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
Marc Wait
since 01/06/2002
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

Quick stats

1 Year return

-0.53 %

1 Year rank in sector

43/55

Sector

FO Currency - Euro

Yield

-0.57

Fund size

£ 502.0 m

FE Risk score

78

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • France
    32.83%
  • Japan
    17.32%
  • Sweden
    10.24%
  • Belgium
    9.07%
  • Germany
    8.05%
  • Money Market
    100%
  • Money Market
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.05 %-0.28 %-0.53 %-0.73 %-0.71 %
Sector-0.09 %-0.55 %-0.99 %-1.21 %-1.11 %
Rank within sector42 / 5543 / 5443 / 5529 / 4928 / 45
Quartile th4 th4 th4 th3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund-0.4 %-0.31 %-0.03 %0.01 %0.01 %
Sector-0.77 %-0.4 %-0.07 %0.15 %0.02 %
Rank within sector44 / 5531 / 5315 / 4728 / 4819 / 45
Quartile th4 th3 rd2 nd3 rd2 nd

Risk statistics

Alpha-0.12
Beta0.3
Sharpe-
Volatility0.07
Tracking error0.13
Information ratio1.22
R-Squared0.57

Price movement

52 week high9.246
52 week low9.1973
Current bid price0
Current offer price0
Current mid price9.1973

Holdings by region

  • 32.83% France
  • 17.32% Japan
  • 10.24% Sweden
  • 9.07% Belgium
  • 8.05% Germany
  • 5.41% UK
  • 5.26% USA
  • 4.95% Switzerland
  • 4.12% Not Specified
  • 1.65% Austria

Holdings by sector

  • 100% Money Market

Holdings by asset type

  • 100% Money Market

Individual holdings

  • 8.05% DZ BANK AG DEUT ZENT GENOSBANK 03/08/2017
  • 6.93% BRED BANQUE POPULAIRE 07/09/2017
  • 6.6% BNP PARIBAS 03/08/2017
  • 4.95% AGENCE CENTRALE DES ORGANISMES 04/09/2017
  • 4.95% CREDIT SUISSE AG LDN BRANCH 03/08/2017
  • 4.95% MITSUBISHI CORP FINANCE PLC 14/08/2017
  • 4.95% MIZUHO CORPOR BK LIMITED (LON) 08/08/2017
  • 3.71% BARCLAYS BANK PLC 07/09/2017
  • 3.46% CREDIT AGRICOLE CIB LONDON 08/08/2017
  • 3.3% SVENSKA HANDELSBANKEN AB 16/01/2018