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
Timothy Foster
since 16/02/2016
Ian Spreadbury
since 01/06/1995
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

1.71 %

1 Year rank in sector

9/15

Sector

FO Fixed Int - GBP

Yield

3.13

Fund size

£ 295.0 m

FE Risk score

29

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    34.09%
  • UK
    31.4%
  • International
    6.1%
  • Australasia
    4.96%
  • Latin America
    4.01%
  • Government Bonds
    43.34%
  • Utilities
    9.56%
  • Communications
    9.29%
  • Asset/Mortgage-Backed Securities
    7.13%
  • Property
    5.15%
  • US Fixed Interest
    34.09%
  • UK Fixed Interest
    31.4%
  • Global Fixed Interest
    8.45%
  • Asia Pacific Fixed Interest
    4.96%
  • American Emerging Fixed Interest
    4.01%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.19 %1.8 %1.71 %17.43 %25.11 %
Sector0.44 %0.86 %1.81 %14.92 %24.35 %
Rank within sector12 / 147 / 159 / 153 / 12 /
Quartile th4 th2 nd3 rd1 st th

Calendar performance

YTD-20172016201520142013
Fund3.63 %10.14 %-1.25 %13.26 %0 %
Sector2.51 %8.66 %0.29 %10.4 %-0.4 %
Rank within sector7 / 152 / 1311 / 124 / 12 /
Quartile th2 nd1 st4 th2 nd th

Risk statistics

Alpha1.14
Beta0.95
Sharpe0.42
Volatility5.52
Tracking error2.96
Information ratio0.29
R-Squared0.71

Price movement

52 week high1.087
52 week low1.051
Current bid price0
Current offer price0
Current mid price1.072

Holdings by region

  • 34.09% USA
  • 31.4% UK
  • 6.1% International
  • 4.96% Australasia
  • 4.01% Latin America
  • 3.54% France
  • 3.28% Europe
  • 3.11% Germany
  • 3.07% Asia Pacific ex Japan
  • 1.85% Not Specified

Holdings by sector

  • 43.34% Government Bonds
  • 9.56% Utilities
  • 9.29% Communications
  • 7.13% Asset/Mortgage-Backed Securities
  • 5.15% Property
  • 4.55% Non-Cyclical Consumer Goods
  • 3.7% Banks
  • 3.34% Transport
  • 2.72% Insurance
  • 2.33% Capital Goods

Holdings by asset type

  • 34.09% US Fixed Interest
  • 31.4% UK Fixed Interest
  • 8.45% Global Fixed Interest
  • 4.96% Asia Pacific Fixed Interest
  • 4.01% American Emerging Fixed Interest
  • 3.54% French Fixed Interest
  • 3.28% European Fixed Interest
  • 3.11% German Fixed Interest
  • 3.07% Asia Pacific ex Japan Fixed Interest
  • 1.5% Canadian Fixed Interest

Individual holdings

-