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)
Timothy Foster
since 01/04/2017
Claudio Ferrarese
since 01/04/2017
Ian Spreadbury
since 18/04/2005
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

2.25 %

1 Year rank in sector

48/81

Sector

UT Sterling Strategic Bond

Yield

2.03

Fund size

£ 1.8 b

FE Risk score

21

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    36.34%
  • USA
    18.07%
  • Europe
    6.72%
  • Continental Europe
    5.78%
  • France
    5.34%
  • BBB
    31.57%
  • BB
    16.84%
  • AAA
    13.69%
  • AA
    12.23%
  • A
    8.73%
  • UK Fixed Interest
    36.34%
  • US Fixed Interest
    18.07%
  • European Fixed Interest
    12.5%
  • French Fixed Interest
    5.34%
  • Asia Pacific Fixed Interest
    4.65%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund-1.15 %-0.68 %2.25 %5.38 %19.47 %
Sector-1.2 %-0.53 %2.7 %9.34 %21.36 %
Rank within sector43 / 8546 / 8248 / 8167 / 7549 / 67
Quartile th3 rd3 rd3 rd4 th3 rd

Calendar performance

YTD-20182017201620152014
Fund-1.21 %4.46 %5.29 %-0.93 %9.01 %
Sector-1.15 %4.86 %7.28 %-0.29 %6.75 %
Rank within sector47 / 8550 / 8160 / 7660 / 7326 / 72
Quartile th3 rd3 rd4 th4 th2 nd

Risk statistics

Alpha-1.51
Beta0.99
Sharpe-0
Volatility3.41
Tracking error1.33
Information ratio-1.17
R-Squared0.85

Price movement

52 week high125.4
52 week low122
Current bid price0
Current offer price0
Current mid price122.7

Holdings by region

  • 36.34% UK
  • 18.07% USA
  • 6.72% Europe
  • 5.78% Continental Europe
  • 5.34% France
  • 4.65% Australasia
  • 4.55% Germany
  • 4.49% Canada
  • 4.13% Latin America
  • 3.35% Asia Pacific ex Japan

Holdings by sector

  • 31.57% BBB
  • 16.84% BB
  • 13.69% AAA
  • 12.23% AA
  • 8.73% A
  • 8.19% B
  • 3.23% Non-Rated
  • 3% Money Market
  • 1.74% Others
  • 0.78% CCC

Holdings by asset type

  • 36.34% UK Fixed Interest
  • 18.07% US Fixed Interest
  • 12.5% European Fixed Interest
  • 5.34% French Fixed Interest
  • 4.65% Asia Pacific Fixed Interest
  • 4.55% German Fixed Interest
  • 4.49% Canadian Fixed Interest
  • 4.13% American Emerging Fixed Interest
  • 3.5% Global Fixed Interest
  • 3.35% Asia Pacific ex Japan Fixed Interest

Individual holdings

  • 5.76% HM TREASURY UNITED KINGDOM DMO 5% GILT 07/03/18 GBP
  • 4.75% (T) US TREASURY N/B
  • 4.05% (CAN) CANADIAN GOVERNMENT
  • 3.56% (NZGB) NEW ZEALAND GOVERNMENT
  • 2.97% ELECTRICITE DE FRANCE
  • 2.63% (TII) TSY INFL IX N/B
  • 2.01% AT&T INC
  • 1.8% (POLGB) POLAND GOVERNMENT BOND
  • 1.59% (IBRD) INTL BK RECON & DEVELOP
  • 1.47% (BATSLN) BAT INTL FINANCE PLC