Fact sheet: Fidelity Gbl Hi Grd Inc

Fund information

Fund name
Fidelity Global High Grade Income E MDis EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Rick Patel
since 25/11/2008
Fund objective
Aims to provide attractive current income. At least 70% invested in a worldwide diversified portfolio of high quality and short-dated bonds that are issued and denominated in approximately 10 chosen markets/currencies. High quality bonds are considered to be bonds issued by governments, quasi-government and supranational entities with investment grade credit ratings (as measured by Standard & Poor’s or any equivalent grade of other credit rating agencies). 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
No Specified Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

-4.69 %

1 Year rank in sector

289/308

Sector

FO Fixed Int - Global

Yield

1.78

Fund size

£ 159.6 m

FE Risk score

74

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Australasia
    19.73%
  • USA
    10.45%
  • Others
    10.11%
  • Canada
    10.1%
  • Scandinavia
    10.02%
  • Government Bonds
    98.92%
  • Money Market
    0.97%
  • Others
    0.11%
  • Asia Pacific Fixed Interest
    19.73%
  • US Fixed Interest
    10.45%
  • Global Fixed Interest
    10.11%
  • Canadian Fixed Interest
    10.1%
  • Scandinavian Fixed Interest
    10.02%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-0.95 %-6.14 %-4.69 %-4.38 %-8.64 %
Sector0.11 %1.66 %1.73 %6.22 %9.18 %
Rank within sector324 / 345323 / 331289 / 308241 / 252180 / 188
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-4.74 %1.18 %-1.03 %4.42 %-8.43 %
Sector3.47 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector309 / 317228 / 285133 / 256103 / 220188 / 196
Quartile th4 th4 th3 rd2 nd4 th

Risk statistics

Alpha-2.77
Beta0.75
Sharpe-0
Volatility5.55
Tracking error5.23
Information ratio-0.65
R-Squared0.13

Price movement

52 week high8.242
52 week low7.394
Current bid price0
Current offer price0
Current mid price7.393

Holdings by region

  • 19.73% Australasia
  • 10.45% USA
  • 10.11% Others
  • 10.1% Canada
  • 10.02% Scandinavia
  • 10% France
  • 9.99% UK
  • 9.91% Latin America
  • 9.69% Asia Pacific ex Japan

Holdings by sector

  • 98.92% Government Bonds
  • 0.97% Money Market
  • 0.11% Others

Holdings by asset type

  • 19.73% Asia Pacific Fixed Interest
  • 10.45% US Fixed Interest
  • 10.11% Global Fixed Interest
  • 10.1% Canadian Fixed Interest
  • 10.02% Scandinavian Fixed Interest
  • 10% French Fixed Interest
  • 9.99% UK Fixed Interest
  • 9.91% American Emerging Fixed Interest
  • 9.69% Asia Pacific ex Japan Fixed Interest

Individual holdings

-