Fact sheet: Fidelity US Loan

Fund information

Fund name
Fidelity US Loan Acc USD
Fund company manager
Fidelity (FIL Inv Mgt IRL Ltd)
Fund type
SIB
Fund manager(s)
Kevin Nielsen
since 08/09/2014
Eric Mollenhauer
since 08/09/2014
Fund objective
The Fund aims to achieve attractive returns through high current income and capital appreciation.The Fund will invest primarily in a diversified portfolio of listed or unlisted leveraged loans and other fixed or floating rate securities issued by US domiciled or companies operating in the US. The Fund may invest globally in listed or unlisted high yield bonds and non-US debt. The Fund may also invest globally in listed or unlisted fixed income and equity instruments, loans and other fixed and floating rate securities, money market instruments, cash and deposits.The term ‘leveraged loan’ refers to debt issued by companies with below investment grade credit ratings. Leveraged loans are typically secured with a lien on the company’s assets and are generally senior to the company’s other debt.For cash management purposes the Fund may invest un-invested cash up to 15% of Net Asset Value into a short-term money market fund domiciled in Ireland and managed by Fidelity and regulated by the Central Bank. A management charge of up to 1 per cent per annum of the Net Asset Value of the short-term money market fund shall apply.
Benchmark
S&P/LSTA LEVERAGED LOAN INDEX
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

4.51 %

1 Year rank in sector

2/10

Sector

FO Fixed Int - USD Securitised

Yield
-
Fund size
-
FE Risk score

13

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.61 %1.87 %4.51 %11.81 %0 %
Sector0.29 %0.54 %0.85 %2.92 %6.46 %
Rank within sector2 / 112 / 112 / 103 / 8 /
Quartile th1 st1 st1 st2 nd th

Calendar performance

YTD-20172016201520142013
Fund2.92 %9 %0.3 %0 %0 %
Sector1.81 %3.2 %-1.81 %5.29 %-2.49 %
Rank within sector3 / 112 / 87 / 8 / /
Quartile th2 nd1 st4 th th th

Risk statistics

Alpha2.66
Beta0.71
Sharpe-
Volatility2.93
Tracking error2.62
Information ratio0.88
R-Squared0.24

Price movement

52 week high110.66
52 week low105.76
Current bid price0
Current offer price0
Current mid price110.69

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

-