Fact sheet: Fidelity Inst Long Bond

Fund information

Fund name
Fidelity Institutional Long Bond
Fund company manager
Fidelity International (FIL In
Fund type
OIC
Fund manager
Alex Veys
since 03/05/2005
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

Quick stats

1 Year return

11.38 %

1 Year rank in sector

38/66

Sector

UT Global Bonds

Yield

2.22

Fund size

£ 197.9 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    81.73%
  • Australasia
    4.67%
  • USA
    4.56%
  • Middle East/ Africa
    2.38%
  • Germany
    2.03%
  • Government Bonds
    70.89%
  • Financials
    13.44%
  • Investment Grade Bonds
    8.22%
  • Investment Grade Government Bonds
    3.23%
  • Asset/Mortgage-Backed Securities
    1.29%
  • UK Fixed Interest
    81.73%
  • Asia Pacific Fixed Interest
    4.67%
  • US Fixed Interest
    4.56%
  • Middle East & African Fixed Interest
    2.38%
  • German Fixed Interest
    2.03%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.24 %5.83 %3.59 %43.7 %45.23 %
Sector0.85 %3 %6.76 %16.19 %20.74 %
Rank within sector69 / 724 / 6938 / 661 / 574 / 45
Quartile th4 th1 st3 rd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund3.74 %18.04 %-0.52 %25.76 %-6.11 %
Sector2.56 %12.58 %-1.32 %3.81 %-1.96 %
Rank within sector14 / 6924 / 6435 / 581 / 5544 / 52
Quartile th1 st2 nd3 rd1 st4 th

Risk statistics

Alpha8.46
Beta0.67
Sharpe0.71
Volatility13.53
Tracking error13
Information ratio0.39
R-Squared0.09

Price movement

52 week high64.18
52 week low54.26
Current bid price0
Current offer price0
Current mid price58.75

Holdings by region

  • 81.73% UK
  • 4.67% Australasia
  • 4.56% USA
  • 2.38% Middle East/ Africa
  • 2.03% Germany
  • 1.64% France
  • 0.65% Europe
  • 0.65% Not Specified
  • 0.65% Scandinavia
  • 0.56% Switzerland

Holdings by sector

  • 70.89% Government Bonds
  • 13.44% Financials
  • 8.22% Investment Grade Bonds
  • 3.23% Investment Grade Government Bonds
  • 1.29% Asset/Mortgage-Backed Securities
  • 0.96% Others
  • 0.68% Money Market
  • 0.65% Foreign Exchange
  • 0.65% High Yield Bond

Holdings by asset type

  • 81.73% UK Fixed Interest
  • 4.67% Asia Pacific Fixed Interest
  • 4.56% US Fixed Interest
  • 2.38% Middle East & African Fixed Interest
  • 2.03% German Fixed Interest
  • 1.64% French Fixed Interest
  • 0.65% European Fixed Interest
  • 0.65% Others
  • 0.65% Scandinavian Fixed Interest
  • 0.56% Swiss Fixed Interest

Individual holdings

  • 70.89% UNITED KINGDOM OF GREAT BRITAIN
  • 2.42% (THAMES) THAMES WATER 2.375% 5/3/23 RGS
  • 2.06% (WSTP) WESTPAC BANKING CORP
  • 1.52% LLOYDS TSB BANK PLC
  • 1.46% NATIONAL GRID GAS FINANCE
  • 1.25% GE CAPITAL UK
  • 1.13% AUSTRALIA & NEW ZEALAND BANKING GRP
  • 0.97% (KUWIB) STATE OF KUWAIT
  • 0.93% (MET) MET LIFE GLOB FUNDING I
  • 0.91% (LLYDIN) SOCIETY OF LLOYD'S