Fact sheet: Fidelity Multi Ast Str

Fund information
Fund name
Fidelity Multi Asset Strategic Acc
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 capital growth through global exposure to a balance of lower and higher 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: 50% lower risk assets (such as debt instruments e.g. bonds and cash) and 50% higher risk assets (including equities, commodities and property securities). However, the Fund’s allocation between lower risk and higher risk assets can be tactically adjusted within the following range in order to preserve capital or take advantage of market opportunities: 30-70% lower risk assets and 30-70% higher risk assets.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
16.7%
1 Year rank in sector
-
Sector
UT Mixed Investment 20%-60% 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.
1.58%
Fund size
£626m (£576m 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.
47
Mid price
174.6
Top in this sector
Fund name1 Year
S&W The Magpie41.9%
SVS TPI Balanced 227.2%
Artemis Monthly Distribution25.3%
Thesis The Gbl Bal Strategy24.9%
AXA Global Distribution24.9%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • USA46.1%
    UK33.9%
    Others6.2%
    Japan5.8%
    Canada1.6%
  • Others31.3%
    Financials12.8%
    Industrials9.4%
    Information Technology8.9%
    Consumer Discretionary8.1%
  • UK Fixed Interest32.4%
    Money Market28.3%
    UK Equities16.9%
    North American Equities11.2%
    Commodity & Energy10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%4.1%2.1%16.7%24.1%35.7%
Sector1.2%4.3%3.4%15.6%18.8%35.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund1%13%0.5%8.9%6.8%
Sector1.8%10.3%1.2%5%9%
Rank within sector-----
Quartile
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.
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.
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.
0.73
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%.
5.38
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.
2.32
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.
0.66
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.
0.82
Price movement
52 week high174.7
52 week low150.3
Current bid price-
Current offer price-
Current mid price174.6
Region
1USA46.09%
2UK33.89%
3Others6.21%
4Japan5.78%
5Canada1.59%
6Australia1.42%
7Hong Kong1.21%
8Germany1.12%
9France1%
Industry sector
1Others31.31%
2Financials12.81%
3Industrials9.37%
4Information Technology8.91%
5Consumer Discretionary8.1%
6Consumer Staples7.48%
7Health Care5.96%
8Energy4.49%
9Materials4.37%
Asset type
1UK Fixed Interest32.43%
2Money Market28.32%
3UK Equities16.93%
4North American Equities11.17%
5Commodity & Energy10.2%
6Global Fixed Interest5.3%
7Property3.04%
8Japanese Equities2.66%
9Global Emerging Market Equities2.25%
Individual holdings
1FIDELITY GROSS ACCUMULATING CASH A GBP14.1%
2TREASURY 4.25% GILT 7/9/39 GBP0.011.72%
3BLACKROCK GLOBAL PROPERTY SECURITIES EQUITY TRACKER L ACC1.48%
4TREASURY 3.25% GILT 22/01/44 GBP0.011.22%
5TREASURY 3.75% GILT 22/07/52 GBP0.011.1%
6TREASURY 4.5% GILT 7/9/2034 GBP0.011.1%
7SSGA SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF GBP1.07%
8TREASURY 3.75% GILT 07/09/21 GBP1.05%
9TREASURY 4% GILT 07/03/22 GBP0.010.91%
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 capital growth through global exposure to a balance of lower and higher 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: 50% lower risk assets (such as debt instruments e.g. bonds and cash) and 50% higher risk assets (including equities, commodities and property securities). However, the Fund’s allocation between lower risk and higher risk assets can be tactically adjusted within the following range in order to preserve capital or take advantage of market opportunities: 30-70% lower risk assets and 30-70% higher risk assets.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
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).
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 Strategic Acc
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price174.6
CurrencyGBX
Price updated21/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL989
Fidelity Multi Asset Strategic N Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price127.2
CurrencyGBX
Price updated21/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJFQ
Fidelity Multi Asset Strategic Y Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price158.2
CurrencyGBX
Price updated21/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGYS4
Data provided by

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