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Fidelity Corporate Bond Master

Ranked 69 out of 114 in - Sterling Corporate Bond over 12 months
All calculations are in GBP unless stated

Managed by

Ian Fishwick

Prior to becoming a fellow of the Institute of Actuaries, Ian studied natural sciences at Manchester and at Downing College Cambridge between 1974 and 1984. His career as an actuary was short-lived after joining Sun Life of Canada where he went from being a credit analyst to a fund manager to head of fixed income and finally attaining the title of CEO. He then joined Credit Suisse in 2000 where he worked for seven years before joining Fidelity where he currently works on the fixed income desk. In his spare time, among other things, Ian is a keen golfer and chess player.

Tim Foster

Objective

The Funds investment objective is to achieve an attractive level of income. The Fund will invest primarily in Sterling denominated (or hedged back to Sterling) fixed interest instruments. It is the intention to adjust the interest rate risk of the Fund to a duration of between 5 and 10 years through the use of derivatives.

Showing fund performance in United Kingdom View performance globally

Performance

Sterling Corporate Bond over : 30/04/2018 - 30/04/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 4.0%
2018 -2.5% -1.3% 0.1% 0.3% -1.5%
2017 4.9% 1.6% 1.6% 0.2% 1.4%
2016 8.3% 1.6% 2.4% 4.6% -0.4%
2015 1.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/03/2019

Top 10 Holdings

Stock Size
GBP Forward Contract 12.11%
United Kingdom 1.750% 07-Sep-2022 2.76%
SNCF Reseau 4.830% 25-Mar-2060 1.92%
Barclays PLC 3.125% 17-Jan-2024 1.89%
Lloyds Bank PLC 6.500% 17-Sep-2040 1.78%
Cooperatieve Rabobank UA 4.625% 23-May-2029 1.76%
United Kingdom 4.000% 07-Mar-2022 1.58%
United Kingdom 3.750% 07-Sep-2021 1.53%
BMW Intl Inv 1.000% 17-Nov-2021 1.47%
UBS AG 5.125% 15-May-2024 1.43%
31/03/2019

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date16/09/2015
  • Share Class size665Mn
  • Base currencyGBP
  • ISIN GB00BVTVCK43

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.00%
  • Initial investment0.00%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).