Fact sheet: Fidelity Target TM 2020

Fund information

Fund name
Fidelity Target TM 2020 A Acc
Fund company manager
Fidelity International (FIL In
Fund type
OEIC
Fund manager(s)
Eugene Philalithis
since 07/04/2014
Fund objective
The Fund aims to achieve capital growth for investors planning to withdraw their investment in the year 2020. It is intended to close the Fund shortly afterwards. The Fund will initially target growth through exposure to global equity markets and commodities. This will be achieved by investing primarily in funds, including those managed by Fidelity. The Fund’s exposure will become increasingly defensive as the Fund approaches maturity, through global exposure to debt instruments (e.g. bond funds) and cash. As the target date nears, the Fund will have a UK bias and will primarily invest into cash, deposits and gilts, with the aim of capital preservation. At any stage the Fund may also invest directly in transferable securities, money market instruments, cash and deposits. Derivatives may also be used by the fund for efficient portfolio management and for investment purposes.
Benchmark
-
Investment style
Target Maturity,Flexible
Investment method
None

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

3.7 %

1 Year rank in sector

220/240

Sector

UT Flexible Investment

Yield
-
Fund size

£ 20.0 m

FE Risk score

51

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    40%
  • Money Market
    17.3%
  • Not Specified
    15.6%
  • Europe ex UK
    11.1%
  • Asia Pacific
    6.8%
  • UK Fixed Interest
    33.1%
  • Money Market
    17.2%
  • Europe ex UK Equities
    11.1%
  • Commodity & Energy
    9.8%
  • UK Equities
    7.1%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.56 %2.81 %3.7 %22.99 %38.01 %
Sector2.5 %6.14 %9.35 %33.25 %50.93 %
Rank within sector220 / 269221 / 254220 / 240173 / 206147 / 174
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund3.94 %12.61 %0.3 %5.23 %11.31 %
Sector8.72 %12.84 %2.01 %4.85 %14.08 %
Rank within sector218 / 241131 / 227168 / 214105 / 192126 / 181
Quartile th4 th3 rd4 th3 rd3 rd

Risk statistics

Alpha-1.19
Beta0.98
Sharpe0.4
Volatility6.04
Tracking error1.83
Information ratio-0.75
R-Squared0.91

Price movement

52 week high66.02
52 week low61.44
Current bid price0
Current offer price0
Current mid price65.9

Holdings by region

  • 40% UK
  • 17.3% Money Market
  • 15.6% Not Specified
  • 11.1% Europe ex UK
  • 6.8% Asia Pacific
  • 4.9% North America
  • 3.4% Global Emerging Markets
  • 0.9% International

Holdings by sector

-

Holdings by asset type

  • 33.1% UK Fixed Interest
  • 17.2% Money Market
  • 11.1% Europe ex UK Equities
  • 9.8% Commodity & Energy
  • 7.1% UK Equities
  • 6.8% Asia Pacific Equities
  • 4.9% North American Equities
  • 4% Hedge
  • 3.4% Global Emerging Market Equities
  • 1.7% Global Fixed Interest

Individual holdings

  • 17.3% UK AGGREGATE BOND FUND GROSS PAYING ACCUMULATION SHARES
  • 17.2% FIDELITY CASH FUND Y ACCUMULATION SHARES
  • 13.8% UK GILT FUND GROSS PAYING ACCUMULATION SHARES
  • 8.4% ETFS ALL COMMODITIES GBP
  • 4% HELIUM PERFORMANCE A
  • 3.1% FIDELITY FUNDS - EUROPEAN LARGER COMPANIES FUND Y-ACC-EURO
  • 2.8% FF EUROPEAN VALUE Y ACC EUR
  • 2.7% FIDELITY FUNDS - EUROPEAN DIVIDEND FUND Y ACC-EURO
  • 2.3% JAPAN FUND ACCUMULATION SHARES
  • 2% FIL INV SVCS SPECIAL SIT