Fidelity (Onshore) MoneyBuilder Corporate Bond Class W Inc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
|---|---|---|---|---|---|
| Fund | 8.3% | -4.2% | -11.7% | 7.1% | 2.7% |
| Sector | 9.0% | -4.2% | -9.1% | 7.4% | 3.2% |
| Rank | 52/89 | 39/89 | 80/92 | 49/94 | 59/96 |
| Quartile | 3 | 2 | 4 | 3 | 3 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
| Fund | -1.0% | 0.1% | 1.3% | |
| Sector | 0.2% | 1.0% | 1.8% | |
| Rank | 73/92 | 65/89 | 52/69 | |
| Quartile | 4 | 3 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| WESTFIELD STRATFORD CITY FINANCE NO 2 PLC 1.642% 08/04/2031 REGS | 2.06 |
| CHANNEL LINK ENTERPRIC FIN PLC 3.043%/VAR 06/30/2050 REGS | 1.94 |
| UPP BOND 1 ISSUER PLC 4.9023% 02/28/2040 REGS | 1.71 |
| HSBC BANK CAPITAL FUNDING STERLING 1 LP 5.844%/VAR PERP REGS | 1.66 |
| ASPIRE DEFENCE FINANCE PLC 4.674% 03/31/2040 | 1.60 |
| LOGICOR 2019-1 UK PLC 1.875% 11/17/2031 REGS | 1.49 |
| METROCENTRE FINANCE PLC VAR 12/06/2028 | 1.49 |
| M&G PLC 5.625%/VAR 10/20/2051 REGS | 1.44 |
| INFORMA PLC 3.125% 07/05/2026 REGS | 1.41 |
| THAMES WATER UTILITY FIN PLC 6.75% 11/16/2028 | 1.38 |
| Total | 16.18 |
Fund Aims
The Fund’s investment objective is to achieve an attractive level of income. The Fund will obtain exposure primarily to sterling-denominated (or hedged back to Sterling) fixed interest securities.
Fund Manager
Shamil Gohil (né Pankhania) joined Fidelity in 2023 and is a portfolio manager responsible for a number of Fidelity’s sterling, global and sustainable investment grade (IG) bond funds. He is a joint-lead Portfolio Manager, alongside Kris Atkinson, on Fidelity Global Corporate Bond, Fidelity Sustainable Climate Bond, Fidelity Sustainable Global Corporate Bond, Fidelity Sustainable Social Bond and Fidelity Blue Transition Bond. He also acts as a co-Portfolio Manager on Fidelity Sustainable MoneyBuilder Income, Fidelity Short Dated Corporate Bond, Fidelity Extra Income and a number of sterling corporate bond funds. Shamil is a key member of Fidelity’s sterling IG strategy team. Prior to Fidelity, Shamil was a credit portfolio manager, Head of UK Credit Solutions and co-Head of Global Fixed Income Solutions at HSBC Global Asset Management where he was lead manager for UK institutional mandates and co-manager of Global and Sterling retail funds. He successfully launched a Climate Transition portfolio with Net Zero ambitions for a decarbonising segregated mandate. Prior to HSBC, Shamil was at BlackRock for over 7 years, most recently as a senior global credit portfolio manager. Shamil started his career at PIMCO where he had wide-ranging exposure to most fixed income asset classes, including investment grade, ABS, high yield, emerging market debt, and rates and FX.
Shamil graduated with a MA (Oxon) in Physics (including an elective in Climate Physics) from the University of Oxford. He has a Diploma in ESG Investment Management and a Certificate in Climate & Investing from CFA UK.
Kris Atkinson joined Fidelity in 2000 and is a portfolio manager responsible for a number of Fidelity’s sterling, global and sustainable investment grade (IG) bond funds. He is the lead manager on Fidelity Sustainable MoneyBuilder Income, Fidelity Short Dated Corporate Bond and Fidelity Extra Income, and acts as a joint-lead manager, alongside Shamil Gohil, on Fidelity Global Corporate Bond, Fidelity Sustainable Climate Bond, Fidelity Sustainable Global Corporate Bond, Fidelity Sustainable Social Bond and Fidelity Blue Transition Bond. Kris is a key member of Fidelity’s sterling IG strategy team and is a Fidelity Sustainability Ambassador across the firm.
Kris became a credit analyst in 2001 and a senior credit analyst in 2010. During this time, he covered a variety of sectors across IG, high yield and emerging markets. He was promoted to portfolio manager in 2013.
