Fact sheet: MetLife Fid Corp Bd 5yr Pn

Fund information
Fund name
MetLife Fidelity Corporate Bond 5yr Pn
Fund manager company
MetLife
Fund type
Pension Fund
Fund manager
  • Ian Fishwicksince 15/09/2015
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 five years.
Benchmark
No data available.
Investment style
Target Maturity
Investment method
Fixed Interest
Quick stats
1 Year return
5.5%
1 Year rank in sector
202/260
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£270m (£49m last year)
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn14.3%
FL TEActv Bln Bd IE12.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn12.1%
L&G PMC AAAAAA CpBd Ov15Y Id Pn12%
AEGON Long Core Plus Pn11.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK43.7%
    USA20.3%
    France6.3%
    Switzerland5.8%
    Germany5.8%
  • Banks19.7%
    Government Bonds18.1%
    Utilities11.6%
    Insurance9.6%
    Communications7%
  • UK Fixed Interest43.7%
    US Fixed Interest20.3%
    French Fixed Interest6.3%
    European Fixed Interest6%
    Swiss Fixed Interest5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-2%3%5.5%--
Sector-1.3%-4.7%2.5%6.8%19%38.6%
Rank within sector10 / 26515 / 26557 / 265202 / 260--
Quartile1st1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund6.5%----
Sector7.7%0.2%10.5%1%13.5%
Rank within sector197 / 260----
Quartile4th
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 high109.51
52 week low98.35
Current bid price-
Current offer price-
Current mid price106.71
Region
1UK43.65%
2USA20.31%
3France6.34%
4Switzerland5.79%
5Germany5.77%
6Europe4.58%
7Money Market2.72%
8Australasia2.28%
9Scandinavia1.54%
Industry sector
1Banks19.66%
2Government Bonds18.13%
3Utilities11.61%
4Insurance9.62%
5Communications6.98%
6Non-Cyclical Consumer Goods6.67%
7Basic Industries4.69%
8Cyclical Consumer Goods4.29%
9Other Financial4.13%
Asset type
1UK Fixed Interest43.65%
2US Fixed Interest20.31%
3French Fixed Interest6.34%
4European Fixed Interest5.98%
5Swiss Fixed Interest5.79%
6German Fixed Interest5.77%
7Money Market2.72%
8Asia Pacific Fixed Interest2.28%
9Scandinavian Fixed Interest1.54%
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 five years.
Benchmark
No data available.
Investment style
Target Maturity
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Ian Fishwick15/09/2015Ian 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 5yr 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 price106.707
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMT7J
Data provided by

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