Fact sheet: Fidelity Ml Ast OpAd

Fund information
Fund name
Fidelity Multi Asset Open Adventurous Y Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Nick Peterssince 05/02/2013
  • James Batemansince 21/01/2013
Fund objective
Aims to provide long-term growth. Invests in a range of assets to gain exposure to equities, commodities and property based in the UK and other worldwide markets. Invests 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. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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
Flexible
Investment method
None
Quick stats
1 Year return
14.4%
1 Year rank in sector
46/223
Sector
UT Flexible Investment
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.
1.65%
Fund size
£9m (£9m 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.
79
Mid price
127.1
Top in this sector
Fund name1 Year
M&G Managed Growth29%
CF IM Global Strategy23%
Architas Birthstar TD 2036 4020.8%
Architas Birthstar TD 2046 5020.5%
Architas Birthstar TD 2041 4520.1%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • UK27.7%
    North America26.3%
    Not Specified26.2%
    Europe ex UK6.9%
    Global Emerging Markets5.5%
  • No data available.
  • UK Equities27.7%
    North American Equities26.3%
    Commodity & Energy15.3%
    Property8%
    Europe ex UK Equities6.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%2%10.8%14.4%20.9%-
Sector-0.6%0.3%8.2%9.1%18.5%44.8%
Rank within sector53 / 25243 / 24675 / 24646 / 22388 / 186-
Quartile1st1st2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund15.2%-1.9%4.9%--
Sector9.2%2%4.9%14.1%9.7%
Rank within sector40 / 232195 / 209118 / 188--
Quartile1st4th3rd
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.
-0.35
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.
1.12
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.
0.33
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%.
8.88
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.
2.18
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.
0.15
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.
0.95
Price movement
52 week high131
52 week low99.29
Current bid price-
Current offer price-
Current mid price127.1
Region
1UK27.7%
2North America26.3%
3Not Specified26.2%
4Europe ex UK6.9%
5Global Emerging Markets5.5%
6Japan4.3%
7Pacific ex-Japan2%
8Money Market1.1%
Industry sector
No data available.
Asset type
1UK Equities27.7%
2North American Equities26.3%
3Commodity & Energy15.3%
4Property8%
5Europe ex UK Equities6.9%
6Global Emerging Market Equities5.5%
7Japanese Equities4.3%
8Others3.1%
9Asia Pacific ex Japan Equities2%
Individual holdings
1BLACKROCK GLOBAL PROPERTY SECURITIES EQUITY TRACKER L ACC7.96%
2MAJEDIE UK EQUITY X ACC7.73%
3ARTEMIS INCOME I ACC6.57%
4JOHCM UK DYNAMIC Y ACC5.82%
5FIDELITY INDEX US F5.33%
6VULCAN VALUE EQUITY II ACC GBP4.71%
7ALMA CAPITAL INVESTMENT FUNDS - ALMA HOTCHKINS & WILEY US LARGE CAP VALUE EQUITY I USD4.2%
8JPM US EQUITY INCOME C ACC3.49%
9FIDELITY INDEX UK F3.19%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to provide long-term growth. Invests in a range of assets to gain exposure to equities, commodities and property based in the UK and other worldwide markets. Invests 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. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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
Flexible
Investment method
None
Fund managers
NameSinceBiography
Nick Peters05/02/2013Nick 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).
James Bateman21/01/2013James 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 Adventurous N Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.8
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJFV
Fidelity Multi Asset Open Adventurous Y Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price127.1
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3BP
Data provided by

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