Fact sheet: Fidelity Trgt TM 2040 (€)

Fund information

Fund name
Fidelity Target TM 2040 (Euro) A Acc EUR
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Joo Hee Lee
since 01/07/2010
Fund objective
Aims to provide long-term capital growth for investors planning to withdraw substantial portions of their investment in the year 2040. Typically invests in a wide range of markets throughout the world providing exposure to shares of companies, bonds, interest rate bearing debt securities, money market securities and commodities. The fund is managed in accordance with an asset allocation that will become increasingly conservative as the target year is approached. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in currencies other than Euro. Exposure to other currencies may be hedged, for example with currency forward contracts. Can invest in bonds issued by governments, companies and other bodies. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to withdraw their money before the target date. Whilst the fund should be regarded as a long-term investment, it will become shorter as the target date approaches.
Benchmark
No Specified Index
Investment style
Target Maturity,Flexible
Investment method
None

Performance snapshot

Quick stats

1 Year return

10.19 %

1 Year rank in sector

33/167

Sector

FO Mixed Asset - Flexible

Yield
-
Fund size

£ 127.0 m

FE Risk score

99

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    37.7%
  • Europe
    30.5%
  • Global Emerging Markets
    20.7%
  • Japan
    5.8%
  • Asia Pacific ex Japan
    3%
  • US Equities
    37.7%
  • European Equities
    30.5%
  • Global Emerging Market Equities
    20.7%
  • Japanese Equities
    5.8%
  • Asia Pacific ex Japan Equities
    3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.6 %0.09 %10.19 %23.75 %60.73 %
Sector0.85 %2.67 %6.27 %9.76 %23.08 %
Rank within sector15 / 182145 / 17433 / 16715 / 1085 / 79
Quartile th1 st4 th1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund3.62 %6.41 %8.12 %16.19 %17.22 %
Sector5.63 %3.43 %-0.06 %4.97 %6.79 %
Rank within sector108 / 17351 / 1428 / 1182 / 998 / 83
Quartile th3 rd2 nd1 st1 st1 st

Risk statistics

Alpha1.53
Beta2.02
Sharpe0.33
Volatility11.54
Tracking error7.93
Information ratio0.53
R-Squared0.71

Price movement

52 week high34.23
52 week low29.44
Current bid price0
Current offer price0
Current mid price33.19

Holdings by region

  • 37.7% USA
  • 30.5% Europe
  • 20.7% Global Emerging Markets
  • 5.8% Japan
  • 3% Asia Pacific ex Japan
  • 2.3% Canada

Holdings by sector

-

Holdings by asset type

  • 37.7% US Equities
  • 30.5% European Equities
  • 20.7% Global Emerging Market Equities
  • 5.8% Japanese Equities
  • 3% Asia Pacific ex Japan Equities
  • 2.3% Canadian Equities

Individual holdings

  • 20.7% FF EMERGING MARKETS A USD
  • 13.2% FID FDS - US VALUE POOL
  • 11.3% FIDELITY FUNDS - US CORE
  • 8.4% FF EUROPEAN GROWTH A EUR
  • 7.7% FF EUROPEAN DIVIDEND A INC EUR
  • 7.6% FIDELITY PAN EUROPEAN INST
  • 5.8% FF AMERICAN GROWTH A USD
  • 3.8% Fidelity Future Leaders
  • 3.7% FIDELITY FUNDS AMERICA FUND
  • 3.1% FIDELITY FUNDS - EUROPEAN SMALLER COMPANIES