Fact sheet: Fidelity Strategic Bond

Fund information

Fund name
Fidelity Strategic Bond Y Dis GBP
Fund company manager
Fidelity International (FIL In
Fund type
OEIC
Fund manager(s)
Ian Spreadbury
since 18/04/2005
Timothy Foster
since 01/04/2017
Claudio Ferrarese
since 01/04/2017
Fund objective
The fund aims to provide relatively high income with the possibility of capital growth. It invests primarily in sterling denominated (or hedged back to sterling) bonds. It has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can invest in bonds issued by governments, companies and other bodies. The fund may make extensive use of derivatives including complex instruments and strategies 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

4.73 %

1 Year rank in sector

56/83

Sector

UT Sterling Strategic Bond

Yield

2.11

Fund size

£ 1.8 b

FE Risk score

23

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    38.38%
  • USA
    17.37%
  • Continental Europe
    6.94%
  • Europe
    6.51%
  • France
    5.31%
  • Investment Grade Bonds
    28.2%
  • High Yield Bond
    25.9%
  • Government Bonds
    16.5%
  • Financials
    10.15%
  • Asset/Mortgage-Backed Securities
    5.13%
  • UK Fixed Interest
    38.38%
  • US Fixed Interest
    17.37%
  • European Fixed Interest
    13.45%
  • French Fixed Interest
    5.31%
  • Asia Pacific Fixed Interest
    4.97%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.16 %1.13 %4.73 %9.06 %21.83 %
Sector0.03 %0.66 %5.32 %11.83 %22.98 %
Rank within sector56 / 8640 / 8456 / 8361 / 7543 / 68
Quartile th3 rd2 nd3 rd4 th3 rd

Calendar performance

YTD-20172016201520142013
Fund4.21 %5.29 %-0.93 %9.01 %1.68 %
Sector4.2 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector49 / 8361 / 7861 / 7526 / 7442 / 68
Quartile th3 rd4 th4 th2 nd3 rd

Risk statistics

Alpha-1.03
Beta1.05
Sharpe-0
Volatility3.85
Tracking error1.57
Information ratio-0.54
R-Squared0.83

Price movement

52 week high125.4
52 week low121.6
Current bid price0
Current offer price0
Current mid price124.3

Holdings by region

  • 38.38% UK
  • 17.37% USA
  • 6.94% Continental Europe
  • 6.51% Europe
  • 5.31% France
  • 4.97% Australasia
  • 4.09% Latin America
  • 4.06% Asia Pacific ex Japan
  • 3.2% Germany
  • 2.23% International

Holdings by sector

  • 28.2% Investment Grade Bonds
  • 25.9% High Yield Bond
  • 16.5% Government Bonds
  • 10.15% Financials
  • 5.13% Asset/Mortgage-Backed Securities
  • 4.84% Investment Grade Government Bonds
  • 4.12% Index Linked
  • 2.89% Money Market
  • 2.24% Others
  • 0.03% Foreign Exchange

Holdings by asset type

  • 38.38% UK Fixed Interest
  • 17.37% US Fixed Interest
  • 13.45% European Fixed Interest
  • 5.31% French Fixed Interest
  • 4.97% Asia Pacific Fixed Interest
  • 4.58% Global Fixed Interest
  • 4.09% American Emerging Fixed Interest
  • 4.06% Asia Pacific ex Japan Fixed Interest
  • 3.2% German Fixed Interest
  • 1.88% Canadian Fixed Interest

Individual holdings

  • 4.79% United States Of America
  • 3.63% UNITED KINGDOM OF GREAT BRITAIN
  • 3.4% NEW ZEALAND GOVERNMENT
  • 2.95% ELECTRICITE DE FRANCE
  • 1.99% AT&T INC
  • 1.72% (POLGB) REPUBLIC OF POLAND
  • 1.59% IBRD WORLD BANK
  • 1.58% (BATSLN) BAT TOBACCO PLC 2.25% 1/30 RGS
  • 1.18% VERIZON COMMUNICATIONS INC 1.875% BDS 26/10/29 EUR 100000
  • 1.1% (AVLN) AVIVA PLC