• This fund invests in global fixed income securities and global equities.
  • The fund is subject to investment, equities, foreign currency risks, the risks of investing in emerging markets and investing in loans, Real Estate Investment Trusts risks and real estate securities risks. Although the fund will generally invest in income-producing equities, it is not guaranteed that all underlying investments will generate dividends and higher dividend yields generally mean that there will be reduced capital appreciation. This fund may invest in bonds or debt securities which may be subject to credit, liquidity, counterparty and market risks. The fund will invest in investment grade debt securities, which may be subject to ratings downgrades by the rating agencies that may affect the net asset value of the fund. The fund will also invest in non-investment grade bonds and unrated securities which may be subject to greater credit and liquidity risks, and may be more volatile than higher rated securities.
  • This fund can invest in derivative instruments which may involve additional risks (For example, leverage may cause greater volatility).
  • Dividend of certain share classes, at the Board’s discretion, may be 1) paid out of gross income, i.e. the fund may pay dividend effectively out of capital; or 2) paid directly out of capital where the net income generated by the fund is insufficient to pay a distribution as declared (For MCDIST share class, payment will be made out of capital). This will represent a return or withdrawal of part of the amount they originally invested or from any capital gains attributable to the original investment. This may result in an immediate decrease in the fund’s NAV per share.
  • Investors may suffer substantial loss of their investments in the fund and should not invest in the fund solely based on the information provided in this document and should read the prospectus (including potential risks involved) for details.

Fidelity Funds - Global Multi Asset Income Fund A-MINCOME(G)-USD

0.17%
0.016
  • Price date: 16/08/2017
  • Morningstar rating: 3 out of 5 stars
  • Risk rating+: 3

Performance & NAV

Annual performance Total return (%)

<span>Annual performance</span> Total return (%)
2016201520142013201220112010200920082007
6.70-1.332.813.87#------

Morningstar benchmark (%)

Morningstar benchmark (%)
2016201520142013201220112010200920082007
5.78-0.175.4610.6610.680.8510.2320.05-20.329.27

Cumulative return Fund (%)

<span>Cumulative return</span> Fund (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
7.646.047.0510.86-21.01

Morningstar category (%)

Morningstar category (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
7.446.087.938.9929.86-

Morningstar benchmark (%)

Morningstar benchmark (%)
YTD6 mths1 yr3 yrs5 yrsSince Launch
8.466.938.1015.6239.65-

As of 31/07/2017, based on latest unit NAV of most recent calendar month.

Fund details

Investment objective

The fund aims to provide income and moderate capital growth over the medium to longer term by investing in global fixed income securities and global equities. The fund will actively allocate to, and within, different asset classes and geographies based on their potential to generate income and capital growth within the portfolio. The main asset classes in which the fund will invest include global investment grade bonds, global high yield bonds, emerging market bonds and global equities. The fund may tactically invest up to 50% of its assets in global government bonds. It may also have an exposure of up to 30% of its assets to each of the following asset classes, infrastructure securities and real estate investment trusts (REITS). The fund may also invest in UCITS and UCIs. Portfolio information: Within the main asset classes described above the fund may, under normal market conditions, invest up to 100% of its assets in global investment grade bonds, 50% of its assets in emerging market bonds, 50% in global equities, and up to 60% in global high yield bonds. In adverse market conditions the fund may hold more than 10% of its assets in cash or money market instruments (cash and short-term deposits, certificates of deposit and bills, money market funds).

About this fund
Fund details as of31 Jul 2017
Denominated currencyUSD
Fund launch date27 Mar 2013
Class launch date27 Mar 2013
Class launch price10.00 USD
Fund size7,491.72 million
IndexN/A X 100%
Morningstar BenchMarkCat 50%Barclays US Agg TR&50%FTSE Wld TR
Morningstar CategoryUSD Moderate Allocation
Unique Identifiers
ISIN
LU0905234141
Bloomberg ticker
FIGMAMU LX
PhoneXpress code
1491
Fund manager
Fund manager
(Start date)
Eugene Philalithis
(27 Mar 2013)
George Efstathopoulos
(20 May 2016)
Nick Peters
(12 Mar 2013)
Fund Fees
Sale ChargesUp to 5.25%
Annual management feeUp to 1.25%

There are other fees and charges for the fund and please refer to the prospectus for details.

Volatility Measures
R-Squared
-
Beta
-
Alpha
-
3 years standard deviation

As of 31/07/2017

5.68%
Risk rating

As of 28/02/2017

3

Data Source: Morningstar Asia Limited. All fund prices quoted are calculated as at the latest valuation date and are for indication only. The Morningstar sourced information is provided to investor(s) for reference purposes only.

Past performance information is not indicative of future performance. Investors may not get back the full amount invested. Calculation of performance is based on the NAV-to-NAV for the stated period, with dividend reinvested, in denominated currency. These figures show by how much the share class increased or decreased in value during the stated period. Where no past performance is shown there was insufficient data available in that period to calculate performance.

Performance has been calculated in the “Denominated currency” set out in the “About this fund” section in the “Fund details” tab, including ongoing charges and excluding subscription fee and redemption fee you may have to pay.

Payments of dividends out of capital will only be made to seek to maintain a stable payment per share but the payment per share is not fixed. Dividend yield of the fund does not represent the return of the fund, and past dividend yield does not represent future dividend yield. The dividends are not guaranteed.

+

Fund risk ratings shown are calculated based on information as of #{hkweb.fundDetailService.getMaxRetailFundsRiskLevelAsOfDate}. Risk ratings are 1 = Low risk, 2 = Low to Medium risk, 3 = Medium risk, 4 = Medium to High risk, 5 = High risk. Fund risk ratings are generally reviewed on a semi-annual basis.

For more details on Fund risk ratings and its calculation methodology, please refer to the overview.

The fund risk rating is sourced from a methodology developed by Morningstar Investment Management Asia Limited and its affiliates. The fund risk rating is provided to investor(s) for reference purposes only.

#

Since launch date to the end of launch year.

^

Source: Fidelity.

^^

The name of the fund is not indicative of the fund’s performance and return.