Fact sheet: Fidelity Inst Liquidity EUR

Fund information
Fund name
Fidelity Institutional Liquidity EUR F Dis
Fund manager company
Fidelity (FIL Inv Mgt IRL Ltd)
Fund type
No data available.
Fund managers
  • Timothy Fostersince 01/01/2003
Fund objective
To invest in a diversified range of short-term instruments with the aim of maintaining capital value and liquidity whilst producing a return to the investor in line with money market rates. The weighted average maturity is expected not to exceed 60 days.
Benchmark
  • Rolling 7-day Euro LIBID
Investment style
None
Investment method
None
Quick stats
1 Year return
-
1 Year rank in sector
14/57
Sector
FO Currency - Euro
Yield
-0.4%
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
£1,429m
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.
62
Top in this sector
Fund name1 Year
Amundi Abs Euro Taux Court2.6%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
DB Platinum IV Dync Csh1%
Petercam L Liq EUR&FRN0.8%
Amundi 12 M0.8%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

  • France28%
    Japan17.2%
    USA10.9%
    Netherlands7.2%
    Sweden6.6%
  • Commercial Paper53.9%
    Certificates of Deposit27.7%
    Money Market6.1%
    Media5.4%
    Short Term Asset Backed4.5%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-----0.3%
Sector-0.1%-0.2%-0.2%-0.2%-0.1%0.3%
Rank within sector8 / 5914 / 5815 / 5814 / 5721 / 54-
Quartile1st1st2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund----0%
Sector-0.2%-0.1%0.1%0%0.3%
Rank within sector13 / 5813 / 5438 / 5332 / 50-
Quartile1st1st3rd3rd
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.
-
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.
-
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%.
-
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.
0.11
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.
-0.14
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.
-
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1France28%
2Japan17.16%
3USA10.94%
4Netherlands7.15%
5Sweden6.58%
6Money Market6.08%
7Germany5.85%
8Belgium4.66%
9Austria4.53%
Industry sector
1Commercial Paper53.88%
2Certificates of Deposit27.68%
3Money Market6.08%
4Media5.38%
5Short Term Asset Backed4.46%
6Floating Rate Notes2.52%
Asset type
1Money Market100%
Individual holdings
1KREDITANSTALT FUER WIEDERAUFBAU KFW 2% BDS 07/09/16 EUR10003.07%
2CREDIT SUISSE AG LONDON BRANCH FRN 23/09/16 EUR1000001.4%
3WELLS FARGO & CO 4.375% NTS 01/08/16 EUR500000.91%
4UBS AG LONDON BRANCH FRN 05/09/16 EUR1000000.43%
5ALLIANZ FINANCE II BV 4% GTD MTN 23/11/16 EUR500000.27%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity (FIL Inv Mgt IRL Ltd)
Fund type
No data available.
Fund objective
To invest in a diversified range of short-term instruments with the aim of maintaining capital value and liquidity whilst producing a return to the investor in line with money market rates. The weighted average maturity is expected not to exceed 60 days.
Benchmark
  • Rolling 7-day Euro LIBID
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Timothy Foster01/01/2003Tim 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, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Norway, Offshore, Sweden, South Africa
Fidelity Institutional Liquidity EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code054P
Fidelity Institutional Liquidity EUR 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 price14045.12
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFE72
Fidelity Institutional Liquidity EUR 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)0.15%
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFE74
Fidelity Institutional Liquidity EUR B Acc
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 price11143.25
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEV34
Fidelity Institutional Liquidity EUR B Dis
Initial charge-
Annual charge0.15%
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
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFE73
Fidelity Institutional Liquidity EUR B Series 1
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJEFV
Fidelity Institutional Liquidity EUR D Acc
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 price11334.63
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEV35
Fidelity Institutional Liquidity EUR F Dis
Initial charge-
Annual charge1%
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
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0T25
Data provided by

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