Fact sheet: Fidelity US Dollar Cash

Fund information
Fund name
Fidelity US Dollar Cash A USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Timothy Fostersince 17/11/2008
Fund objective
Aims to provide a return in line with money market rates, with capital security and liquidity being the primary considerations. At least 70% invested in US Dollar denominated interest bearing debt with less than 12 months to maturity. The types of debt securities may include instruments of US and other banks, commercial paper, obligations issued or guaranteed by the US government, its agencies, or instrumentalities, variable rate notes, variable rate certificates of deposit, certain investment grade collateralised mortgage obligations and other asset-backed securities, and issues of US and other governments and supranational agencies, such as US Treasury Bills, notes and bonds. Has the freedom to invest in other permitted assets such as money market instruments and cash provided the average residual maturity of the portfolio is not more than 12 months. 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. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
Short Dated Bonds
Quick stats
1 Year return
0.1%
1 Year rank in sector
36/56
Sector
FO Currency - US Dollar
Yield
0.1%
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.
0.17%
Fund size
£1,384m (£1,238m 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.
66
Top in this sector
Fund name1 Year
Hume Caut MA $0.9%
BlackRock ICSInt$UlStBd0.9%
CMI US Dollar Currency Reserve0.7%
Dimensional One Year Fxd Inc Pfl0.7%
Amundi Cash USD0.7%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0%0.1%0.2%0.3%
Sector0%0.1%0.2%0.3%0.3%0.6%
Rank within sector42 / 6040 / 5938 / 5736 / 5627 / 5227 / 50
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0%0%0.1%0%0.1%
Sector0.2%0.1%-0%-0.1%0.4%
Rank within sector37 / 5725 / 5415 / 5219 / 5125 / 50
Quartile3rd2nd2nd2nd2nd
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.
0.05
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
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.
-
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.
0.08
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.
-0.79
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.
0.02
Price movement
52 week high11.72
52 week low11.71
Current bid price-
Current offer price-
Current mid price11.71
Region
1France25.53%
2Japan19.4%
3Germany18.77%
4Australia9.15%
5Switzerland7.47%
6Netherlands4.75%
7USA3.66%
8Canada3.59%
9UK2.93%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
1CREDIT AGRICOLE FRN 03/10/16 USD2500000.1%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide a return in line with money market rates, with capital security and liquidity being the primary considerations. At least 70% invested in US Dollar denominated interest bearing debt with less than 12 months to maturity. The types of debt securities may include instruments of US and other banks, commercial paper, obligations issued or guaranteed by the US government, its agencies, or instrumentalities, variable rate notes, variable rate certificates of deposit, certain investment grade collateralised mortgage obligations and other asset-backed securities, and issues of US and other governments and supranational agencies, such as US Treasury Bills, notes and bonds. Has the freedom to invest in other permitted assets such as money market instruments and cash provided the average residual maturity of the portfolio is not more than 12 months. 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. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
Short Dated Bonds
Fund managers
NameSinceBiography
Timothy Foster17/11/2008Tim Foster is a Portfolio Manager within Fidelity International’s London-based fixed income team managing various money market and short-term bond funds. Tim joined Fidelity in 2003 as a Quantitative Analyst and progressed to become a Portfolio Manager in 2007. He has a BA MSc in Natural Sciences from Cambridge University and is a CFA Charterholder. He also has a Certificate in Quantitative Finance.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Bahrain, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Poland, Portugal, Qatar, Singapore, Sweden, Taiwan - Province Of China, South Africa
Fidelity US Dollar Cash A Acc USD
Initial charge5.25%
Annual charge0.4%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.24%
Bid price-
Offer price-
Mid price10.8776
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG851
Fidelity US Dollar Cash A USD
Initial charge-
Annual charge0.4%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.24%
Bid price-
Offer price-
Mid price11.7112
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFE70
Fidelity US Dollar Cash Y Acc USD
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)0.22%
Bid price-
Offer price-
Mid price10.2316
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFL3
Data provided by

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