Fact sheet: Fidelity Strategic Bond

Fund information

Fund name
Fidelity Strategic Bond Y Dis GBP
Fund company manager
Fidelity International (FIL In
Fund type
OIC
Fund manager
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

Quick stats

1 Year return

3.54 %

1 Year rank in sector

79/83

Sector

UT Sterling Strategic Bond

Yield

2.32

Fund size

£ 1.7 b

FE Risk score

22

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    41.37%
  • USA
    15.97%
  • Europe
    6.74%
  • Continental Europe
    6.33%
  • Latin America
    6.23%
  • Investment Grade Bonds
    27.72%
  • High Yield Bond
    23.91%
  • Government Bonds
    13.64%
  • Financials
    12.16%
  • Index Linked
    6.35%
  • UK Fixed Interest
    41.37%
  • US Fixed Interest
    15.97%
  • European Fixed Interest
    13.07%
  • American Emerging Fixed Interest
    6.23%
  • Asia Pacific Fixed Interest
    4.99%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.81 %3.71 %3.54 %11.86 %28.65 %
Sector0.55 %4.22 %7.65 %13.79 %30.58 %
Rank within sector18 / 8456 / 8479 / 8352 / 7445 / 64
Quartile th1 st3 rd4 th3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund3.46 %5.29 %-0.93 %9.01 %1.68 %
Sector3.71 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector47 / 8460 / 7860 / 7425 / 7342 / 66
Quartile th3 rd4 th4 th2 nd3 rd

Risk statistics

Alpha-0.94
Beta1.1
Sharpe0.02
Volatility4.1
Tracking error1.67
Information ratio-0.33
R-Squared0.84

Price movement

52 week high127.8
52 week low121.6
Current bid price0
Current offer price0
Current mid price124.8

Holdings by region

  • 41.37% UK
  • 15.97% USA
  • 6.74% Europe
  • 6.33% Continental Europe
  • 6.23% Latin America
  • 4.99% Australasia
  • 4.96% France
  • 3.25% Germany
  • 2.69% Canada
  • 2.54% Asia Pacific ex Japan

Holdings by sector

  • 27.72% Investment Grade Bonds
  • 23.91% High Yield Bond
  • 13.64% Government Bonds
  • 12.16% Financials
  • 6.35% Index Linked
  • 5.87% Investment Grade Government Bonds
  • 5.81% Asset/Mortgage-Backed Securities
  • 3.01% Money Market
  • 1.75% Others
  • -0.22% Foreign Exchange

Holdings by asset type

  • 41.37% UK Fixed Interest
  • 15.97% US Fixed Interest
  • 13.07% European Fixed Interest
  • 6.23% American Emerging Fixed Interest
  • 4.99% Asia Pacific Fixed Interest
  • 4.96% French Fixed Interest
  • 3.25% German Fixed Interest
  • 2.69% Canadian Fixed Interest
  • 2.69% Global Fixed Interest
  • 2.54% Asia Pacific ex Japan Fixed Interest

Individual holdings

  • 4.99% United States Of America
  • 3.63% UNITED KINGDOM OF GREAT BRITAIN
  • 3.52% NEW ZEALAND GOVERNMENT
  • 2.94% ELECTRICITE DE FRANCE
  • 2.72% ONTARIO (PROVINCE OF)
  • 2.53% FEDERATIVE REPUBLIC OF BRAZIL
  • 1.74% ABBEY NATIONAL TREASURY SERVICES PLC
  • 1.69% IBRD WORLD BANK
  • 1.3% Aa Bond Co Ltd
  • 1.24% VERIZON COMMUNICATIONS INC