Fact sheet: SLFC Fidelity Mny Bldr Inc Pn

Fund information
Fund name
SLFC Fidelity Money Builder Income Pn
Fund manager company
Sun Life Financial of Canada
Fund type
Pension Fund
Fund managers
  • Sajiv Vaidsince 03/08/2015
  • Ian Spreadburysince 03/10/1995
Underlying fund
Fidelity Moneybld Income
Fund objective
Aims to provide an attractive level of income. Obtains exposure primarily to sterling denominated (or hedged back to sterling) bonds. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in relation to bonds issued in currencies other than the fund’s denominated currency. Exposure to currencies may be hedged, for example with currency forward contracts. Can invest in relation to bonds issued by governments, companies and other bodies. The fund may make use of derivatives which are consistent with achieving the fund’s objective. This may result in “leverage” by which we mean a level of exposure which could expose the fund to the potential of greater gains or losses than would otherwise be the case. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8%
1 Year rank in sector
175/259
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£1m (£1m 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.
33
Bid price
180.601
Offer price
180.601
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP16.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn14.8%
AEGON Long Core Plus Pn14.2%
AEGON UK Long Corporate Bond Pn14.1%
FL TEActv Bln Bd IE14%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK70.6%
    USA8%
    France5%
    Germany2.9%
    Europe2.5%
  • BBB44.1%
    A21.6%
    AA17.4%
    AAA8.7%
    BB4.6%
  • UK Fixed Interest70.6%
    US Fixed Interest8%
    French Fixed Interest5%
    European Fixed Interest4.8%
    German Fixed Interest2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%2.3%4.6%8%20.1%35.8%
Sector0.7%2.4%4.9%8.9%19.8%38.1%
Rank within sector210 / 263150 / 262173 / 260175 / 259106 / 230150 / 214
Quartile4th3rd3rd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3%8.8%-0.3%12.1%0%
Sector3%9.4%0.2%10.5%1%
Rank within sector144 / 260157 / 256176 / 24232 / 230176 / 221
Quartile3rd3rd3rd1st4th
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.
-0.06
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.
1.02
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.
0.5
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%.
5.61
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.
0.86
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.
0.08
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 high183.34
52 week low167.03
Current bid price180.6
Current offer price180.6
Current mid price-
Region
1UK70.64%
2USA7.98%
3France5.03%
4Germany2.86%
5Europe2.53%
6Australasia2.35%
7Continental Europe2.31%
8International1.88%
9Switzerland1.47%
Industry sector
1BBB44.13%
2A21.62%
3AA17.39%
4AAA8.7%
5BB4.58%
6Non-Rated1.99%
7Money Market0.76%
8B0.63%
9Others0.2%
Asset type
1UK Fixed Interest70.64%
2US Fixed Interest7.98%
3French Fixed Interest5.03%
4European Fixed Interest4.84%
5German Fixed Interest2.86%
6Asia Pacific Fixed Interest2.35%
7Global Fixed Interest1.86%
8Swiss Fixed Interest1.47%
9Canadian Fixed Interest1.36%
Individual holdings
1(UKT) UNITED KINGDOM OF GREAT BRITAIN9.4%
2(EDF) ELECTRICITE DE FRANCE2.43%
3(SANUK) ABBEY NATL TREASURY SERV2.04%
4(BACR) BARCLAYS PLC1.79%
5(TRANLN) TRANSPORT FOR LONDON1.73%
6(AABOND) AA BOND CO LTD1.69%
7(LLOYDS) BANK OF SCOTLAND PLC1.66%
8(EIB) EUROPEAN INVESTMENT BANK1.6%
9(UKRAIL) NETW0RK RAIL INFRA FIN1.6%
Management
Fund manager group
Sun Life Financial of Canada
Fund manager company
Sun Life Financial of Canada
Fund type
Pension Fund
Fund objective
Aims to provide an attractive level of income. Obtains exposure primarily to sterling denominated (or hedged back to sterling) bonds. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in relation to bonds issued in currencies other than the fund’s denominated currency. Exposure to currencies may be hedged, for example with currency forward contracts. Can invest in relation to bonds issued by governments, companies and other bodies. The fund may make use of derivatives which are consistent with achieving the fund’s objective. This may result in “leverage” by which we mean a level of exposure which could expose the fund to the potential of greater gains or losses than would otherwise be the case. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Sajiv Vaid03/08/2015Sajiv 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 International Studies from University of Leeds.
Ian Spreadbury03/10/1995Ian 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SLFC Fidelity Money Builder Income Pn
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.99%
Bid price180.601
Offer price180.601
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeADV7
Data provided by

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