rates. The Fund comprises distinct portfolios that invest across a diversified range of short-term instruments, where the weighted average maturity is expected not to exceed 60 days.
Benchmark
  • Rolling 7-day LIBID
Investment style
None
Investment method
None
Quick stats
1 Year return
0.4%
1 Year rank in sector
7/25
Sector
FO Currency - Other
Yield
0.5%
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.
0.15%
Fund size
£33m
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.
68
Top in this sector
Fund name1 Year
Nomura C104.2%
Investec EmrgMktsSrtDrt3%
UBS (L)MnMk-AUD1.6%
JPM Liq AUD Liq1.5%
FF AusDoCa1.2%
...more in FO Currency - Other

Performance snapshot

Holdings snapshot

  • Canada60.3%
    France16.8%
    Japan9%
    Netherlands4.6%
    UK4.6%
  • Government Bills37.1%
    Certificates of Deposit32.5%
    Time Deposits16.8%
    Commercial Paper9%
    Medium Dated Bonds4.7%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.4%2.1%4%
Sector-0%0.1%0.1%0.6%-0.1%0.9%
Rank within sector6 / 248 / 257 / 257 / 255 / 247 / 24
Quartile1st2nd2nd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.3%0.6%0.9%0.9%0.9%
Sector0.3%-0.7%0.3%-0.4%1.5%
Rank within sector7 / 255 / 257 / 2410 / 2411 / 24
Quartile2nd1st2nd2nd2nd
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.
0.7
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.
-0.01
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%.
0.06
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.
0.66
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
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.
0.01
Price movement
52 week high15366.23
52 week low15299.9
Current bid price-
Current offer price-
Current mid price15366.23
Region
1Canada60.28%
2France16.82%
3Japan8.97%
4Netherlands4.65%
5UK4.64%
6Switzerland4.64%
Industry sector
1Government Bills37.09%
2Certificates of Deposit32.47%
3Time Deposits16.82%
4Commercial Paper8.97%
5Medium Dated Bonds4.65%
Asset type
1Money Market100%
Individual holdings
1CANADA(GOVT OF) 0% BDS 25/08/16 CAD10007.93%
2CANADA TREASURY BILL 2210166.34%
3CANADA(GOVT OF) 0% TB 15/12/16 CAD10006.33%
4RABOBANK NEDERLAND 2.125% EMTN 17/10/16 CAD10004.85%
5CANADA(GOVT OF) 0% TB 08/09/16 CAD10004.76%
6CANADA(GOVT OF) 0% TB 11/08/16 CAD10004.76%
7CANADA GOVT TREAS BILLS CDS 0% 10/06/20164.75%
8CANADA(GOVT OF) 0% TB 01/12/16 CAD10003.17%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity (FIL Inv Mgt IRL Ltd)
Fund type
No data available.
Fund objective
The Fidelity Institutional Liquidity Fund PLC (the “Fund”) investment objective is to offer capital preservation, daily liquidity and a stable net asset value whilst producing a return to the investor in line with money market rates. The Fund comprises distinct portfolios that invest across a diversified range of short-term instruments, where the weighted average maturity is expected not to exceed 60 days.
Benchmark
  • Rolling 7-day LIBID
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Beatrice Rodriguez22/07/1998Beatrice Rodriguez joined Fidelity in December 2003 as a Portfolio Manager in the Fixed Income Division to manage a range of institutional and retail assets in money market and short-term fixed income funds. Prior to joining Fidelity, Beatrice was a Portfolio Manager with Deutsche Bank for four years and has also previously worked at JP Morgan Investment Management.
Timothy Foster22/07/1998Tim 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
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Germany, Finland, France, United Kingdom, Ireland, Luxembourg, Norway, Offshore, Sweden
Fidelity Institutional Liquidity CAD A Acc
Initial charge-
Annual charge0.15%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15366.23
CurrencyCAD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFE64
Fidelity Institutional Liquidity CAD A Dis
Initial charge-
Annual charge0.15%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFE65
Fidelity Institutional Liquidity CAD B Dis
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFE66
Data provided by

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