Fact sheet: Fidelity MlAsOpDef

Fund information

Fund name
Fidelity Multi Asset Open Defensive Y Acc
Fund company manager
Fidelity International (FIL In
Fund type
OIC
Fund manager
Eugene Philalithis
since 21/01/2013
Fund objective
This Fund targets an average annual return of 4% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the Y share class. There is no guarantee that the target will be achieved by the Fund. The Fund typically has a large exposure to lower risk investments with the aim of mitigating the risk of capital losses; however, an investor may not get back the full amount invested. The Fund invests primarily into other funds (including those managed by Fidelity) which provide global exposure to a diversified range of assets. The Fund can also invest directly into transferable securities, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed subject to it remaining within the following parameters: 0-35% equity, 15-100% debt instruments (which may include high yield and emerging market debt), 0-30% cash and 0-30% alternatives (such as infrastructure securities and Real Estate Investment Trusts).
Benchmark
No Specified Index
Investment style
Cautious
Investment method
None

Performance snapshot

Quick stats

1 Year return

9.69 %

1 Year rank in sector

37/81

Sector

UT Mixed Investment 0-35% Shares

Yield
-
Fund size

£ 9.0 m

FE Risk score

32

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    59.1%
  • Money Market
    12.7%
  • Europe
    8.5%
  • UK
    7.8%
  • Not Specified
    4.8%
  • Global Fixed Interest
    65.4%
  • UK Equities
    7.8%
  • Money Market
    7.7%
  • European Equities
    7.6%
  • Property
    3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.24 %3.27 %9.52 %18.48 %0 %
Sector0.09 %3.57 %9.05 %15.64 %28.39 %
Rank within sector31 / 8751 / 8337 / 8118 / 56 /
Quartile th2 nd3 rd2 nd2 nd th

Calendar performance

YTD-20172016201520142013
Fund3.1 %10.97 %-0.55 %6.92 %0 %
Sector3.39 %8.37 %0.26 %5.2 %4.2 %
Rank within sector52 / 8317 / 7348 / 5814 / 55 /
Quartile th3 rd1 st4 th2 nd th

Risk statistics

Alpha0.96
Beta0.97
Sharpe0.53
Volatility4.16
Tracking error1.38
Information ratio0.6
R-Squared0.89

Price movement

52 week high123.5
52 week low112.7
Current bid price0
Current offer price0
Current mid price123.1

Holdings by region

  • 59.1% International
  • 12.7% Money Market
  • 8.5% Europe
  • 7.8% UK
  • 4.8% Not Specified
  • 2.6% North America
  • 2.4% Japan
  • 1.2% Pacific ex-Japan
  • 0.9% Global Emerging Markets

Holdings by sector

-

Holdings by asset type

  • 65.4% Global Fixed Interest
  • 7.8% UK Equities
  • 7.7% Money Market
  • 7.6% European Equities
  • 3% Property
  • 2.8% Commodity & Energy
  • 2.7% North American Equities
  • 1.2% Asia Pacific ex Japan Equities
  • 0.9% Global Emerging Market Equities
  • 0.9% Japanese Equities

Individual holdings

  • 12.5% FIDELITY INSTITUTIONAL UK AGGREGATE BOND GR
  • 5% LOOMIS SAYLES GBL OPP BOND GBP
  • 4.1% FIDELITY CASH FUND Y ACCUMULATION SHARES
  • 4.1% FIDELITY STRATEGIC BOND FUND A INCOME SHARES
  • 4% PIMCO FDS GIS CAP SEC-GBP-H
  • 3.7% Syquant Helium A EUR
  • 3.4% FIDELITY FUNDS - GLOBAL INFLATION-LINKED BOND FUND Y-GBP (HEDGED)
  • 3.1% MS LONG TERM TRENDS UCITS FUND
  • 2.9% FIDELITY FUNDS - CORE EURO BOND FUND Y-ACC EURO
  • 2.8% KAMES ICVC-UK EQUITY ABSOLUTE RETURN FUND