Fact sheet: MetLife Fid Corp Bd 20yr Pn

Fund information
Fund name
MetLife Fidelity Corporate Bond 20yr Pn
Fund manager company
MetLife
Fund type
Pension Fund
Fund manager
  • Ian Fishwicksince 16/09/2015
No data available.
Fund objective
This fund aims to provide income and capital growth over the long term by investing in the Fidelity UK Corporate Bond Fund. The fund invests mainly in non-governemnt bonds and also has the freedom to invest outside the fund’s principal geographies, market sectors, industries or asset classes. Cash or Cash Equivalent assests may also be held by the Feeder Fund to ensure it maintains a target maturity of twenty years.
Benchmark
No data available.
Investment style
Target Maturity
Investment method
Fixed Interest
Quick stats
1 Year return
10.4%
1 Year rank in sector
35/262
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£41m (£1m last year)
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP15.4%
OMW IPL L&G AAA CrpBdOv15YIx Pn14.4%
Zurich M&G All StCor Bd12.8%
L&G PMC AAAAAA CpBd Ov15Y Id Pn12.8%
Aviva AT SF Corp Bd Pn12.6%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK45.1%
    USA17.7%
    Germany8.3%
    France6.4%
    Europe4.9%
  • Financials40.6%
    Investment Grade Bonds36.9%
    Government Bonds29.3%
    Banks23.9%
    Insurance10.6%
  • UK Fixed Interest44.1%
    US Fixed Interest17.1%
    German Fixed Interest6.8%
    French Fixed Interest6.5%
    European Fixed Interest6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%2.5%-8.6%10.4%--
Sector0.4%2.3%-1.5%8.4%19.7%36.9%
Rank within sector263 / 26876 / 266266 / 26635 / 262--
Quartile4th2nd4th1st
Calendar performance
 YTD - 20172016201520142013
Fund0.5%20.9%---
Sector1.3%9.4%0.2%10.5%1%
Rank within sector253 / 2661 / 262---
Quartile4th1st
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%.
-
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.
-
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.
-
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 high134.42
52 week low107.1
Current bid price-
Current offer price-
Current mid price121.15
Region
1UK45.09%
2USA17.7%
3Germany8.25%
4France6.37%
5Europe4.93%
6Switzerland4.93%
7Australasia3.78%
8Continental Europe2.31%
9Canada1.31%
Industry sector
1Financials40.57%
2Investment Grade Bonds36.9%
3Government Bonds29.27%
4Banks23.87%
5Insurance10.61%
6Utilities9.77%
7Communications8.15%
8Money Market5.12%
9Non-Cyclical Consumer Goods4.69%
Asset type
1UK Fixed Interest44.14%
2US Fixed Interest17.08%
3German Fixed Interest6.81%
4French Fixed Interest6.53%
5European Fixed Interest6.47%
6Swiss Fixed Interest5%
7Asia Pacific Fixed Interest3.26%
8Money Market2.97%
9Foreign Exchange1.89%
Individual holdings
No data available.
Management
Fund manager group
MetLife
Fund manager company
MetLife
Fund type
Pension Fund
Fund objective
This fund aims to provide income and capital growth over the long term by investing in the Fidelity UK Corporate Bond Fund. The fund invests mainly in non-governemnt bonds and also has the freedom to invest outside the fund’s principal geographies, market sectors, industries or asset classes. Cash or Cash Equivalent assests may also be held by the Feeder Fund to ensure it maintains a target maturity of twenty years.
Benchmark
No data available.
Investment style
Target Maturity
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Ian Fishwick16/09/2015Ian Fishwick is responsible for managing Fidelity’s sterling bond strategies including separate accounts for institutional investors. Ian has 29 years of investment experience and has worked for Fidelity for the past 9 years. He has been a portfolio manager for over 25 years. Ian has held a range of senior positions within the asset management industry including: Head of UK Fixed Income at Credit Suisse Asset Management, Chief Investment Officer for Sun Life of Canada’s UK asset management business, Head of Fixed Income for Sun Life of Canada, and Portfolio Manager for Confederation Life. He has a Masters Degree in Natural Sciences from Cambridge University and is a Fellow of the Institute of Actuaries.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
MetLife Fidelity Corporate Bond 20yr Pn
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price121.147
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMT7S
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.