Fact sheet: Fidelity Short Dtd Corp Bd

Fund information
Fund name
Fidelity Short Dated Corporate Bond Y Gr Acc
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund manager
No data available.
Fund objective
The Fund’s investment objective is to achieve both capital growth and income. The Fund will obtain global exposure primarily to sterling-denominated (or hedged back to Sterling) corporate fixed interest securities with a remaining maturity of less than or equal to 5 years.
Benchmark
  • BofA Merrill Lynch 1-5 Year Eurosterling Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT Sterling Corporate Bond
Yield
4.4%
Fund size
£0m
Mid price
1004.96
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond12.4%
Newton Long Corporate Bond11.4%
F&C Instl Lg Dtd Corp Bd11.1%
Henderson Inst Long Dat Cr11%
Fidelity Inst UK Lg Crp Bd10.5%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund------
Sector-1.1%-4.4%2.6%6.3%17.7%34.2%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector7.5%-0.3%10.1%0.2%12.1%
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.
-
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.
-
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.
-
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%.
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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.
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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.
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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.
-
Price movement
52 week high1004.72
52 week low1000
Current bid price-
Current offer price-
Current mid price1004.96
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
The Fund’s investment objective is to achieve both capital growth and income. The Fund will obtain global exposure primarily to sterling-denominated (or hedged back to Sterling) corporate fixed interest securities with a remaining maturity of less than or equal to 5 years.
Benchmark
  • BofA Merrill Lynch 1-5 Year Eurosterling Index
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity Short Dated Corporate Bond Y Gr Acc
Initial charge-
Annual charge0.38%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1004.96
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGNZ
Fidelity Short Dated Corporate Bond Y Gr Inc
Initial charge-
Annual charge0.38%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1004.05
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNGNY
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.