Fact sheet: Fidelity Euro Short Tm Bd

Fund information

Fund name
Fidelity Euro Short Term Bond A Acc EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Jeremy Church
since 01/04/2014
Fund objective
Aims to provide relatively high income with the possibility of capital growth. At least 70% invested in Euro-denominated debt securities focusing on investment grade European fixed-rate bonds with less than five years to maturity. The average duration of the fund’s investments will not exceed three years. Has the freedom to invest up to 30% of its assets in non Euro denominated debt securities. 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
The BofA ML 1-3 Year Euro Broad Market Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

0.17 %

1 Year rank in sector

9/34

Sector

FO Fixed Int - EUR Short/ Medium Maturity

Yield

0.56

Fund size

£ 1.3 b

FE Risk score

75

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    48.81%
  • International
    22.24%
  • Europe
    10.3%
  • UK
    6.3%
  • USA
    6.06%
  • Government Bills
    51.98%
  • Banks
    21.89%
  • Money Market
    19.87%
  • Energy
    3.56%
  • Utilities
    2%
  • German Fixed Interest
    48.81%
  • Global Fixed Interest
    22.18%
  • European Fixed Interest
    10.3%
  • UK Fixed Interest
    6.3%
  • US Fixed Interest
    6.06%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.14 %0.68 %0.21 %3.4 %8.62 %
Sector-0.06 %0.23 %-0.26 %2.36 %7.95 %
Rank within sector8 / 355 / 349 / 347 / 339 / 25
Quartile th1 st1 st2 nd1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund0.33 %1.48 %0.55 %3.11 %0.74 %
Sector-0.08 %1.15 %0.21 %3.37 %0.95 %
Rank within sector9 / 347 / 347 / 336 / 2720 / 25
Quartile th2 nd1 st1 st1 st4 th

Risk statistics

Alpha-0.01
Beta1.41
Sharpe-0
Volatility1.58
Tracking error0.75
Information ratio0.43
R-Squared0.85

Price movement

52 week high25.9079
52 week low25.549
Current bid price0
Current offer price0
Current mid price25.8192

Holdings by region

  • 48.81% Germany
  • 22.24% International
  • 10.3% Europe
  • 6.3% UK
  • 6.06% USA
  • 3.56% Canada
  • 2.79% France
  • 0.01% Others
  • -0.07% Not Specified

Holdings by sector

  • 51.98% Government Bills
  • 21.89% Banks
  • 19.87% Money Market
  • 3.56% Energy
  • 2% Utilities
  • 0.78% Communications
  • -0.01% Others
  • -0.07% Foreign Exchange

Holdings by asset type

  • 48.81% German Fixed Interest
  • 22.18% Global Fixed Interest
  • 10.3% European Fixed Interest
  • 6.3% UK Fixed Interest
  • 6.06% US Fixed Interest
  • 3.56% Canadian Fixed Interest
  • 2.79% French Fixed Interest

Individual holdings

-