Fact sheet: Fidelity MltAsAllDe

Fund information
Fund name
Fidelity Multi Asset Allocator Defensive Y Acc
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 growth. Invests mostly in a range of global assets providing exposure to bonds and cash. The fund may also have some exposure to company shares, property and commodities. Invests primarily in funds, including those managed by Fidelity. It is anticipated that the fund will mainly invest in index tracking funds with the aim of pursuing a lower cost investment approach. 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
Cautious,Growth
Investment method
None
Quick stats
1 Year return
7.5%
1 Year rank in sector
30/75
Sector
UT Mixed Investment 0%-35% 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.
0.28%
Fund size
£47m (£30m 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.
33
Mid price
122.3
Top in this sector
Fund name1 Year
BlackRock NURS II Consensus 3515.9%
SVS TPI Cautious 313.3%
Old Mutual Cirilium Cons11.8%
SJP Strategic Income11.3%
VT Turcan Connell Inc Pfl10.8%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK44.8%
    Money Market33.9%
    Not Specified11.7%
    International5.4%
    Europe ex UK1.4%
  • Fixed Interest47.9%
    Others29.7%
    Commodity & Energy8.6%
    Equities7.5%
    Property3.2%
  • UK Fixed Interest39.4%
    Money Market33.9%
    Commodity & Energy9.3%
    Global Fixed Interest5.4%
    Others5.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%-1.3%3.6%7.5%17%20.6%
Sector-0.7%-1.3%4.2%6.3%13.1%25.2%
Rank within sector18 / 8338 / 8349 / 8230 / 7517 / 5834 / 41
Quartile1st2nd3rd2nd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund7.6%0.5%7.7%2.1%-
Sector6.5%0.3%5.2%4.2%6.3%
Rank within sector29 / 7536 / 6113 / 5844 / 5142 / 43
Quartile2nd3rd1st4th4th
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.
1.29
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.
0.94
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.
0.37
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%.
4.25
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.
1.99
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.
0.53
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.
0.78
Price movement
52 week high125.7
52 week low111.6
Current bid price-
Current offer price-
Current mid price122.3
Region
1UK44.8%
2Money Market33.9%
3Not Specified11.7%
4International5.4%
5Europe ex UK1.4%
6Global Emerging Markets1.1%
7Japan0.7%
8Pacific ex-Japan0.6%
9North America0.4%
Industry sector
1Fixed Interest47.9%
2Others29.7%
3Commodity & Energy8.6%
4Equities7.5%
5Property3.2%
6Money Market3.1%
Asset type
1UK Fixed Interest39.4%
2Money Market33.9%
3Commodity & Energy9.3%
4Global Fixed Interest5.4%
5Others5.4%
6UK Equities5.4%
7Europe ex UK Equities1.4%
8Global Emerging Market Equities1.1%
9Property1.1%
Individual holdings
1L&G ALL STOCKS GILT INDEX TRUST M ACC26.71%
2FIDELITY GROSS ACCUMULATING CASH A GBP25.57%
3BLACKROCK UK CREDIT BOND INDEX DIS9.7%
4ILF US DOLLAR FUND DIS C8.3%
5ISHARES $ TIPS UCITS ETF GBP5.44%
6ISHARES $ TIPS UCITS ETF GBP5.44%
7FIDELITY INDEX UK F5.36%
8ISHARES II PLC CORE UK GILTS UCITS ETF GBP DIST2.84%
9ISHARES II PLC CORE UK GILTS UCITS ETF GBP DIST2.84%
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 mostly in a range of global assets providing exposure to bonds and cash. The fund may also have some exposure to company shares, property and commodities. Invests primarily in funds, including those managed by Fidelity. It is anticipated that the fund will mainly invest in index tracking funds with the aim of pursuing a lower cost investment approach. 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
Cautious,Growth
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 Allocator Defensive A Acc
Initial charge3%
Annual charge1.2%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price118.9
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DTB
Fidelity Multi Asset Allocator Defensive A Gr Acc
Initial charge3%
Annual charge1.2%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price119.1
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DTA
Fidelity Multi Asset Allocator Defensive N Acc
Initial charge-
Annual charge0.25%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price115.9
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJFK
Fidelity Multi Asset Allocator Defensive N Gr Acc
Initial charge-
Annual charge0.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.25%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price117
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJFJ
Fidelity Multi Asset Allocator Defensive Y Acc
Initial charge-
Annual charge0.28%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.28%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price122.3
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DT9
Fidelity Multi Asset Allocator Defensive Y Gr Acc
Initial charge-
Annual charge0.28%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.28%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price123.7
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DT8
Data provided by

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