Fidelity MoneyBuilder Income Reduce
Latest (Mid) Price:
GBX 987.20
Day Change:
-0.37%
| Shares Class | Inc. |
|---|---|
| Yield | 2.27 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 71,000,000.00 | Launch Date | 29/01/2013 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.40 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00BC9LNW06 | Min Topup (£) | 250.00 | Ongoing Charge (%) | 0.6100 (on 30/10/2015) |
Fund Objective
Aims to provide an attractive level of income.The fund will be substantially (over 85%) invested in the Fidelity MoneyBuilder Income Fund (which invests primarily in sterling denominated (or hedged back to sterling) fixed interest securities) and will use derivatives to hedge interest rate risk on its investment in the Fidelity MoneyBuilder Income Fund such that the returns achieved may be substantially different to those of the Fidelity MoneyBuilder Income Fund.
Fund Managers
Ian Spreadbury
Ian Spreadbury is a Senior Portfolio Manager at Fidelity International with 30 years investment experience. Since joining Fidelity in 1995, he has been responsible for managing several of Fidelity's bond strategies. Previously, he worked for Legal and General in various positions including Senior Portfolio Manager (Bonds). Ian has a BSc in Pure & Applied Mathematics from University College of North Wales and an MSc in Mathematical Statistics from University of Sussex. He is also a Fellow of the Institute of Actuaries and is one of the most experienced fixed income managers in the industry.
Asset Breakdown
| Name | Weight |
|---|---|
| American Emerging Fixed Intere | 0.73% |
| Asia Pacific Fixed Interest | 2.01% |
| Asia Pacific ex Japan Fixed In | 0.36% |
| European Fixed Interest | 4.05% |
| French Fixed Interest | 4.80% |
| German Fixed Interest | 2.47% |
| Global Fixed Interest | 0.00% |
| Scandinavian Fixed Interest | 0.41% |
| Swiss Fixed Interest | 1.08% |
| UK Fixed Interest | 76.73% |
| US Fixed Interest | 8.68% |
Region Breakdown
| Name | Weight |
|---|---|
| Asia Pacific ex Japan | 0.36% |
| Australasia | 2.01% |
| Continental Europe | 1.93% |
| Europe | 2.12% |
| France | 4.80% |
| Germany | 2.47% |
| International | 3.27% |
| Latin America | 0.73% |
| Not Specified | 0.00% |
| Scandinavia | 0.41% |
| Switzerland | 1.08% |
| UK | 76.73% |
| USA | 8.68% |
Sector Breakdown
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 14.57% |
| Banks | 5.24% |
| Basic Industries | 0.90% |
| Capital Goods | 0.60% |
| Communications | 6.38% |
| Cyclical Consumer Goods | 2.24% |
| Energy | 1.13% |
| Foreign Exchange | 0.00% |
| Government Bonds | 21.70% |
| Insurance | 6.34% |
| Money Market | 6.50% |
| Mortgage & Secured Bonds | 5.06% |
| Non-Cyclical Consumer Goods | 5.37% |
| Other Financial | 1.76% |
| Property | 3.72% |
| Transport | 5.84% |
| Utilities | 17.24% |
Top 10 Holdings
| Name | Weight |
|---|---|
| FIDELITY MONEYBUILDER INCOME Y | 93.03% |
| TREASURY 5% GILT 07/03/18 GBP | 5.89% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
