Fidelity Funds Absolute Return Gbl Fixed Inc A Acc S$
Bond
Recent Price
Fund description
The fund aims to provide a positive absolute return over the medium to long term. The fund invests at least 70% of its assets in below-investment grade and investment grade debt securities, currency instruments, cash and money market instruments, These investments may be from anywhere in the world, including emerging markets and be denominated in any currency. The fund may invest in the following assets according to the percentages indicated: • Listed China onshore bonds, including urban investment bonds (directly and/or indirectly): less than 30% (in aggregate) • credit-linked securities: less than 30% • collateralised and securitised debt instruments: less than 20% • equity-linked securities: less than 10% • hybrids and contingent convertible (CoCo) bonds): less than 30%, with less than 20% in CoCos The fund may also invest in other subordinated financial debt and preference shares. The fund’s largest ten holdings may account for 50% or more of its assets, resulting in portfolio concentration. The fund’s exposure to distressed securities is limited to 10% of its assets. The Investment Manager aims to outperform the benchmark. (For full details of the objective and other considerations please refer to the Prospectus)
Fund Performance
Prices shown are indicative and are usually based on prices of 2-4 dealing days earlier, and may not be exactly the price used for individual trades. Prices and returns on this page may be based on a reference price in a different currency to that of the fund dealing price. Returns experienced by individual clients may differ from those shown below. Clients should not rely on these prices for decision making. Fund prices provided by third-parties. dollarDEX does not guarantee any prices or valuations shown, and accepts no responsibility for their accuracy.
Return
1 week
-0.66
1 month
6 months
1 year
3 years
Since start *
Annualized Return %
1 week
1 month
6 months
1 year
3 years
since start *
Annual Volatility %
1 week
1 month
6 months
1 year
3 years
since start *
Sharpe ratio +
1 week
1 month
6 months
1 year
3 years
since start *
*Since start means from start of data available to dollarDEX and may not coincide with inception of fund.
Performance chart
Fund details
Price frequency | Daily |
Pricing basis | Forward |
Dealing basis (subscriptions) What is this? | T+0 |
Dealing basis (redemptions) What is this? | T+0 |
Sector | All |
Asset class | Bond |
Asset sub-class | Mixed |
Region | Global Peer funds |
Dividend distribution option | NA |
Launch price | SGD 1.0000 |
Price currency [1] | SGD |
Payment currency | SGD,USD |
Investment type | Cash only |
Risk (volatility) What is this? | |
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
0.900% |
Latest bid/NAV price | SGD 1.0480 (2-May-2024) |
Bid price changes from last available price | -0.47% |
Benchmark | SOFR Index |
Minimum initial investment | SGD 1,000 USD 1,000 |
Minimum subsequent investment | SGD 500 USD 500 |
Minimum RSP investment | SGD 100 USD 100 |
1 Usually same as fund dealing currency (refer to prospectus). Some funds have a SGD reference price used by Navigator.
2 Total of fixed annual management and service fees. Check fund prospectus for details including variable performance fees, if any, which may not be included here.