Fidelity Sterling Currency Fund (FUND:4152703) - Overview

Fund Report

Fidelity Funds II - Sterling Currency Fund

Key Stats
Morningstar® CategoryGBP Money Market
Manager Name-
Inception Date25/11/1991
NAV 15/01/2016GBP 21.62
Day Change0.00%
12 Month Yield0.00%
ISINLU0115012063
SEDOL4152703
Dividend Frequency-
Net Assets (mil) 31/12/201560.67 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment2,500.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.46%
AMC1.00%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

BofAML GBP LIBID 1 Mon Averag TR USD

Morningstar® Benchmark

Citigroup GBP Eurodeposit 3 Month GBP

Growth Of 10,000 (GBP) 31/12/2015

How has this security performed
20112012201320142015
Fund0.060.050.060.060.05
Category0.40-0.15-0.630.15-
Benchmark0.730.780.510.50-
  • Fund: Fidelity Funds II - Sterling Currency Fund
  • Category: GBP Money Market
  • Benchmark: Citigroup GBP Eurodeposit 3 Month GBP
Trailing Returns % (GBP) 15/01/2016
FundCatBmark
YTD0.001.500.55
3 Years Annualised0.050.620.56
5 Years Annualised0.05-0.420.60
10 Years Annualised1.270.721.73

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund’s objective is to invest primarily in United Kingdom Pounds Sterling denominated debt securities and other permitted assets. The aim of the fund is to provide a wholesale rate of return with the opportunity to switch at any time into other Currency funds. The assets of the fund shall be converted into the relevant currency for the fund. The assets of the fund shall exclusively be composed of interest bearing transferable debt securities and, within the restrictions set out by law, in Money Market Instruments and in cash. Debt securities in which the fund may invest include those which are traded on the Money Market in the UK, regulated by the Financial Services Authority, or on the Over-the-Counter Market in the US, regulated by the US Securities and Exchange Commission and the National Association of Securities Dealers.

Portfolio Profile31/12/2015

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds2.470.002.47
Cash122.4724.9397.53
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Cash & Equivalents97.53
Government2.47
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseCash Offset Luxembourg24.93
New since last portfolioMizuho Bank Ltd Td 0.45% 01/06/2016 2016-01-06Japan13.85
New since last portfolioMizuho Bank Ltd Td 0.45% 01/05/2016 2016-01-05Japan13.84
Credit Agricole Sa Td 0.0% 03/09/2016 2016-03-09France7.42
New since last portfolioIng Bank Nv Td 0.4% 01/06/2016 2016-01-06Netherlands6.28
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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