Fidelity Funds
Global Multi Asset Income Fund
Performance as at 31/08/2014
As of 31/08/2014
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).
Fund Information
Fund Manager Eugene Philalithis
Fund Size USD 2,293m
Fixed Income Portfolio
Average Credit Rating BBPortfolio Effective Duration 3.3yrs
Subscription Information
Cash SRS Fund Charges
Annual Management Fee Max. Sales Charge - Cash Month End NAV
A-ACC-USD A-QINC(G)-SGD A-MINC(G)-SGD All share classes
A-QINC(G)-SGD
1.25%
5.25%
USD 11.01
SGD 1.04
SGD 1.01
Bloomberg/ISIN Codes
A-ACC-USD FIGMAAU LX/ LU0905233846
A-QINC(G)-SGD FIGMAQS LX/ LU0905234570
A-MINC(G)-SGD FFAMIGS LX/ LU1084809471
A-ACC: accumulating share class. A-QINC(G)
and A-MINC(G): distributing share classes
(from gross investment income and from
capital on occasion so as to seek to maintain
a stable payment) with quarterly and monthly
pay outs respectively. Distribution amount not
guaranteed.
3 mth 6 mth 1 yr 3 yr 5 yr Since
Inception
A-ACC-USD (NAV-NAV) 1.47% 4.66% 12.16%
Net of 5% sales charge -3.60% -0.57% 6.55% - -
-
6.96%
-
3.19%
A-QINC(G)-SGD (NAV-NAV) 1.05% 3.21% 9.78%
-
-
7.30%
Net of 5% sales charge -
-
3.52%
-4.00% -1.95% 4.29%
Calendar Year Performance
A-ACC-USD (NAV-NAV) A-QINC(G)-SGD (NAV-NAV) 2013 2012 2011 2010 2009
-
-
-
-
-
-
-
-
-
Source: Fidelity, NAV-NAV basis, in the respective currencies, with dividends
re-invested. Average annual compounded return for periods greater than 1 year.
Since Inception performance is calculated from 27.03.13. There is no benchmark
for this fund.
Asset Allocation
Fixed Income Infrastructure assets
Cash
56.9%
6.8%
2.7%
Equities 30.4%
Loans/CLOs 3.2%
REITs0.6%
Sector Allocation - Equities
ETFs9.1%
Financial6.3%
Consumer, Non-cyclical
4.7%
Communications2.8%
Industrial1.9%
Consumer, Cyclical
1.3%
Technology1.2%
Energy1.2%
Utilities1.0%
Basic Materials
0.8%
Diversified
0.2%
Sector Allocation - Fixed Income
Emerging Markets
24.3%
High Yield
17.2%
Treasury10.1%
Investment Grade
4.7%
Derivatives0.6%
FIL Investment Management (Singapore) Limited 8 Marina View #35-06, Asia Square Tower 1 Singapore 018960 | Tel: +65 6511 2200 | Fax: +65 6536 1960
Regional allocation
Top 10 Holdings
Asia ex Japan 32.8%
North America
19.4%
Europe ex UK
15.1%
Emerging Markets (exc Asia)
10.8%
Others11.0%
United Kingdom
6.6%
Japan1.6%
Cash2.7%
ISHARES DJ EURO STOXX SELECT D ISHARES EURO STOXX SEL DIV JOHN LAING INFRASTRUCTURE LTD HICL INFRASTRUCTURE CO LTD 3I INFRASTRUCTURE PLC NEW ZEALAND GOVT 6% 4/15/15
NORWAY GOVT 5% 5/15/15
SOUTH AFRIC 157 13.5 9/15/15 CANADA GOVT 4% 6/01/16
SINGAPORE GOVT 3.75% 9/1/16 4.9%
4.2%
2.6%
1.9%
1.6%
1.2%
1.2%
1.2%
1.2%
1.2%
FIL Investment Management (Singapore) Limited [FIMSL] (Co. Reg. No.: 199006300E) is a responsible entity for the fund in
Singapore. Prospectus of the fund is available from FIMSL or its distributors upon request. Potential investors should read
the prospectus before investing. All views expressed and references to specific securities are included for illustration only,
and should not be construed as an offer or recommendation. This document is for information only and does not have
regard to the specific investment objectives, financial situation and particular needs of the person who may receive it.
Potential investor should seek advice from a financial adviser before investing. If that potential investor chooses not to seek
advice from a financial adviser, he should consider whether the fund is suitable for him. Past performance of the fund is
not indicative of the future performance. Prices can go up and down. The value of the shares of the fund and the income
accruing to them may fall or rise. Investors investing in a fund denominated in a non-local currency should be aware of
exchange rate risk. The fund is not available to US citizens, residents or greencard holders. Fidelity, Fidelity Worldwide
Investment, and the Fidelity Worldwide Investment logo and F symbol are trademarks of FIL Limited.
FIL Investment Management (Singapore) Limited 8 Marina View #35-06, Asia Square Tower 1 Singapore 018960 | Tel: +65 6511 2200 | Fax: +65 6536 1960