Fidelity Reduced Dur UK Corp Bd Gr Acc (FUND:B9SL256) - Fund price - Overview

Fund Report

Fidelity Reduced Duration UK Corporate Bond Fund Gross paying Accumulation Shares

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date05/06/2013
NAV 06/12/2016GBX 1,119.00
Day Change-0.37%
12 Month Yield3.20%
ISINGB00B9SL2562
SEDOLB9SL256
Dividend FrequencyAnnually
Net Assets (mil) 30/11/201614.72 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time10:15:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.43%
AMC0.35%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

MB Income Red Duration Custom

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund--1.29-0.354.87
Category--10.680.38-
Benchmark--12.510.70-
  • Fund: Fidelity Reduced Duration UK Corporate Bond Fund Gross paying Accumulation Shares
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 06/12/2016
FundCatBmark
YTD4.293.503.27
3 Years Annualised1.996.247.59
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The fund may invest directly in securities or may achieve exposure to securities indirectly through the use of derivatives. The fund may also invest in other transferable securities, money market instruments, collective investment schemes, cash and near-cash and deposits. Derivatives may be used for efficient portfolio management and investment purposes and may include (but are not limited to) derivatives on exchange rates, interest rates, inflation and credit. It is the intention, through the use of derivatives, to adjust the fund’s interest rate exposures so that interest rate risk (duration) is reduced. The use of such techniques may substantially affect the returns achieved. The fund may also take positions which enable it to benefit from falling asset prices.

Portfolio Profile30/11/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds148.8666.6582.21
Cash17.790.0017.79
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond26.59
Government24.47
Cash & Equivalents17.87
Government Related12.36
Commercial Mortgage Backed7.51
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Cgsw Swap Irs 11/18 6muklv1.1 2018-11-06United Kingdom68.65
Barc Swap Irs 7/25 2.083v6mukl 2025-07-28United Kingdom47.26
Gold Swap Irs 3/36 1.715v6mukl 2036-03-17United Kingdom15.65
United Kingdom (Government Of) 4.25% 2036-03-07United Kingdom8.24
New since last portfolioLong Gilt Future Mar17 G H7 2017-03-29United Kingdom7.56
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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