Fact sheet: Fidelity Ml Ass Op Sg

Fund information
Fund name
Fidelity Multi Asset Open Strategic Y Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Eugene Philalithissince 01/02/2010
  • James Batemansince 05/02/2013
Fund objective
The fund aims to provide long-term capital growth. The fund invests in a range of assets to gain exposure to global markets mainly in bonds, equities, property, commodities and cash. The Fund will invest in funds and may also invest in transferable securities, money market instruments, cash and deposits. It is anticipated that as an ''open'' fund, investment shall be made in both funds managed by third party fund providers and funds managed by Fidelity and in such proportions as the investment manager may decide in pursuit of the investment strategy. The fund has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. The fund can invest in bonds issued by governments, companies and other bodies. The fund 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. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure.
Benchmark
No data available.
Investment style
Balanced,Growth
Investment method
None
Quick stats
1 Year return
10.5%
1 Year rank in sector
40/204
Sector
UT Mixed Investment 20%-60% Shares
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.
1.45%
Fund size
£85m (£84m 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.
44
Mid price
117.3
Top in this sector
Fund name1 Year
AXA Global Distribution19.2%
S&W The Magpie18.8%
SVS TPI Balanced 216.1%
Investec Caut Mgd15.6%
Omnis Multi-Asset Income15.3%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK40%
    Money Market20.6%
    International14.4%
    North America12.3%
    Not Specified4.9%
  • Fixed Interest37.7%
    Equities36.8%
    Others20.6%
    Commodity & Energy8%
    Property3.6%
  • UK Fixed Interest23.3%
    Money Market20.6%
    UK Equities16.7%
    Global Fixed Interest14.4%
    North American Equities12.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%0.2%7.1%10.5%21.9%41.6%
Sector-0.7%-1%5.5%7.1%15.5%34.5%
Rank within sector68 / 21442 / 21356 / 21140 / 20423 / 17353 / 144
Quartile2nd1st2nd1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.3%0.6%7.9%7%9.7%
Sector7.4%1.2%5%9%8%
Rank within sector30 / 204131 / 19019 / 175130 / 16164 / 145
Quartile1st3rd1st4th2nd
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.
1.87
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
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.
0.59
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%.
5.49
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.
1.62
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.
1.14
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.
0.91
Price movement
52 week high120.1
52 week low100.7
Current bid price-
Current offer price-
Current mid price117.3
Region
1UK40.02%
2Money Market20.62%
3International14.37%
4North America12.31%
5Not Specified4.89%
6Europe ex UK2.83%
7Global Emerging Markets2.19%
8Japan1.81%
9Pacific ex-Japan0.96%
Industry sector
1Fixed Interest37.7%
2Equities36.8%
3Others20.62%
4Commodity & Energy7.96%
5Property3.63%
6Derivatives-6.7%
Asset type
1UK Fixed Interest23.33%
2Money Market20.62%
3UK Equities16.7%
4Global Fixed Interest14.37%
5North American Equities12.31%
6Commodity & Energy7.96%
7Property3.63%
8Europe ex UK Equities2.83%
9Global Emerging Market Equities2.19%
Individual holdings
1FIDELITY INSTITUTIONAL UK AGGREGATE BOND GR13.96%
2ILF US DOLLAR FUND DIS C7.21%
3MAJEDIE UK EQUITY X ACC4.32%
4NATIXIS LOOMIS SAYLES GLOBAL OPPORTUNISTIC BOND H-S GBP4.19%
5FIDELITY STRATEGIC BOND INC4.08%
6FIDELITY GROSS ACCUMULATING CASH A GBP3.6%
7JOHCM UK DYNAMIC Y ACC3.43%
8ARTEMIS INCOME I ACC3.12%
9L&G ALL STOCKS GILT INDEX TRUST M ACC3%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
The fund aims to provide long-term capital growth. The fund invests in a range of assets to gain exposure to global markets mainly in bonds, equities, property, commodities and cash. The Fund will invest in funds and may also invest in transferable securities, money market instruments, cash and deposits. It is anticipated that as an ''open'' fund, investment shall be made in both funds managed by third party fund providers and funds managed by Fidelity and in such proportions as the investment manager may decide in pursuit of the investment strategy. The fund has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. The fund can invest in bonds issued by governments, companies and other bodies. The fund 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. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure.
Benchmark
No data available.
Investment style
Balanced,Growth
Investment method
None
Fund managers
NameSinceBiography
Eugene Philalithis01/02/2010Eugene 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.
James Bateman05/02/2013James joined Fidelity in 2012, having previously worked at Barclays Wealth, Northern Trust Global Investments, Investment Manager Selection Limited and Mercer Management Consulting. He has an MA in Economics from the University of Cambridge. James leads our global manager research and portfolio management capabilities.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Jersey
Fidelity Multi Asset Open Strategic A Acc
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price135.2
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB5Q4
Fidelity Multi Asset Open Strategic A Inc
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.96%
Bid price-
Offer price-
Mid price31.85
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFT83
Fidelity Multi Asset Open Strategic N Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price118.2
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJFH
Fidelity Multi Asset Open Strategic Y Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.3
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJTYA
Fidelity Multi Asset Open Strategic Y Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price30.19
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG7FT
Data provided by

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