Fact sheet: Fidelity Gbl Hi Yld

Fund information

Fund name
Fidelity Global High Yield E Acc EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Peter Khan
since 05/03/2012
Fund objective
Aims to provide high current income and capital growth. At least 70% invested in high-yielding, sub investment grade bonds of issuers globally. The fund may invest its net assets directly in onshore China bonds listed or traded on any eligible market in China. 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. Investments are concentrated in a more limited number of bonds and therefore the resulting portfolio will be less diversified. Can invest in bonds issued by governments, companies and other bodies. The types of bonds in which the fund will mainly invest will be subject to high risk and will not be required to meet a minimum rating standard. 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
BofA Merrill Lynch Global High Yield Constrained Index USD Hedged
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

3.57 %

1 Year rank in sector

70/74

Sector

FO Fixed Int - Global High Yield

Yield

3.58

Fund size

£ 389.1 m

FE Risk score

86

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    57.54%
  • Asia Pacific ex Japan
    8.21%
  • Latin America
    7.47%
  • Europe
    7.24%
  • UK
    4.73%
  • Communications
    14.9%
  • Cyclical Consumer Goods
    12.22%
  • Energy
    12.06%
  • Non-Cyclical Consumer Goods
    11.35%
  • Money Market
    10.65%
  • US Fixed Interest
    57.54%
  • Asia Pacific ex Japan Fixed Interest
    8.21%
  • American Emerging Fixed Interest
    7.47%
  • European Fixed Interest
    7.24%
  • Global Fixed Interest
    5.24%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-3.75 %-5.06 %2.52 %28.51 %36.92 %
Sector0.3 %3.21 %7.56 %9.95 %28.56 %
Rank within sector88 / 8883 / 8370 / 743 / 566 / 45
Quartile th4 th4 th4 th1 st1 st

Calendar performance

YTD-20172016201520142013
Fund-5.18 %17.13 %8.2 %14.25 %0.85 %
Sector4 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector80 / 805 / 671 / 622 / 5444 / 47
Quartile th4 th1 st1 st1 st4 th

Risk statistics

Alpha7.67
Beta0.67
Sharpe0.73
Volatility8.15
Tracking error7.65
Information ratio0.84
R-Squared0.15

Price movement

52 week high15.93
52 week low14.01
Current bid price0
Current offer price0
Current mid price14.65

Holdings by region

  • 57.54% USA
  • 8.21% Asia Pacific ex Japan
  • 7.47% Latin America
  • 7.24% Europe
  • 4.73% UK
  • 4.26% International
  • 3.55% Canada
  • 2.45% France
  • 2.16% Germany
  • 1.66% Others

Holdings by sector

  • 14.9% Communications
  • 12.22% Cyclical Consumer Goods
  • 12.06% Energy
  • 11.35% Non-Cyclical Consumer Goods
  • 10.65% Money Market
  • 8.14% Capital Goods
  • 8.01% Basic Industries
  • 5.84% Utilities
  • 4.01% Banks
  • 3.4% Other Financial

Holdings by asset type

  • 57.54% US Fixed Interest
  • 8.21% Asia Pacific ex Japan Fixed Interest
  • 7.47% American Emerging Fixed Interest
  • 7.24% European Fixed Interest
  • 5.24% Global Fixed Interest
  • 4.73% UK Fixed Interest
  • 3.55% Canadian Fixed Interest
  • 2.45% French Fixed Interest
  • 2.16% German Fixed Interest
  • 1.31% Japanese Fixed Interest

Individual holdings

-