Fact sheet: Fidelity Euro Bond

Fund information

Fund name
Fidelity Euro Bond A EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Rick Patel
since 06/07/2015
Fund objective
Aims to provide relatively high income with the possibility of capital growth. At least 70% invested in bonds denominated in Euro. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. investments may be made in bonds issued in currencies other than the fund’s reference currency. Exposure to currencies may be hedged, for example with currency forward contracts. The reference currency is the currency used for reporting and may be different from the dealing currency. Can invest in bonds issued by governments, companies and other bodies. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. 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
BofA ML Euro Large Cap
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

-1.4 %

1 Year rank in sector

22/38

Sector

FO Fixed Int - EUR Investment Grade

Yield

0.31

Fund size

£ 1.4 b

FE Risk score

81

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    40.82%
  • International
    25.29%
  • France
    11.44%
  • USA
    10.23%
  • UK
    7.26%
  • Government Bills
    67.34%
  • Money Market
    14.72%
  • Banks
    7.71%
  • Government Bonds
    2.77%
  • Communications
    2.67%
  • German Fixed Interest
    40.82%
  • Global Fixed Interest
    25.38%
  • French Fixed Interest
    11.44%
  • US Fixed Interest
    10.23%
  • UK Fixed Interest
    7.26%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.51 %1.56 %-1.32 %8.21 %25.98 %
Sector-0.39 %1.36 %-0.39 %7.26 %24.19 %
Rank within sector21 / 429 / 4022 / 3810 / 365 / 30
Quartile th2 nd1 st3 rd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund0.22 %3.64 %0.12 %12.3 %2.12 %
Sector0.66 %3.82 %-0.24 %8.87 %3.43 %
Rank within sector17 / 4015 / 3813 / 361 / 3513 / 31
Quartile th2 nd2 nd2 nd1 st2 nd

Risk statistics

Alpha-0.11
Beta1.21
Sharpe-0
Volatility4.37
Tracking error1.6
Information ratio0.22
R-Squared0.89

Price movement

52 week high14.1
52 week low13.28
Current bid price0
Current offer price0
Current mid price13.63

Holdings by region

  • 40.82% Germany
  • 25.29% International
  • 11.44% France
  • 10.23% USA
  • 7.26% UK
  • 3.73% Europe
  • 1.14% Switzerland
  • 0.09% Not Specified

Holdings by sector

  • 67.34% Government Bills
  • 14.72% Money Market
  • 7.71% Banks
  • 2.77% Government Bonds
  • 2.67% Communications
  • 1.82% Non-Cyclical Consumer Goods
  • 1.29% Basic Industries
  • 1.14% Capital Goods
  • 0.44% Property
  • 0.09% Foreign Exchange

Holdings by asset type

  • 40.82% German Fixed Interest
  • 25.38% Global Fixed Interest
  • 11.44% French Fixed Interest
  • 10.23% US Fixed Interest
  • 7.26% UK Fixed Interest
  • 3.73% European Fixed Interest
  • 1.14% Swiss Fixed Interest

Individual holdings

-