Fidelity Funds - Global Short Duration Income Fund E-MDIST-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 - Global Short Duration Income Fund a sub-fund of Fidelity Funds E-MDIST-Euro (ISIN: LU0718467177) This fund is managed by FIL Investment Management (Luxembourg) S.A. n The fund aims to provide an attractive income while maintaining an average duration of investments that does not exceed three years. n The fund will invest at least 50% in investment grade bonds, with the balance invested in, but not limited to, high-yielding bonds, which normally carry sub-investment grade ratings, and emerging market bonds. Emerging markets include Latin America, South East Asia, Africa, Eastern Europe (including Russia) and the Middle East, but investments can also be made in other regions. Such balance will not be required to meet minimum credit rating standards. n The fund will invest at least 70% in a portfolio of global bonds, including, but not limited to, investment grade bonds of varying maturities, and high yield bonds and emerging market bonds denominated in various currencies. n The fund can invest in bonds issued by governments, companies and other bodies. n The fund has the freedom to invest outside its principal geographies, market sectors, industries or asset classes. n The fund may invest up to 10% directly in onshore China bonds (with aggregate exposure including direct and indirect investments being less than 30%). 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 without reference to a benchmark. n Income earned by the fund is reinvested in additional shares or paid to shareholders on request. n The fund’s source of income will mainly be generated from coupon payments from bond holdings. 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
N/A
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 18/09/20207.28
Morningstar categoryGlobal Flexible Bond - USD Hedged
CurrencyEUR
Distribution statusDistributing
ISINLU0718467177
Inception Date19/12/2011
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.37% of which 0.60% is paid to MeDirect
Fund management company
AddressFidelity (FIL Inv Mgmt (Lux) S.A.) 2a, rue Albert Borschette Luxembourg L-1246 Luxembourg
Manager NameTimothy Foster
Manager Start Date01/01/2019
Websitewww.fidelity-international.com
Total Net Assets (mil)1,005.57 EUR (31/08/2020)
UCITSYes
AdministratorFIL Investment Management (Lux) S.A

Documents

Prospectus
en 31/12/2019
Annual Report
en 30/04/2020
Semi Annual Report
en 31/10/2019
Morningstar Report
20/09/2020

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-5.47%18/09/2020
3 years1.48%18/09/2020
5 years0.54%18/09/2020
Since launch0.06%18/09/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-5.33
1 month0.92
3 months-3.62
6 months-0.11
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-6.49%4.59%--
20195.18%0.58%5.13%-1.69%
2018-2.56%5.83%1.22%0.41%
20171.45%-3.42%-1.87%-3.47%
2016-1.15%1.17%-0.51%1.70%
Dividend
Date ex dividendGross dividendPayment Date
02/01/20200.0209/01/2020
02/01/20190.0109/01/2019
02/01/20180.0209/01/2018
02/01/20170.0309/01/2017
04/01/20160.0411/01/2016
02/01/20150.0316/01/2015
02/01/20140.0316/01/2014
01/02/20120.0515/02/2012

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond108.34%13.63%94.71%
Cash43.01%43.92%-0.91%
Other6.20%0.00%6.20%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
9.906.116.28
Sharpe Ratio
0.06-0.010.10
Sortino Ratio
0.07-0.010.14
Positive Months5.0018.0029.00
Negative Months7.0018.0031.00
Worst Month-7.92-7.92-7.92
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
Future on 3 Year Australian Treasury Bond 15/09/2020Australia8.26
2 Year Treasury Note Future Sept 20 30/09/2020United States2.06
New York Life Global Funding 2% 22/01/2025United States1.06
GE Cap Funding LLC 3.45% 15/05/2025United States1.02
Mitsubishi UFJ Financial Group, Inc. 3.76% 26/07/2023Japan1.00
Danske Bank A/S 1.38% 24/05/2023Denmark1.00
Westpac Banking Corporation 2.35% 19/02/2025Australia0.99
Mizuho Financial Group Inc. 0.12% 06/09/2024Japan0.98
Roadster FI. DAC 1.62% 09/12/2024Germany0.96
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
No Data Available
7.28
Closing Price
All key information and documents must be reviewed before being able to Invest.