Fact sheet: Fidelity Mlti Ast Inc

Fund information
Fund name
Fidelity Multi Asset Income Y Acc GBP
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Nick Peterssince 20/01/2014
  • Eugene Philalithissince 01/05/2013
Accolades
Fund objective
The Fund aims to achieve an income yield that is typically within a range of 4-6% per annum. There is no guarantee that the income target will be achieved by the Fund. Any income you may receive will vary depending on the share class of the Fund into which you are invested. The Fund invests primarily in funds (including funds managed by Fidelity) which provide global exposure to a mixture of asset classes. The Fund can also invest directly into transferable securities, 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 subject to it remaining within the following parameters: 20-100% income assets (such as bonds and cash) and 0-65% growth assets (such as equities, infrastructure securities and property securities). The Fund’s asset allocation can be adjusted within the ranges in order to preserve capital or to take advantage of market opportunities.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
13%
1 Year rank in sector
15/78
Sector
UT Mixed Investment 0-35% Shares
Yield
2.9%
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
£388m (£151m 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
126.8
Top in this sector
Fund name1 Year
SVS TPI Cautious 316.7%
BlackRock NURS II Consensus 3516.5%
TM The Beamish16.1%
Old Mutual Cirilium Cons15.7%
7IM AAP Income15.5%
...more in UT Mixed Investment 0-35% Shares

Performance snapshot

Holdings snapshot

  • UK53.7%
    Ireland17.2%
    USA9.9%
    Others3.7%
    Guernsey3.1%
  • Financials38.3%
    Consumer Staples10.9%
    Others10.6%
    Industrials9.5%
    Health Care7.6%
  • Global Investment Grade Fixed Interest26.3%
    Global High Yield Fixed Interest24.5%
    International Equities14%
    Money Market8.4%
    UK Equities8.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%2.3%6.4%13%21.3%44.9%
Sector1%1.6%4.8%10.3%15.7%29%
Rank within sector36 / 8724 / 8513 / 8215 / 788 / 564 / 43
Quartile2nd2nd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.1%11%0.8%8.2%6.1%
Sector3%8.4%0.3%5.2%4.2%
Rank within sector19 / 8315 / 7323 / 589 / 5512 / 50
Quartile1st1st2nd1st1st
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.
1.2
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.
1.1
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.
0.66
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%.
4.59
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.
1.33
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.
1.23
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.
0.92
Price movement
52 week high126.8
52 week low112.2
Current bid price-
Current offer price-
Current mid price126.8
Region
1UK53.7%
2Ireland17.2%
3USA9.9%
4Others3.7%
5Guernsey3.1%
6Switzerland2.9%
7Netherlands2.7%
8Germany2.6%
9Japan2.5%
Industry sector
1Financials38.3%
2Consumer Staples10.9%
3Others10.6%
4Industrials9.5%
5Health Care7.6%
6Utilities7.3%
7Real Estate4.2%
8Consumer Discretionary3.8%
9Information Technology3.3%
Asset type
1Global Investment Grade Fixed Interest26.3%
2Global High Yield Fixed Interest24.5%
3International Equities14%
4Money Market8.4%
5UK Equities8.1%
6Others7.2%
7Global Emerging Market Fixed Interest6%
8Global Fixed Interest4.9%
9Property0.7%
Individual holdings
1FIDELITY ENHANCED INCOME W MONTHLY INC23.14%
2FIDELITY MONEYBUILDER INCOME ACC8.73%
3FIDELITY EXTRA INCOME FUND GROSS PAYING Y INCOME SHARES7.9%
4FF US HIGH YIELD A MDIST USD7.24%
5UK AGGREGATE BOND FUND GROSS PAYING ACCUMULATION SHARES4.71%
6FIDELITY FUNDS - EMERGING MARKET LOCAL CURRENCY DEBT3.18%
7FIDELITY FUNDS - ASIAN HIGH YIELD FUND A-MDIST-USD2.58%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
The Fund aims to achieve an income yield that is typically within a range of 4-6% per annum. There is no guarantee that the income target will be achieved by the Fund. Any income you may receive will vary depending on the share class of the Fund into which you are invested. The Fund invests primarily in funds (including funds managed by Fidelity) which provide global exposure to a mixture of asset classes. The Fund can also invest directly into transferable securities, 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 subject to it remaining within the following parameters: 20-100% income assets (such as bonds and cash) and 0-65% growth assets (such as equities, infrastructure securities and property securities). The Fund’s asset allocation can be adjusted within the ranges in order to preserve capital or to take advantage of market opportunities.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Nick Peters20/01/2014Nick 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).
Eugene Philalithis01/05/2013Eugene 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.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Jersey
Fidelity Multi Asset Income A Acc
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.97%
Bid price-
Offer price-
Mid price169
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX322
Fidelity Multi Asset Income A GBP
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price117.4
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeALQ7
Fidelity Multi Asset Income A Gr Acc
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.98%
Bid price-
Offer price-
Mid price180
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX323
Fidelity Multi Asset Income A Gr GBP
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price117.1
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeALQ6
Fidelity Multi Asset Income I Gr Inc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.1
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMW7G
Fidelity Multi Asset Income N Gr Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJSQQ
Fidelity Multi Asset Income N Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.1
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJSQP
Fidelity Multi Asset Income Y Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.8
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWCX
Fidelity Multi Asset Income Y Acc Gr GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.7
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWCY
Fidelity Multi Asset Income Y Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.62%
Bid price-
Offer price-
Mid price120.8
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0T29
Fidelity Multi Asset Income Y Inc Gr GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price120.5
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0T28
Data provided by

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