Fact sheet: Fidelity Inst UK Idx Lkd Bd

Fund information

Fund name
Fidelity Institutional UK Index Linked Bond
Fund company manager
Fidelity International (FIL In
Fund type
OEIC
Fund manager
Andy Weir
since 01/12/2003
Fund objective
Aims to provide income and capital growth. Obtains exposure primarily to UK and overseas government index-linked bonds as well as other index-linked bonds. 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 Actuaries UK Index-Linked Over 5 Years
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

-2.52 %

1 Year rank in sector

11/18

Sector

UT UK Index Linked Gilts

Yield

0.21

Fund size

£ 410.0 m

FE Risk score

125

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    97.87%
  • Australasia
    1.39%
  • Europe
    0.45%
  • USA
    0.17%
  • Not Specified
    0.12%
  • AA
    91.02%
  • Money Market
    3.96%
  • A
    3.6%
  • BBB
    1.3%
  • Others
    0.12%
  • UK Fixed Interest
    97.87%
  • Asia Pacific Fixed Interest
    1.39%
  • European Fixed Interest
    0.45%
  • US Fixed Interest
    0.17%
  • Global Fixed Interest
    0.12%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.9 %-0.86 %-2.52 %37.14 %57.81 %
Sector-1.85 %-0.68 %-1.27 %32.48 %47.6 %
Rank within sector10 / 1812 / 1811 / 184 / 162 / 15
Quartile th3 rd3 rd3 rd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund-0.87 %27.06 %-1.11 %20.87 %0.8 %
Sector-0.77 %23.9 %-1.17 %17.97 %-0.32 %
Rank within sector9 / 183 / 1710 / 173 / 162 / 16
Quartile th2 nd1 st3 rd1 st1 st

Risk statistics

Alpha7.09
Beta0.71
Sharpe0.63
Volatility13.24
Tracking error12.58
Information ratio0.32
R-Squared0.1

Price movement

52 week high347.8
52 week low305.9
Current bid price0
Current offer price0
Current mid price320.1

Holdings by region

  • 97.87% UK
  • 1.39% Australasia
  • 0.45% Europe
  • 0.17% USA
  • 0.12% Not Specified

Holdings by sector

  • 91.02% AA
  • 3.96% Money Market
  • 3.6% A
  • 1.3% BBB
  • 0.12% Others

Holdings by asset type

  • 97.87% UK Fixed Interest
  • 1.39% Asia Pacific Fixed Interest
  • 0.45% European Fixed Interest
  • 0.17% US Fixed Interest
  • 0.12% Global Fixed Interest

Individual holdings

  • 89.69% UNITED KINGDOM OF GREAT BRITAIN
  • 1.67% Heathrow Funding Ltd.
  • 1.46% NEW ZEALAND
  • 1.04% DWR CYMRU FINANCING
  • 0.46% UPP BOND ISSUER PLC
  • 0.36% (HSRF) HIGH SPEED RAIL FIN 1
  • 0.33% (THAMES) THAMES WATER UTIL CAY FI
  • 0.29% NATIONAL GRID ELECTRICITY TRANS
  • 0.25% (SWSFIN) SOUTHERN WATER SRVCS FIN
  • 0.24% (NWGLN) NORTHUMBRIAN WATER FIN