Fact sheet: HLL Fidelity MnyBuldr Inc Pn

Fund information
Fund name
HLL Fidelity MoneyBuilder Income Pn 50
Fund manager company
Hawthorn Life DAC
Fund type
Pension Fund
Fund managers
  • Ian Spreadburysince 02/10/1995
  • Sajiv Vaidsince 02/08/2015
Underlying fund
Fidelity Moneybld Income
Fund objective
HLL to invest 100% in underlying asset. The aim of the Fidelity Moneybuilder Income fund is to provide an attractive level of income. Obtains exposure primarily to sterling denominated (or hedged back to sterling) bonds.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.4%
1 Year rank in sector
137/262
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£4m (£4m 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.
35
Top in this sector
Fund name1 Year
OMW IPL L&G AAA CrpBdOv15YIx Pn15%
BlackRock DC AqOv 15 YCrp BdIx HP14.2%
L&G PMC AAAAAA CpBd Ov15Y Id Pn13.6%
Aviva AT SF Corp Bd Pn13.1%
AEGON Long Core Plus Pn13.1%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK69.4%
    USA8.5%
    France5.1%
    International3.4%
    Germany3.2%
  • Investment Grade Bonds40.5%
    Financials23.1%
    Asset/Mortgage-Backed Securities13.5%
    Investment Grade Government Bonds8.6%
    Government Bonds6%
  • UK Fixed Interest69.4%
    US Fixed Interest8.5%
    French Fixed Interest5.1%
    European Fixed Interest4.6%
    Global Fixed Interest3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%2.3%-1.7%8.4%21.9%38.2%
Sector0.8%2.3%-1.2%8.5%20%36.9%
Rank within sector96 / 268131 / 266198 / 266137 / 26277 / 23691 / 217
Quartile2nd2nd3rd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.6%9.4%0%12.7%0.4%
Sector1.4%9.4%0.2%10.5%1%
Rank within sector99 / 266130 / 262154 / 24719 / 236161 / 227
Quartile2nd2nd3rd1st3rd
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.
0.31
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.
1.04
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.
0.57
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%.
5.7
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.
0.87
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.
0.6
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.
0.98
Price movement
52 week high19.82
52 week low17.78
Current bid price-
Current offer price-
Current mid price19.27
Region
1UK69.42%
2USA8.49%
3France5.13%
4International3.41%
5Germany3.18%
6Europe2.55%
7Australasia2.28%
8Continental Europe2.08%
9Switzerland1.17%
Industry sector
1Investment Grade Bonds40.53%
2Financials23.06%
3Asset/Mortgage-Backed Securities13.5%
4Investment Grade Government Bonds8.62%
5Government Bonds6.02%
6High Yield Bond5.2%
7Others2.04%
8Money Market0.67%
9Foreign Exchange0.3%
Asset type
1UK Fixed Interest69.42%
2US Fixed Interest8.49%
3French Fixed Interest5.13%
4European Fixed Interest4.63%
5Global Fixed Interest3.71%
6German Fixed Interest3.18%
7Asia Pacific Fixed Interest2.28%
8Swiss Fixed Interest1.17%
9Canadian Fixed Interest0.58%
Individual holdings
1UNITED KINGDOM OF GREAT BRITAIN5.7%
2EUROPEAN INVESTMENT BANK3.13%
3ELECTRICITE DE FRANCE2.43%
4ABBEY NATIONAL TREASURY SERVICES PLC2.09%
5BARCLAYS BANK PLC1.94%
6Bank Of Scotland Plc1.74%
7Aa Bond Co Ltd1.71%
8TRANSPORT FOR LONDON1.7%
9NETWORK RAIL INFRA FIN PLC 1.57%
Management
Fund manager group
Hartford Life
Fund manager company
Hawthorn Life DAC
Fund type
Pension Fund
Fund objective
HLL to invest 100% in underlying asset. The aim of the Fidelity Moneybuilder Income fund is to provide an attractive level of income. Obtains exposure primarily to sterling denominated (or hedged back to sterling) bonds.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ian Spreadbury02/10/1995Ian Spreadbury is a Senior Portfolio Manager at Fidelity International with 30 years investment experience. Since joining Fidelity in 1995, he has been responsible for managing several of Fidelity's bond strategies. Previously, he worked for Legal and General in various positions including Senior Portfolio Manager (Bonds). Ian has a BSc in Pure & Applied Mathematics from University College of North Wales and an MSc in Mathematical Statistics from University of Sussex. He is also a Fellow of the Institute of Actuaries and is one of the most experienced fixed income managers in the industry.
Sajiv Vaid02/08/2015Sajiv Vaid joined Fidelity in 2015 and is co-Manager on the Moneybuilder and Extra Income Funds. After graduation Sajiv joined Gerrard Group (1994-1997) as a trainee bond fund manager, joining Fuji Investments as a fully-fledged bond fund manager in 1997, where he managed global fixed income portfolios. In 2001, he joined Royal London Asset Management where he managed their flagship retail and institutional corporate funds. Sajiv graduated from the University of Hull in 1991 in Economic & Social History and holds an MA in Modern Internatio.al Studies from University of Leeds.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
HLL Fidelity MoneyBuilder Income Pn 50
Initial charge-
Annual charge0.73%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price19.2723
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV766
HLL Fidelity MoneyBuilder Income Pn 51
Initial charge-
Annual charge0.83%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price19.1071
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGWFA
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.