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
  • Kevin O' Nolansince 31/01/2015
  • Nick Peterssince 31/01/2015
Fund objective
Aims to provide long-term capital growth. Invests mostly in a range of global assets providing exposure to company shares, commodities and property. The Fund will also have some exposure to bonds and cash. Invests primarily in funds managed and operated by Fidelity. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can invest in bonds issued by governments, companies and other bodies. 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. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. 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
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
11.7%
1 Year rank in sector
81/268
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
£473m (£450m 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.
65
Mid price
157.2
Top in this sector
Fund name1 Year
Orbis Gbl Bal34.6%
FP MA DRP VIII21.2%
HSBC Wld Seltn Advntr Pfl21%
CF Greenmount20.7%
S&W Millbank East River20.4%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • USA49.8%
    UK31.1%
    Others7.8%
    Japan4.9%
    Germany1.9%
  • Others33.2%
    Financials11.4%
    Industrials9.3%
    Information Technology8.9%
    Consumer Staples8.4%
  • Money Market27.5%
    UK Equities20.8%
    North American Equities16.3%
    Commodity & Energy15%
    UK Fixed Interest13.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%1.1%9.2%11.7%23.9%44.1%
Sector-2%0.4%8.9%9.5%18.7%46.9%
Rank within sector148 / 280102 / 279140 / 27581 / 26852 / 240144 / 207
Quartile3rd2nd3rd2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund12.4%0.7%8.5%11.5%4.3%
Sector9.9%2.2%5%13.5%9%
Rank within sector68 / 268201 / 25223 / 242168 / 224197 / 207
Quartile2nd4th1st3rd4th
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.
1.93
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.
0.92
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.
0.64
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%.
6.88
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.
2.48
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.
0.57
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.
0.87
Price movement
52 week high162.6
52 week low129.1
Current bid price-
Current offer price-
Current mid price157.2
Region
1USA49.79%
2UK31.07%
3Others7.79%
4Japan4.89%
5Germany1.85%
6Canada1.69%
7France1.63%
8Hong Kong1.52%
9Australia1.51%
Industry sector
1Others33.16%
2Financials11.4%
3Industrials9.26%
4Information Technology8.88%
5Consumer Staples8.4%
6Consumer Discretionary8.05%
7Real Estate6.84%
8Health Care6.61%
9Energy4.07%
Asset type
1Money Market27.53%
2UK Equities20.77%
3North American Equities16.25%
4Commodity & Energy15.03%
5UK Fixed Interest13.73%
6Property7.88%
7Europe ex UK Equities5.43%
8Global Emerging Market Equities3.37%
9Japanese Equities2.91%
Individual holdings
1FIDELITY GROSS ACCUMULATING CASH A GBP11.46%
2SSGA SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF GBP1.85%
3DEUTSCHE BANK AG LONDON 0% BDS 10/02/17 USD11.83%
4DEUTSCHE BANK AG LONDON 0% BDS 16/02/17 USD11.46%
5DOW JONES UBS IND METLS TR SUB_WARRANT1.1%
6TREASURY 4.25% GILT 7/9/39 GBP0.010.94%
7ISHARES II PLC DEVELOPED MARKETS PROPERTY YIELD ETF $ DIST GBP0.85%
8ISHARES II PLC DEVELOPED MARKETS PROPERTY YIELD ETF $ DIST GBP0.85%
9ROYAL DUTCH SHELL0.71%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to provide long-term capital growth. Invests mostly in a range of global assets providing exposure to company shares, commodities and property. The Fund will also have some exposure to bonds and cash. Invests primarily in funds managed and operated by Fidelity. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can invest in bonds issued by governments, companies and other bodies. 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. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. 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
No data available.
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
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.
Nick Peters31/01/2015Nick Peters is Portfolio Manager in the Investment Solutions Group. Nick has 20 years of industry experience and joined Fidelity in 2012. Prior to joining Fidelity, Nick was a member of the multi-manager team at Barclays Wealth, responsible for UK and European Equities. He joined Barclays in 2010 from BAE Systems Pension Fund where he was responsible for the fund's external managers across asset classes. Prior to joining BAE Systems in 2009, Nick was an Equity Portfolio Manager at Henderson Global Investors. He was a Director within the Multi Strategy Equity team. He joined AMP Asset Management (which later merged with Henderson) in 1993. Nick holds a BA (Hons) in Economics and Statistics from Exeter University and is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW).
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 price152.5
CurrencyGBX
Price updated01/12/2016
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 price123.3
CurrencyGBX
Price updated01/12/2016
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 price157.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHTY2
Data provided by

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