Last Updated: 24 Jul 2026 7:30:18 AM(Singapore Time)
FIXED INCOMEGENERALGLOBAL
FIDELITY GLOBAL BOND A-USD
FIDELITY INTERNATIONAL
USD 1.038
Latest NAV Price.
Fund Objective
Invests in global markets to maximise performance measured in US Dollars. The fund may invest its net assets directly in onshore China fixed income securities listed or traded on any Eligible Market in China.
2022 | 2021 | 2020 |

  • The fund is managed with a multi-strategy approach utilising three sources of returns: asset allocation, interest positioning, and credit selection. Focus is on total returns rather than income or yield.
  • Seeks to outperform the Bloomberg Barclays Global Aggregate Index by 1% p.a. with a tracking error of 200bps. Duration often comes within +/- 1.5 years of the benchmark. Follows an active and contrarian approach to investing, with defensive return profile, no style biases and is able to deliver alpha across a range of market conditions.
  • Typical number of issuers in portfolio range from 150-250 and the fund may invest in out-of-index strategies such as high yield, emerging market, and a range of derivatives. As of 31 March 2022, the fund is well diversified with 239 holdings in its portfolio.
  • The fund remains highly selective, with a preference for high-quality issuers that it has a constructive view on. It also continues to keep a careful eye on portfolio liquidity to ensure flexibility to act during periods of market stress.

Fund Investment Style



Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2022

Recommended fund

3-year Annualised return

3-year Maximum drawdown

3-year Downside Deviation

3-year Sortino ratio

Fidelity Global Bond A-USD

1.3%

-11.1%

3.2%

-0.36

Peer Average

1.2%

-11.8%

4.4%

-0.28

Source: Bloomberg Finance L.P., iFAST Compilations
Monthly total returns including gross dividends in SGD terms as of 31 Mar 2022

About the Fund Managers

The fund is managed by Rick Patel since 31 August 2016 with Ario Emami Nejad as the Co-Portfolio Manager. He leads the global fixed income investment team comprised of 130 professionals, with constant interaction through close proximity, leveraging off the full expertise to generate insights for all strategy decisions, credit analysis, risk allocation and trade ideas.

This global team keeps abreast of market intelligence, flows, and liquidity, developing proprietary models and ratings on an issuer’s fundamentals and the valuation of its bond. The fund follows an active, nimble and carefully contrarian approach to investing.

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Note

All materials and contents found in this Site are strictly for information purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found in this Site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this Site is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase into are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the unit trusts and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. Please read our fulldisclaimer in the website.

Payment Method
Included under CashYes
Included under SRSNo
Included under CPFIS-OANo
Included under CPFIS-SANo
Buy Processing Flow
Order Placement
24 Jul 2026
Order Transact
24 Jul 2026
Complete to Holdings
30 Jul 2026
Sell Processing Flow
Order Placement
24 Jul 2026
Order Transact
24 Jul 2026
Paid Out
31 Jul 2026
Risk Metric
3 YR Annualised Volatility 6.85%
3 YR Sharpe Ratio -0.09
1 YR Max Drawdown -4.07%
3 YR Max Drawdown -7.71%
Upcoming Fund HolidaysMORE
There are no upcoming fund holidays for this fund.
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