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

Fund Profile

Category: SICAV

Aims to provide high current income and capital growth. At least 70% invested in high-yielding, lower quality bonds of issuers that have their main business activities in the US. The fund may invest up to 10% into loans that comply with the criteria of Money Market Instruments. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in bonds issued in currencies other than the fund’s reference currency. Exposure to currencies may be hedged, for example with currency forward contracts. The reference currency is the currency used for reporting and may be different from the dealing currency. Can invest in bonds issued by governments, companies and other bodies. 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. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. 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. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Neutral
Neutral
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 13/12/20199.12
Morningstar categoryUSD High Yield Bond
CurrencyEUR
Distribution statusDistributing
ISINLU0132385880
Inception Date05/09/2001
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.39% of which 0.40% is paid by the Fund Manager to MeDirect
Fund management company
AddressFidelity (FIL Inv Mgmt (Lux) S.A.) 2a, rue Albert Borschette Luxembourg L-1246 Luxembourg
Manager NameHarley Lank
Manager Start Date08/05/2003
Websitewww.fidelity-international.com
Total Net Assets (mil)3,062.21 EUR (30/11/2019)
UCITSYes
AdministratorFIL Investment Management (Lux) S.A

Legal Documents

Prospectus
en 13/09/2019
Annual Report
en 30/04/2019
Semi Annual Report
en 31/10/2018
Morningstar Report
14/12/2019

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 year12.48%13/12/2019
3 years3.99%13/12/2019
5 years7.89%13/12/2019
10 years9.47%13/12/2019
Since launch5.33%13/12/2019
Cumulative performance in EUR
Performance
YTD 01/01/201916.57%
1 month0.07%
3 months0.90%
6 months4.89%
Quarterly Returns
Q 1Q 2Q 3Q 4
201910.27%1.01%5.19%-
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%
201515.56%-3.76%-4.62%1.08%
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
Stock2.02%0.00%2.02%
Bond94.83%0.00%94.83%
Cash16.49%16.09%0.40%
Other2.75%0.00%2.75%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
7.325.035.67
Sharpe Ratio
0.940.770.63
Sortino Ratio
2.001.391.08
Positive Months9.0021.0036.00
Negative Months3.0015.0024.00
Worst Month-3.59-3.59-5.56
World Regions
Region%
United States2.02
Stock Sector Weighting
Sector% of Equity
Utilities0.50
Consumer Cyclical0.45
Industrials0.36
Communication Services0.23
Financial Services0.22
Energy0.05
Basic Materials0.00
Top 10 Holdings
HoldingSectorCountry% of Assets
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.12% 01/05/2027United States1.55
Ally Financial Inc. 8% 01/11/2031United States1.51
Citigroup Inc Pfd Shs Series -D- United States1.30
Bank of America Corporation 5.88% United States1.29
Intergen NV 7% 30/06/2023Netherlands1.17
NRG Energy, Inc. 5.75% 15/01/2028United States1.05
Ally Financial Inc. 8% 01/11/2031United States1.00
Park Aerospace Holdings Limited 5.5% 15/02/2024Ireland0.96
ZIGGO B.V. 5.5% 15/01/2027Netherlands0.92
Community Health Systems Incorporated 6.25% 31/03/2023United States0.92
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
Fixed Income Style
Large
Interest Rate Sensitivity
Mid
Small
Value
Blend
Growth
Credit Quality
9.12
Closing Price
All key information and documents must be reviewed before being able to Invest.