Kris has an MA Economics from the University of Cambridge. Investment Management Certificate (I.M.C) & Chartered Financial Analyst (CFA)
Fund Overview
| Mid (02/04/2025) | 97.69p |
| Distribution yield | 5.09% |
| Underlying yield | - |
| Fund size (31/12/2024) | £1493.47m |
| Number of holdings | 309 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.54% |
| Launch date | 05/10/2009 |
Asset Allocation
| UK Corporate Bonds | 52.73% | |
| International Bonds | 25.62% | |
| UK Gilts | 1.65% | |
| Money Market | 1.11% | |
| Cash and Equivalents | 1.10% | |
| Alternative Trading Strategies | -0.46% | |
| Other Assets | 18.24% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| UK Corporate Bonds | 52.73% | |
| International Bonds | 25.62% | |
| UK Gilts | 1.65% | |
| Money Market | 1.11% | |
| Cash and Equivalents | 1.10% | |
| Alternative Trading Strategies | -0.46% | |
| Other Assets | 18.24% |
Bond Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Bonds | 80.00% | - | - | - | |
| Non-Classified | 18.24% | - | - | - | |
| Cash and Equivalents | 2.21% | - | - | - | |
| Alternative Trading Strategies | -0.46% | - | - | - | |
| Alternative Trading Strategies | - | -0.46% | - | - | |
| Alternative Trading Strategies | - | - | -0.46% | - | |
| Alternative Trading Strategies | - | - | - | -0.46% | |
Regional Allocation
| UK | 54.39% | |
| Non-Classified | 24.13% | |
| Developed Europe - Excl UK | 14.04% | |
| North America | 5.03% | |
| Cash and Equivalents | 2.21% | |
| Japan | 0.15% | |
| Developed Asia | 0.03% | |
| Australia & New Zealand | 0.03% |
Fixed Interest Currencies
| Pound Sterling | 76.86% | |
| Non-Fixed Interest Assets | 18.89% | |
| Euro | 3.14% | |
| Cash | 1.10% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| UK | 54.39% | - | |
United Kingdom
|
- | 54.39% | |
| Non-Classified | 24.13% | - | |
| Developed Europe - Excl UK | 14.04% | - | |
France
|
- | 3.61% | |
Spain
|
- | 2.75% | |
Luxembourg
|
- | 2.24% | |
Ireland
|
- | 1.98% | |
Netherlands
|
- | 1.52% | |
Switzerland
|
- | 1.07% | |
Sweden
|
- | 0.84% | |
Finland
|
- | 0.03% | |
| North America | 5.03% | - | |
United States
|
- | 4.73% | |
Canada
|
- | 0.29% | |
| Cash and Equivalents | 2.21% | - | |
| Japan | 0.15% | - | |
Japan
|
- | 0.15% | |
| Developed Asia | 0.03% | - | |
Singapore
|
- | 0.03% | |
| Australia & New Zealand | 0.03% | - | |
Australia
|
- | 0.03% | |
Fixed Interest Maturity Profile
| < 5Yr Maturity |
|
27.50% |
| 5Yr - 10Yr Maturity |
|
19.71% |
| 10Yr - 15Yr Maturity |
|
9.02% |
| > 15Yr Maturity |
|
23.77% |
| Cash And Equivalents |
|
2.21% |
| Unknown Maturity |
|
18.24% |
| Other Asset Types |
|
-0.46% |
Fixed Interest Quality Profile
| AAA |
|
1.66% |
| AA |
|
3.55% |
| A |
|
18.63% |
| BBB |
|
37.36% |
| Sub-Investment Grade |
|
5.11% |
| Unknown Quality |
|
13.70% |
| Cash and Equivalents |
|
2.21% |
| Other Asset Types |
|
17.79% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | WESTFIELD STRATFORD CITY FINANCE NO 2 PLC 1.642% 08/04/2031 REGS | 2.06% | Bonds | United Kingdom |
| 2 | CHANNEL LINK ENTERPRIC FIN PLC 3.043%/VAR 06/30/2050 REGS | 1.94% | Bonds | United Kingdom |
| 3 | UPP BOND 1 ISSUER PLC 4.9023% 02/28/2040 REGS | 1.71% | Bonds | United Kingdom |
| 4 | HSBC BANK CAPITAL FUNDING STERLING 1 LP 5.844%/VAR PERP REGS | 1.66% | Bonds | United Kingdom |
| 5 | ASPIRE DEFENCE FINANCE PLC 4.674% 03/31/2040 | 1.60% | Bonds | United Kingdom |
| 6 | LOGICOR 2019-1 UK PLC 1.875% 11/17/2031 REGS | 1.49% | Bonds | United Kingdom |
| 7 | METROCENTRE FINANCE PLC VAR 12/06/2028 | 1.49% | Bonds | United Kingdom |
| 8 | M&G PLC 5.625%/VAR 10/20/2051 REGS | 1.44% | Bonds | United Kingdom |
| 9 | INFORMA PLC 3.125% 07/05/2026 REGS | 1.41% | Bonds | United Kingdom |
| 10 | THAMES WATER UTILITY FIN PLC 6.75% 11/16/2028 | 1.38% | Bonds | United Kingdom |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B3Z9PT6 |
| Mex Code | - |
| Isin Code | GB00B3Z9PT62 |
| Citi Code | GQM7 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.54% |
Aims and Benchmark
| Aims | The Fund’s investment objective is to achieve an attractive level of income. The Fund will obtain exposure primarily to sterling-denominated (or hedged back to Sterling) fixed interest securities. |
| Benchmark | Merrill Lynch Eurosterling Index (NUK) |
| Benchmark Category | - |
| IA Sector | £ Corporate Bond |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £0.25 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Monthly |
| Distribution Type | Interest |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 January | 28 January |
| 01 February | 28 February |
| 01 March | 28 March |
| 01 April | 28 April |
| 01 May | 28 May |
| 01 June | 28 June |
| 01 July | 28 July |
| 01 August | 28 August |
| 01 September | 28 September |
| 01 October | 28 October |
| 01 November | 28 November |
| 01 December | 28 December |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | J.P. Morgan Trustee and Depositary Company Limited |
| Fund Administrator | Internal |
| Fund Registrar | Internal |
| Fund Custodian | J.P. Morgan Trustee and Depositary Company Limited |
Group Details
| Group name | Fidelity International (Onshore) |
| Group address | Oakhill House 130 Tonbridge Road Hildenborougha Kent TN11 9DZ |
| Group telephone | 0800 41 41 81 |
| Dealing telephone | 0800 41 41 81 |
| brokerline@uk.fid-intl.com | |
| Homepage | www.fidelity.co.uk |
| Fax number | 0800 783 9646 |
Dealing
| Minimum Investment | £500 |
| Minimum Top Up | £250 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.