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(s)
David Simner
since 19/03/2009
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 reinvested in additional shares or paid to shareholders on request. 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

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

-0.94 %

1 Year rank in sector

18/36

Sector

FO Fixed Int - EUR Investment Grade

Yield

0.01

Fund size

£ 1.4 b

FE Risk score

86

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    41.44%
  • International
    24.67%
  • France
    14.32%
  • USA
    8.08%
  • UK
    7.35%
  • Government Bills
    65.59%
  • Money Market
    16.08%
  • Banks
    4.8%
  • Communications
    3.45%
  • Non-Cyclical Consumer Goods
    2.52%
  • German Fixed Interest
    41.44%
  • Global Fixed Interest
    24.4%
  • French Fixed Interest
    14.32%
  • US Fixed Interest
    8.08%
  • UK Fixed Interest
    7.35%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.22 %1.18 %-0.94 %6.5 %22.49 %
Sector0.1 %1.11 %0.01 %6.42 %21.1 %
Rank within sector15 / 387 / 3718 / 3612 / 3210 / 27
Quartile th2 nd1 st2 nd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund0.66 %3.64 %0.12 %12.3 %2.12 %
Sector1.17 %3.82 %-0.24 %8.87 %3.43 %
Rank within sector15 / 3613 / 3416 / 322 / 3112 / 27
Quartile th2 nd2 nd2 nd1 st2 nd

Risk statistics

Alpha-0.28
Beta1.22
Sharpe-0
Volatility4.29
Tracking error1.58
Information ratio0.08
R-Squared0.89

Price movement

52 week high13.87
52 week low13.28
Current bid price0
Current offer price0
Current mid price13.5

Holdings by region

  • 41.44% Germany
  • 24.67% International
  • 14.32% France
  • 8.08% USA
  • 7.35% UK
  • 2.89% Europe
  • 0.97% Switzerland
  • 0.55% Canada
  • -0.02% Others
  • -0.25% Not Specified

Holdings by sector

  • 65.59% Government Bills
  • 16.08% Money Market
  • 4.8% Banks
  • 3.45% Communications
  • 2.52% Non-Cyclical Consumer Goods
  • 1.68% Energy
  • 1.68% Government Bonds
  • 1.33% Basic Industries
  • 1.15% Utilities
  • 0.97% Capital Goods

Holdings by asset type

  • 41.44% German Fixed Interest
  • 24.4% Global Fixed Interest
  • 14.32% French Fixed Interest
  • 8.08% US Fixed Interest
  • 7.35% UK Fixed Interest
  • 2.89% European Fixed Interest
  • 0.97% Swiss Fixed Interest
  • 0.55% Canadian Fixed Interest

Individual holdings

-