Fact sheet: Fidelity Strategic Bond

Fund information

Fund name
Fidelity Strategic Bond Y Inc
Fund company manager
Fidelity International (FIL In
Fund type
OEIC
Fund manager(s)
Ian Spreadbury
since 18/04/2005
Claudio Ferrarese
since 01/04/2017
Timothy Foster
since 01/04/2017
Fund objective
Aims to provide relatively high income with the possibility of capital growth. Obtains exposure primarily to sterling denominated (or hedged back to sterling) bonds. 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.
Benchmark
No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

-0.99 %

1 Year rank in sector

65/82

Sector

UT Sterling Strategic Bond

Yield

1.74

Fund size

£ 1.7 b

FE Risk score

19

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    45.99%
  • USA
    14.68%
  • France
    5.39%
  • Continental Europe
    4.4%
  • Latin America
    4.28%
  • Government Bonds
    30.49%
  • High Yield Bond
    25.17%
  • Investment Grade Bonds
    22.78%
  • Financials
    9.73%
  • Asset/Mortgage-Backed Securities
    3.75%
  • UK Fixed Interest
    45.99%
  • US Fixed Interest
    14.68%
  • European Fixed Interest
    8.65%
  • French Fixed Interest
    5.39%
  • American Emerging Fixed Interest
    4.28%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.48 %-2.34 %-0.99 %6.21 %17.29 %
Sector0.47 %-1.13 %0.14 %10.3 %20.45 %
Rank within sector36 / 8775 / 8565 / 8264 / 7553 / 70
Quartile th2 nd4 th4 th4 th4 th

Calendar performance

YTD-20182017201620152014
Fund-2.18 %4.46 %5.29 %-0.93 %9.01 %
Sector-1.12 %4.86 %7.28 %-0.29 %6.75 %
Rank within sector73 / 8550 / 8160 / 7661 / 7326 / 72
Quartile th4 th3 rd4 th4 th2 nd

Risk statistics

Alpha-1.27
Beta0.98
Sharpe-0
Volatility3.43
Tracking error1.28
Information ratio-1.04
R-Squared0.86

Price movement

52 week high125.4
52 week low120.2
Current bid price0
Current offer price0
Current mid price120.7

Holdings by region

  • 45.99% UK
  • 14.68% USA
  • 5.39% France
  • 4.4% Continental Europe
  • 4.28% Latin America
  • 4.26% Canada
  • 4.25% Europe
  • 4.18% Asia Pacific ex Japan
  • 3.64% Australasia
  • 3.18% Germany

Holdings by sector

  • 30.49% Government Bonds
  • 25.17% High Yield Bond
  • 22.78% Investment Grade Bonds
  • 9.73% Financials
  • 3.75% Asset/Mortgage-Backed Securities
  • 3.24% Others
  • 2.64% Investment Grade Government Bonds
  • 1.76% Index Linked
  • 1.67% Money Market
  • -1.23% Foreign Exchange

Holdings by asset type

  • 45.99% UK Fixed Interest
  • 14.68% US Fixed Interest
  • 8.65% European Fixed Interest
  • 5.39% French Fixed Interest
  • 4.28% American Emerging Fixed Interest
  • 4.26% Canadian Fixed Interest
  • 4.18% Asia Pacific ex Japan Fixed Interest
  • 3.64% Asia Pacific Fixed Interest
  • 3.18% German Fixed Interest
  • 2.69% Global Fixed Interest

Individual holdings

  • 16.69% (UKT) UK TSY 1.25% 2018
  • 5.2% (T) US TREASURY N/B
  • 4.06% (CAN) CANADIAN GOVERNMENT
  • 3.01% (DBR) FEDERAL REPUBLIC OF GERMANY
  • 2.92% ELECTRICITE DE FRANCE
  • 1.62% (IBRD) INTL BK RECON & DEVELOP
  • 1.38% AT&T INC
  • 1.26% (BATSLN) BAT INTL FINANCE PLC
  • 1.21% HSBC BANK PLC
  • 1.14% (AVLN) AVIVA PLC