Fidelity Funds - US High Yield Fund A-DIST-EUR
Fidelity Funds (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Fidelity Funds - US High Yield Fund a sub-fund of Fidelity Funds A-Euro (ISIN: LU0132385880 / WKN: 551049) This fund is managed by FIL Investment Management (Luxembourg) S.A. n The fund aims to provide a high level of current income and capital growth. n The fund will invest at least 70% in high-yielding, lower quality bonds of issuers that have their main business activities in the US. n The fund can invest in bonds issued by governments, companies and other bodies. n The types of bonds in which the fund will mainly invest will be subject to high risk and will not be required to meet a minimum rating standard. n The fund has the freedom to invest outside its principal geographies, market sectors, industries or asset classes. n The fund may invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. The fund can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. n Investments may be made in currencies other than the fund’s reference currency. Exposure to currencies may be hedged, for example with currency forward contracts. The fund's reference currency is the currency used for reporting and may be different from the currency of denomination of the investments. n The fund is actively managed and references ICE BofAML US High Yield Constrained Index, for comparative purposes only. n Income earned by the fund is reinvested in additional shares or paid to shareholders on request. n Shares can usually be bought and sold each business day of the fund. Lower risk Higher risk Typically lower rewards Typically higher rewards 1 2 3 4 5 6 7 n Historical data may not be a reliable indication for the future. n The risk category shown is not guaranteed and may change over time. n The lowest category does not mean a "risk free" investment. n The

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Neutral
Neutral
Risk and reward profile
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 14/08/20208.12
Morningstar categoryUSD High Yield Bond
CurrencyEUR
Distribution statusDistributing
ISINLU0132385880
Inception Date05/09/2001
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.40% of which 0.40% is paid to MeDirect
Fund management company
AddressFidelity (FIL Inv Mgmt (Lux) S.A.) 2a, rue Albert Borschette Luxembourg L-1246 Luxembourg
Manager NameAlexandre Karam
Manager Start Date01/10/2019
Websitewww.fidelity-international.com
Total Net Assets (mil)3,230.92 EUR (31/07/2020)
UCITSYes
AdministratorFIL Investment Management (Lux) S.A

Documents

Prospectus
en 31/12/2019
Annual Report
en 31/10/2019
Semi Annual Report
en 31/10/2019
Morningstar Report
15/08/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year-3.23%14/08/2020
3 years3.23%14/08/2020
5 years3.37%14/08/2020
10 years6.39%14/08/2020
Since launch4.76%14/08/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-6.82
1 month-0.44
3 months-0.13
6 months-10.65
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-12.29%6.90%--
201910.27%1.01%5.19%-0.27%
2018-3.36%6.49%2.63%-4.59%
20171.00%-4.14%-1.31%-0.90%
2016-2.85%7.25%3.92%7.89%
Dividend
Date ex dividendGross dividendPayment Date
01/08/20180.4708/08/2018
01/08/20170.4308/08/2017
01/08/20160.4208/08/2016
03/08/20150.4010/08/2015
01/08/20140.3815/08/2014
01/08/20130.4015/08/2013
02/08/20100.4416/08/2010
03/08/20090.4117/08/2009

Asset Allocation
% Long% Short% Net Assets
Stock1.10%0.00%1.10%
Bond90.48%0.00%90.48%
Cash22.79%16.60%6.19%
Other2.23%0.00%2.23%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
15.509.928.61
Sharpe Ratio
0.070.200.41
Sortino Ratio
0.080.270.56
Positive Months7.0023.0034.00
Negative Months5.0013.0026.00
Worst Month-11.91-11.91-11.91
World Regions
Region%
United States1.10
Stock Sector Weighting
Sector% of Equity
Utilities0.32
Industrials0.29
Financial Services0.12
Consumer Cyclical
0.11
Communication Services0.05
Energy0.02
Basic Materials0.00
Top 10 Holdings
HoldingSectorCountry% of Assets
Fidelity ILF - USD A Acc Ireland5.39
Sprint Capital Corporation 8.75% 15/03/2032United States1.48
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.12% 01/05/2027United States1.31
Ally Financial Inc. 8% 01/11/2031United States1.29
Intergen NV 7% 30/06/2023Netherlands1.16
T-Mobile US, Inc. 6% 15/11/2022United States1.16
Bank of America Corporation 5.88% United States1.07
Citigroup Inc DR United States1.06
TransDigm, Inc. 5.5% 15/11/2027United States0.92
Pacific Gas and Electric Company 4.95% 01/07/2050United States0.91
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
8.12
Closing Price
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