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

5.54 %

1 Year rank in sector

16/64

Sector

UT Global Bonds

Yield

2.14

Fund size

£ 195.1 m

FE Risk score

99

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    89.24%
  • Australasia
    3.51%
  • USA
    2.16%
  • Middle East/ Africa
    2.04%
  • Germany
    0.78%
  • Government Bonds
    81.11%
  • Financials
    9.52%
  • Asset/Mortgage-Backed Securities
    3.1%
  • Investment Grade Bonds
    2.53%
  • Investment Grade Government Bonds
    2.39%
  • UK Fixed Interest
    89.24%
  • Asia Pacific Fixed Interest
    3.51%
  • US Fixed Interest
    2.16%
  • Middle East & African Fixed Interest
    2.04%
  • German Fixed Interest
    0.78%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-1.86 %-2.59 %4.42 %23.76 %40.17 %
Sector-0.74 %0.1 %2.98 %13.32 %15.31 %
Rank within sector57 / 7062 / 6816 / 646 / 541 / 49
Quartile th4 th4 th1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund0.86 %18.04 %-0.52 %25.76 %-6.11 %
Sector1.91 %12.58 %-1.32 %3.81 %-1.96 %
Rank within sector46 / 6522 / 6032 / 541 / 5142 / 49
Quartile th3 rd2 nd3 rd1 st4 th

Risk statistics

Alpha2.88
Beta0.65
Sharpe0.24
Volatility13.4
Tracking error12.97
Information ratio-0.03
R-Squared0.08

Price movement

52 week high59.29
52 week low54.26
Current bid price0
Current offer price0
Current mid price56.5

Holdings by region

  • 89.24% UK
  • 3.51% Australasia
  • 2.16% USA
  • 2.04% Middle East/ Africa
  • 0.78% Germany
  • 0.68% Switzerland
  • 0.67% France
  • 0.49% Asia Pacific ex Japan
  • 0.42% Not Specified
  • 0.01% Others

Holdings by sector

  • 81.11% Government Bonds
  • 9.52% Financials
  • 3.1% Asset/Mortgage-Backed Securities
  • 2.53% Investment Grade Bonds
  • 2.39% Investment Grade Government Bonds
  • 0.96% Others
  • 0.42% Foreign Exchange
  • -0.03% Money Market

Holdings by asset type

  • 89.24% UK Fixed Interest
  • 3.51% Asia Pacific Fixed Interest
  • 2.16% US Fixed Interest
  • 2.04% Middle East & African Fixed Interest
  • 0.78% German Fixed Interest
  • 0.68% Swiss Fixed Interest
  • 0.67% French Fixed Interest
  • 0.49% Asia Pacific ex Japan Fixed Interest
  • 0.43% Others

Individual holdings

  • 81.11% UNITED KINGDOM OF GREAT BRITAIN
  • 1.54% LLOYDS TSB BANK PLC
  • 1.31% (WSTP) WESTPAC BANKING CORP
  • 1.24% GE CAPITAL UK
  • 1.13% AUSTRALIA & NEW ZEALAND BANKING GRP
  • 0.96% (KUWIB) STATE OF KUWAIT
  • 0.92% (LLYDIN) SOCIETY OF LLOYD'S
  • 0.91% BHP BILLITON FINANCE USA LTD
  • 0.8% (NDPFT) NEWDAY PARTNERSHIP FUNDING PLC
  • 0.78% (DB) DEUTSCHE BANK AG