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World Bond Fund

Daily Change:
0.24%
0.034
  • Scheme: Fidelity Retirement Master Trust
  • Fund type: Bond Fund
  • Risk/Return rating+: 1

Fund performance

Past 5 calendar years performance (%)

Past 5 calendar years performance (%)
20162015201420132012
1.65-3.912.15-2.205.26

Cumulative performance(%)

Cumulative performance(%)
YTD3 mths1 yr3 yrs5 yrs10 yrsSince Launch
4.801.26-1.462.022.9229.7241.72

Annualised performance(%)

Annualised performance(%)
YTD3 mths1 yr3 yrs5 yrs10 yrsSince Launch
---1.460.670.582.642.48

Dollar cost averaging return*(%)

Dollar cost averaging return*(%)
YTD3 mths1 yr3 yrs5 yrs10 yrsSince Launch
--2.282.802.8910.1117.73

As of 30/09/2017, based on latest unit NAV of most recent calendar month.

Investment objective

The Constituent Fund aims to focus investment into the bond markets of the world, to produce returns that are related to those achieved on the major bond market indices, and to limit the volatility of returns in the short term.

About this fund
Fund details as of30 Sep 2017
Denominated currencyHKD
Launch date08 Jul 2003
Launch price10.00 HKD
Fund sizeHK$827.23 million
Fund descriptorBond Fund - Global
PhoneXpress fund code8008
Fund manager
Fund manager
Rick Patel
Manager start date
01 Jul 2007
Fund fees
Fund expense ratio1.51% (Year 2016)
Volatility measures
Risk indicator++

(3-year standard deviation)

4.36%
Risk/Return rating+1

See other constituent fund(s) of the same fund type

Source: Fidelity/HSBC Institutional Trust Services (Asia) Ltd./Morningstar Asia Ltd., NAV to NAV, in HKD.

Change in NAV since last valuation date.

+

Risk/Return rating is defined using a 5-point risk/return scale as 1 = Lowest risk/return, 2 = Low risk/return, 3 = Medium risk/return, 4 = High risk/return, 5 = Highest risk/return. The risk/return profile for each Constituent Fund is created by FIL Investment Management (Hong Kong) Limited (“Fidelity”), based on its in house analysis, after consideration of the “Risk Factors” described in the Principal Brochure of Fidelity Retirement Master Trust, prevailing market, political, structural, economic and other conditions, and the anticipated asset allocation of each Constituent Fund. The risk/return ratings are provided by Fidelity to investor for reference only and may be subject to change according to regular review (at least once a year) by Fidelity depending on the market conditions without prior notice. Investor should always consider their individual risk and return profile.

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The Performance and NAV charts are shown using daily unit NAV.

*

This is the return achieved through saving the same amount at the end of each month, comparing the total contributions with their current value and expressing the gain or loss as a percentage. Source: Mercer (Hong Kong) Limited.

++

Risk Indicator is measured by the annualised standard deviation of the fund’s monthly rates of return over the past 3 years to the reporting date of the fund factsheet. For constituent funds with less than 3 years of performance history, the risk indicator figure will not be available. Standard Deviation is a measure of the historical performance fluctuation of a mutual fund or portfolio, usually computed using 36 monthly returns. This is to measure how the monthly fund performance movements are away from the average performance. The greater the degree of dispersion, the greater the risk.