Fact sheet: Fidelity Inst Long Bond

Fund information

Fund name
Fidelity Institutional Long Bond
Fund company manager
Fidelity International (FIL In
Fund type
OEIC
Fund manager(s)
Timothy Foster
since 06/07/2015
Ian Fishwick
since 17/11/2008
Fund objective
Aims to provide income and capital growth. At least half of the portfolio will obtain exposure to UK and overseas government bonds and other fixed interest securities with a remaining maturity of at least 15 years. May also invest in relation to other UK and overseas government bonds and fixed interest securities. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in relation to bonds issued in currencies other than the fund’s denominated currency. Exposure to currencies may be hedged, for example with currency forward contracts. Can invest in relation to bonds issued by governments, companies and other bodies. The fund may make use of derivatives which are consistent with achieving the fund’s objective. This may result in “leverage” by which we mean a level of exposure which could expose the fund to the potential of greater gains or losses than would otherwise be the case. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. 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
FTSE A UK Gilts Over 15 Years Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

0.48 %

1 Year rank in sector

30/64

Sector

UT Global Bonds

Yield

2.11

Fund size

£ 200.2 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    90.89%
  • Australasia
    2.97%
  • Middle East/ Africa
    1.96%
  • USA
    1.04%
  • Germany
    0.77%
  • AA
    87.28%
  • A
    5.63%
  • AAA
    2.84%
  • BBB
    2.34%
  • Non-Rated
    0.97%
  • UK Gilts
    81.68%
  • UK Fixed Interest
    17.34%
  • Alternative Investment Strategies
    0.55%
  • Money Market
    0.43%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-1.83 %-3.28 %0.48 %17.73 %45.05 %
Sector-0.81 %-2.66 %0.65 %12.01 %10.99 %
Rank within sector65 / 6946 / 6730 / 6415 / 531 / 49
Quartile th4 th3 rd2 nd2 nd1 st

Calendar performance

YTD-20182017201620152014
Fund-3.71 %3.75 %18.04 %-0.52 %25.76 %
Sector-1.4 %2.25 %12.58 %-1.32 %3.81 %
Rank within sector65 / 6918 / 6422 / 5931 / 531 / 50
Quartile th4 th2 nd2 nd3 rd1 st

Risk statistics

Alpha-0.08
Beta0.6
Sharpe-0
Volatility12.86
Tracking error12.56
Information ratio-0.27
R-Squared0.07

Price movement

52 week high59.29
52 week low54.27
Current bid price0
Current offer price0
Current mid price55.67

Holdings by region

  • 90.89% UK
  • 2.97% Australasia
  • 1.96% Middle East/ Africa
  • 1.04% USA
  • 0.77% Germany
  • 0.68% Switzerland
  • 0.67% France
  • 0.55% Not Specified
  • 0.47% Asia Pacific ex Japan

Holdings by sector

  • 87.28% AA
  • 5.63% A
  • 2.84% AAA
  • 2.34% BBB
  • 0.97% Non-Rated
  • 0.56% Others
  • 0.38% Money Market

Holdings by asset type

  • 81.68% UK Gilts
  • 17.34% UK Fixed Interest
  • 0.55% Alternative Investment Strategies
  • 0.43% Money Market

Individual holdings

  • 81.68% HM TREASURY UNITED KINGDOM DMO 4.25% GILT 07/03/36 GBP0.01
  • 1.52% LLOYDS BANKING GROUP PLC
  • 1.29% (WSTP) WESTPAC BANKING CORP
  • 1.07% AUSTRALIA & NEW ZEALAND BKG GRP
  • 0.92% (KUWIB) KUWAIT INTL BOND
  • 0.92% (LLYDIN) SOCIETY OF LLOYD'S
  • 0.82% HSBC HOLDINGS PLC
  • 0.78% (NDPFT) NEWDAY PARTNERSHIP FUNDING PLC
  • 0.77% (DB) DEUTSCHE BANK AG
  • 0.68% (SRENVX) ELM BV (SWISS REIN CO)