Fact sheet: Fidelity Euro Cash

Fund information

Fund name
Fidelity Euro Cash A EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Timothy Foster
since 17/11/2008
Fund objective
Aims to provide a return in line with money market rates, with capital security and liquidity being the primary considerations. At least 70% invested in Euro denominated interest bearing debt with less than 12 months to maturity. The types of debt securities may include instruments of US and other banks, commercial papers, obligations issued or guaranteed by governments, governmental agencies, or instrumentalities, variable rate notes, variable rate certificates of deposit, certain investment grade collateralised mortgage obligations and other asset-backed securities, and issues of governments and supranational agencies, such as Treasury Bills, notes and bonds. Has the freedom to invest in other permitted assets such as money market instruments and cash provided the average residual maturity of the portfolio is not more than 12 months. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is accumulated in the share price.Shares can usually be bought and sold each business day of the fund.
Benchmark
No Specified Index
Investment style
None
Investment method
Short Dated Bonds

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

-0.55 %

1 Year rank in sector

43/52

Sector

FO Currency - Euro

Yield

-0.57

Fund size

£ 473.0 m

FE Risk score

80

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • France
    33.64%
  • Japan
    14.51%
  • USA
    13.23%
  • Sweden
    9.9%
  • Belgium
    9.4%
  • Money Market
    100%
  • Money Market
    100%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-0.05 %-0.28 %-0.55 %-0.87 %-0.85 %
Sector-0.09 %-0.52 %-1.05 %-1.47 %-1.37 %
Rank within sector45 / 5343 / 5343 / 5232 / 4828 / 43
Quartile th4 th4 th4 th3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund-0.53 %-0.31 %-0.03 %0.01 %0.01 %
Sector-1.02 %-0.4 %-0.07 %0.15 %0.02 %
Rank within sector42 / 5230 / 5016 / 4629 / 4619 / 43
Quartile th4 th3 rd2 nd3 rd2 nd

Risk statistics

Alpha-0.14
Beta0.3
Sharpe-
Volatility0.07
Tracking error0.13
Information ratio1.59
R-Squared0.56

Price movement

52 week high9.2357
52 week low9.1851
Current bid price0
Current offer price0
Current mid price9.1849

Holdings by region

  • 33.64% France
  • 14.51% Japan
  • 13.23% USA
  • 9.9% Sweden
  • 9.4% Belgium
  • 6.01% Netherlands
  • 5.77% Germany
  • 5.36% UK
  • 1.17% Switzerland
  • 0.99% Not Specified

Holdings by sector

  • 100% Money Market

Holdings by asset type

  • 100% Money Market

Individual holdings

  • 12.43% BNP PARIBAS 03/11/2017
  • 6.43% BRED BANQUE POPULAIRE 08/12/2017
  • 5.77% DZ BANK AG DEUT ZENT GENOSBANK 03/11/2017
  • 4.95% MITSUBISHI CORP FINANCE PLC 06/11/2017
  • 4.62% MIZUHO CORPOR BK LIMITED (LON) 08/11/2017
  • 3.96% GENERAL ELECTRIC CO 28/12/2017
  • 3.71% BARCLAYS BANK PLC 13/03/2018
  • 3.3% DEXIA CREDIT LOCAL (GOV GTD) 19/01/2018
  • 3.3% RTE EDF TRANSPORT S.A 20/11/2017
  • 3.3% SVENSKA HANDELSBANKEN AB 16/01/2018