Fact sheet: Fidelity Ml Ast Grth

Fund information
Fund name
Fidelity Multi Asset Growth Y
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Nick Peterssince 31/01/2015
  • Kevin O' Nolansince 31/01/2015
Fund objective
The Fund aims to provide long-term growth through global exposure to higher risk assets and also some exposure to lower risk assets. The Fund will primarily invest in funds (including funds managed by Fidelity). The Fund may also invest directly into transferable securities, other collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed and typical allocation will be as follows: 75% higher risk assets (including equities, commodities and property securities) and 25% lower risk assets (such as debt instruments e.g. bonds and cash). However, the Fund’s allocation between higher risk and lower risk assets can be tactically adjusted within the following range in order to preserve capital or take advantage of market opportunities: 65-100% higher risk assets and 0-35% lower risk assets.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
13.4%
1 Year rank in sector
167/263
Sector
UT Mixed Investment 40%-85% 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.
1.13%
Fund size
£490m (£420m 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.
66
Mid price
163.6
Top in this sector
Fund name1 Year
Orbis Gbl Bal26.1%
CF Greenmount24.5%
HSBC Wld Seltn Advntr Pfl24%
S&W MF23.2%
SVS TPI Aggressive 122.9%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • USA46.1%
    UK29.7%
    Others8.1%
    Japan5.5%
    Germany2.1%
  • Others30.2%
    Financials13.7%
    Industrials9.2%
    Information Technology8.7%
    Consumer Discretionary7.8%
  • Money Market23.9%
    UK Equities20.3%
    North American Equities16.5%
    Commodity & Energy14.6%
    UK Fixed Interest13.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-0.1%0.9%13.4%27.7%46.3%
Sector-1.6%1.7%3.2%14.3%25.7%48.1%
Rank within sector156 / 277264 / 277257 / 273167 / 26399 / 239141 / 208
Quartile3rd4th4th3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.4%16.5%0.7%8.5%11.5%
Sector2.8%13.3%2.2%5%13.5%
Rank within sector264 / 27456 / 259194 / 24522 / 236165 / 221
Quartile4th1st4th1st3rd
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.
1.62
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.
0.9
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.
0.8
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%.
6.75
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.
2.59
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.
0.33
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.
0.86
Price movement
52 week high168.1
52 week low140.7
Current bid price-
Current offer price-
Current mid price163.6
Region
1USA46.1%
2UK29.7%
3Others8.1%
4Japan5.5%
5Germany2.1%
6Australia1.7%
7Canada1.6%
8France1.6%
9Hong Kong1.5%
Industry sector
1Others30.2%
2Financials13.7%
3Industrials9.2%
4Information Technology8.7%
5Consumer Discretionary7.8%
6Consumer Staples7.4%
7Health Care6.1%
8Real Estate5.6%
9Materials4.4%
Asset type
1Money Market23.9%
2UK Equities20.3%
3North American Equities16.5%
4Commodity & Energy14.6%
5UK Fixed Interest13.8%
6Property9.1%
7Europe ex UK Equities6.3%
8Japanese Equities3.7%
9Global Emerging Market Equities3.5%
Individual holdings
1THE UNITED STATES DOLLAR FUND CLASS C FLEX DISTRIBUTING SHARES SERIES 115.92%
2BLOOMBERG COMMODITY INDEX_CFD14.56%
3FIDELITY CASH FUND Y ACCUMULATION SHARES7.94%
4UK AGGREGATE BOND FUND GROSS PAYING ACCUMULATION SHARES7.73%
5UK GILT FUND GROSS PAYING ACCUMULATION SHARES6.12%
6BLACKROCK GLB PROP SEC EQT FND5.68%
7FIDELITY AMERICAN SPECIAL SITUATIONS ACC5.49%
8FIDELITY SPECIAL SITUATIONS FUND A ACCUMULATION SHARES5.11%
9FIDELITY RENAISSANCE FUND F ACCUMULATION SHARES4.66%
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 growth through global exposure to higher risk assets and also some exposure to lower risk assets. The Fund will primarily invest in funds (including funds managed by Fidelity). The Fund may also invest directly into transferable securities, other collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed and typical allocation will be as follows: 75% higher risk assets (including equities, commodities and property securities) and 25% lower risk assets (such as debt instruments e.g. bonds and cash). However, the Fund’s allocation between higher risk and lower risk assets can be tactically adjusted within the following range in order to preserve capital or take advantage of market opportunities: 65-100% higher risk assets and 0-35% lower risk assets.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Nick Peters31/01/2015<<AUTOMATED>>
Kevin O' Nolan31/01/2015Kevin O’Nolan is a Portfolio Manager in Fidelity Solutions. He joined Fidelity in 2008 as an Asset Allocation Analyst. During his time at Fidelity he has worked as a key member of Fidelity Solutions’ Tactical Asset Allocation team. In January 2015, Kevin O’Nolan became the lead portfolio manager on all five of our risk profiled Multi Asset Allocator funds. He was also appointed co-portfolio manager to 4 of our risk profiled Multi Asset growth range of funds and our two Global Multi Asset Tactical funds. Kevin’s deep understanding of the full range of market dynamics makes a significant contribution to our TAA process and views. Kevin holds a BA (Hons) in Management Science and Information Systems Studies from Trinity College, Dublin and an MSc in Investment Management from Cass Business School, London. He is also a CFA Charterholder.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Jersey
Fidelity Multi Asset Growth Acc
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.68%
Bid price-
Offer price-
Mid price158.3
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHTY1
Fidelity Multi Asset Growth N Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.4
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJFN
Fidelity Multi Asset Growth Y
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price163.6
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHTY2
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.