Fact sheet: Fidelity Index UK

Fund information
Fund name
Fidelity Index UK A
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Matt Jonessince 30/09/2013
  • Hiten Savanisince 30/09/2013
Fund objective
Aims to achieve long term capital growth by closely matching the performance of the FTSE All-Share Index. Aims to hold the larger company shares that represent the benchmark index and hold a selection of smaller capitalised company shares to align the fund as closely as possible to the benchmark index. May use stock index futures to achieve the investment objective. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is accumulated in the share price. 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. Prior to 1 March 2014 this fund was known as the Fidelity MoneyBuilder UK Index Fund.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Shares
Quick stats
1 Year return
11.9%
1 Year rank in sector
153/272
Sector
UT UK All Companies
Yield
2.3%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.3%
Fund size
£2,424m (£2,104m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
94
Mid price
106.98
Top in this sector
Fund name1 Year
Unicorn UK Growth37%
MI Chelverton UK Equ Grth36.5%
Blackrock Inst Eq UK Sm Cos34%
Stan Life Inv UK Opps33.8%
Elite Webb Cap SmCos Inc&Gth32.9%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK98.9%
    Ireland0.5%
    Spain0.4%
    Not Specified0.1%
    USA0.1%
  • Financials26.5%
    Consumer Goods16.1%
    Oil & Gas11.5%
    Industrials11.3%
    Consumer Services11%
  • UK Equities99%
    Irish Equities0.6%
    Spanish Equities0.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%2%7.6%11.9%34.3%59.6%
Sector3.5%2.7%7.4%13.9%35.3%67.4%
Rank within sector111 / 280170 / 278125 / 277153 / 272142 / 258176 / 242
Quartile2nd3rd2nd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund10.6%15.8%0.8%0.5%20.2%
Sector11.8%11.2%3.7%0.6%25.7%
Rank within sector150 / 27567 / 265196 / 258145 / 252202 / 245
Quartile3rd2nd4th3rd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.5
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.96
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.5
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.2
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.27
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.25
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.88
Price movement
52 week high107.16
52 week low91.1
Current bid price-
Current offer price-
Current mid price106.98
Region
1UK98.9%
2Ireland0.5%
3Spain0.4%
4Not Specified0.1%
5USA0.1%
Industry sector
1Financials26.5%
2Consumer Goods16.1%
3Oil & Gas11.5%
4Industrials11.3%
5Consumer Services11%
6Health Care8.4%
7Basic Materials7.6%
8Telecommunications3.7%
9Utilities3.1%
Asset type
1UK Equities99%
2Irish Equities0.6%
3Spanish Equities0.4%
Individual holdings
1ROYAL DUTCH SHELL7.43%
2HSBC HLDGS6.34%
3BRITISH AMERICAN TOBACCO4.59%
4BP3.59%
5GLAXOSMITHKLINE3.09%
6DIAGEO2.67%
7VODAFONE GROUP2.46%
8ASTRAZENECA PLC2.38%
9UNILEVER2.25%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to achieve long term capital growth by closely matching the performance of the FTSE All-Share Index. Aims to hold the larger company shares that represent the benchmark index and hold a selection of smaller capitalised company shares to align the fund as closely as possible to the benchmark index. May use stock index futures to achieve the investment objective. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is accumulated in the share price. 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. Prior to 1 March 2014 this fund was known as the Fidelity MoneyBuilder UK Index Fund.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Shares
Fund managers
NameSinceBiography
Matt Jones30/09/2013Matt Jones has over 18 years’ investment experience specialising in quantitative analysis and portfolio management. Matt has been involved in the FIRST franchise for the duration of its existence, initially in the role of Quantitative Portfolio Assistant, and has been responsible for the day-to-day management of the FIRST strategies since 2011. Matt was instrumental in the development of the FIRST global strategies, which were launched in 2013. Matt joined Fidelity in 2005 and worked as a Quantitative Analyst / Senior Quantitative Analyst and also in the role of a Senior Research Analyst, providing additional perspective on working with fundamentals-based research analysts. Previously, Matt worked at JPMorgan as a quantitative analyst in the quantitative team which was rated Number 1 in Asia, where his work included the analysis and back testing of fundamental bottom-up research analysts’ stock recommendations. Prior to that, he spent 5 years working at Bankers Trust, a global bottom-up fundamental research-driven asset manager, in the fundamental international equity team. Matt has a Masters degree in Applied Finance, a Bachelor of Commerce in Economics and Business Law and a Postgraduate Diploma in Accounting.
Hiten Savani30/09/2013Hiten Savani has over 13 years of investment experience. He has been closely associated with Fidelity’s range of systematic equity strategies since 2010 when he joined the company as Investment Director. Hiten has been involved with product design and worked closely with our global client base. Formerly a Strategist at Goldman Sachs, Hiten developed strong quantitative skills, a good working knowledge of fundamental research and a keen sense of how to appraise conviction among equity research analysts. Hiten also previously worked in Africa with the United Nations, the World Bank, as well as other organizations on matters of Financial Sector Development. He has a Masters in Financial Economics and a Masters of Physics degree.
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity Index UK A
Initial charge-
Annual charge0.3%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.3%
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price106.98
CurrencyGBX
Price updated23/10/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFI90
Fidelity Index UK I
Initial charge-
Annual charge0.15%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133.56
CurrencyGBX
Price updated23/10/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJP6H
Fidelity Index UK P
Initial charge-
Annual charge0.06%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price130.96
CurrencyGBX
Price updated23/10/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK41T
Fidelity Index UK P Inc
Initial charge-
Annual charge0.06%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.97
CurrencyGBX
Price updated23/10/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOGP
Data provided by

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