Fact sheet: Fidelity Flexible Bond

Fund information

Fund name
Fidelity Flexible Bond Y GBP
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Claudio Ferrarese
since 01/04/2017
Ian Spreadbury
since 01/06/1995
Timothy Foster
since 16/02/2016
Fund objective
Aims to provide income and capital growth. At least 70% invested in a broad range of fixed income instruments of issuers globally either denominated in Sterling or other currencies. Exposure to non-Sterling denominated debt securities will be largely hedged back to Sterling. Has the freedom to invest in any geographies, market sectors, industries. Up to 50% may be invested in high-yielding, lower quality bonds which will not be required to meet minimum rating standards. May invest in units of other investment funds. 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
No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

3.55 %

1 Year rank in sector

10/14

Sector

FO Fixed Int - GBP

Yield

2.96

Fund size

£ 303.6 m

FE Risk score

28

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    34.83%
  • USA
    26.78%
  • International
    6.77%
  • Europe
    5.47%
  • Australasia
    4.78%
  • Government Bonds
    35.09%
  • Utilities
    10.28%
  • Communications
    9.84%
  • Asset/Mortgage-Backed Securities
    6.85%
  • Property
    5.57%
  • UK Fixed Interest
    34.83%
  • US Fixed Interest
    26.78%
  • Global Fixed Interest
    10.42%
  • European Fixed Interest
    5.47%
  • Asia Pacific Fixed Interest
    4.78%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-0.19 %1.14 %3.55 %11.07 %26.8 %
Sector0.09 %1.75 %3.62 %10.21 %24.12 %
Rank within sector10 / 1411 / 1410 / 145 / 9 /
Quartile th3 rd4 th3 rd3 rd th

Calendar performance

YTD-20182017201620152014
Fund-0.09 %4.14 %10.14 %-0.53 %13.26 %
Sector0.11 %3.23 %8.66 %0.29 %10.4 %
Rank within sector9 / 138 / 141 / 118 / 93 / 9
Quartile th3 rd3 rd1 st4 th2 nd

Risk statistics

Alpha0.76
Beta0.94
Sharpe0.19
Volatility5.32
Tracking error2.87
Information ratio0.16
R-Squared0.71

Price movement

52 week high1.079
52 week low1.053
Current bid price0
Current offer price0
Current mid price1.068

Holdings by region

  • 34.83% UK
  • 26.78% USA
  • 6.77% International
  • 5.47% Europe
  • 4.78% Australasia
  • 4.72% France
  • 3.79% Latin America
  • 3.63% Germany
  • 2.04% Others
  • 1.84% Asia Pacific ex Japan

Holdings by sector

  • 35.09% Government Bonds
  • 10.28% Utilities
  • 9.84% Communications
  • 6.85% Asset/Mortgage-Backed Securities
  • 5.57% Property
  • 5.5% Non-Cyclical Consumer Goods
  • 3.7% Banks
  • 3.07% Transport
  • 2.97% Money Market
  • 2.95% Capital Goods

Holdings by asset type

  • 34.83% UK Fixed Interest
  • 26.78% US Fixed Interest
  • 10.42% Global Fixed Interest
  • 5.47% European Fixed Interest
  • 4.78% Asia Pacific Fixed Interest
  • 4.72% French Fixed Interest
  • 3.79% American Emerging Fixed Interest
  • 3.63% German Fixed Interest
  • 1.84% Asia Pacific ex Japan Fixed Interest
  • 1.13% Middle East & African Fixed Interest

Individual holdings

-