Fidelity Funds - Chartbook.fid-intl.com

Fidelity
Funds
Global Corporate Bond Fund 4
Schedule of Investments as at 31 October 2014
Country
Code Ccy
Shares or
Nominal
Market Value
USD % Net
Assets
Securities Admitted to or Dealt on an Official Stock Exchange
Securities Admitted to or Dealt on an Official Stock Exchange
Energy
IPIC GMTN 5.875% 14/03/2021 Reg S KY EUR 700,000 1,117,256 1.40
Noble Energy 5.25% 15/11/2043 US USD 750,000 813,384 1.02
Schlumberger 3.65% 01/12/2023 LU USD 750,000 783,129 0.98
Valero Energy 6.625% 15/06/2037 US USD 500,000 618,197 0.77
Total 2.125% 18/09/2029 EMTN CA EUR 400,000 511,890 0.64
Marathon Petroleum 4.75% 15/09/2044 US USD 150,000 150,981 0.19
Marathon Petroleum 3.625% 15/09/2024 US USD 150,000 150,596 0.19
Plains All American Pipeline Finance 3.60% 01/11/2024US USD 150,000 150,017 0.19
Vier Gas Transport 3.125% 10/07/2023 EMTN DE EUR 100,000 142,637 0.18
Vier Gas Transport 2.875% 12/06/2025 DE EUR 100,000 140,094 0.18
Enterprise Products Operating 3.75% 15/02/2025 US USD 100,000 100,805 0.13
ONEOK Partners 3.20% 15/09/2018 US USD 50,000 51,515 0.06
4,730,501 5.92
Utilities
Edison 3.875% 10/11/2017 EMTN IT EUR 500,000 687,144 0.86
First Hydro Finance 9.00% 31/07/2021 GB GBP 270,000 578,792 0.72
Electricite de France 5.50% 17/10/2041 EMTN FR GBP 200,000 374,896 0.47
Saudi Electricity 4.00% 08/04/2024 Reg S KY USD 350,000 368,087 0.46
EDP Finance 2.625% 18/01/2022 EMTN NL EUR 180,000 224,427 0.28
San Diego Gas & Electric 4.30% 01/04/2042 US USD 200,000 211,592 0.26
ENW Finance 6.125% 21/07/2021 EMTN GB GBP 75,000 141,742 0.18
Wales & West 6.75% VRN 17/12/2036 EMTN GB GBP 75,000 137,822 0.17
Western Power Dist. South West 5.75% 23/03/2040 GB GBP 50,000 98,282 0.12
2,822,784 3.53
Materials
CRH Finance 3.125% 03/04/2023 IE EUR 600,000 833,922 1.04
Praxair 2.70% 21/02/2023 US USD 750,000 739,677 0.93
Infra Foch 2.125% 16/04/2025 FR EUR 300,000 376,295 0.47
Glencore Australia 4.50% 19/09/2019 MTN AU AUD 350,000 309,156 0.39
International Paper 4.80% 15/06/2044 US USD 300,000 297,847 0.37
LyondellBasell Industries 6.00% 15/11/2021 NL USD 200,000 232,969 0.29
Sinochem Offshore Capital 3.55% 13/05/2017 VG CNY 1,000,000 163,170 0.20
LYB International Finance 4.875% 15/03/2044 NL USD 150,000 155,522 0.19
Rio Tinto Finance (USA) 9.00% 01/05/2019 AU USD 100,000 128,093 0.16
Cobre Del Mayo 0.75% 15/11/2018 Reg S MX USD 125,000 125,866 0.16
Infra Foch 1.25% 16/10/2020 FR EUR 100,000 125,466 0.16
LYB International Finance 4.00% 15/07/2023 NL USD 100,000 103,996 0.13
3,591,979 4.50
Industrials
Eversholt Funding 5.831% 02/12/2020 EMTN GB GBP 400,000 733,551 0.92
General Electric 5.25% 06/12/2017 US USD 300,000 334,300 0.42
Hutchison Whampoa Finance 1.375% 31/10/2021 KY EUR 250,000 313,768 0.39
Illinois Tool Works 3.00% 19/05/2034 EMTN US EUR 200,000 273,800 0.34
Eastern Creation II Investment 3.75% 27/06/2017 EMTNVG CNY 1,500,000 245,460 0.31
General Electric 4.50% 11/03/2044 US USD 200,000 213,944 0.27
PSA International 4.625% 11/09/2019 GMTN SG USD 100,000 110,887 0.14
2,225,710 2.79
Information Technology
International Business Machines 1.875% 01/08/2022 US USD 100,000 92,300 0.12
92,300 0.12
Consumer Discretionary
Delphi 5.00% 15/02/2023 US USD 480,000 514,944 0.64
Christian Dior 1.375% 19/06/2019 FR EUR 300,000 380,627 0.48
Time Warner Cable 5.25% 15/07/2042 US GBP 200,000 360,213 0.45
Time Warner Cable 5.75% 02/06/2031 US GBP 150,000 282,859 0.35
International Game Technology 7.50% 15/06/2019 US USD 250,000 279,908 0.35
General Motors 1.875% 15/10/2019 EMTN NL EUR 200,000 253,011 0.32
ProSiebenSat.1 Media 2.625% 15/04/2021 DE EUR 150,000 194,149 0.24
Continental Rubber 4.50% 15/09/2019 144A US USD 150,000 157,204 0.20
Service Corp International US 5.375% 15/05/2024 US USD 150,000 154,500 0.19
Priceline Group 2.375% 23/09/2024 US EUR 100,000 128,327 0.16
Walt Disney 2.35% 01/12/2022 MTN US USD 100,000 97,209 0.12
Continental 3.125% 09/09/2020 EMTN DE EUR 50,000 69,738 0.09
Daimler 2.375% 08/03/2023 EMTN DE EUR 50,000 68,879 0.09
Wuerth Finance Intl 1.75% 21/05/2020 EMTN NL EUR 50,000 66,170 0.08
Ford Motor 4.75% 15/01/2043 US USD 50,000 51,162 0.06
3,058,900 3.83
Consumer Staples
Coca-Cola HBC Finance 2.375% 18/06/2020 EMTN NL EUR 400,000 529,181 0.66
Imperial Tobacco Finance 5.50% 28/09/2026 EMTN GB GBP 250,000 458,685 0.57
ConAgra Foods 1.90% 25/01/2018 US USD 450,000 448,646 0.56
ConAgra Foods 3.20% 25/01/2023 US USD 399,000 388,329 0.49
Imperial Tobacco Finance 3.375% 26/02/2026 EMTN GB EUR 200,000 276,211 0.35
Imperial Tobacco Finance 2.25% 26/02/2021 EMTN GB EUR 200,000 262,500 0.33
Wal-Mart Stores 4.875% 19/01/2039 US GBP 100,000 189,377 0.24
Tyson Foods 2.65% 15/08/2019 US USD 150,000 151,728 0.19
Reynolds American 3.25% 01/11/2022 US USD 150,000 146,349 0.18
Philip Morris International 6.375% 16/05/2038 US USD 50,000 64,096 0.08
Wal-Mart Stores 5.625% 15/04/2041 US USD 50,000 62,275 0.08
Tyson Foods 4.875% 15/08/2034 US USD 50,000 52,869 0.07
3,030,246 3.79
Healthcare
Merck & Co 2.80% 18/05/2023 US USD 1,000,000 989,057 1.24
Thermo Fisher Scientific 2.40% 01/02/2019 US USD 750,000 752,517 0.94
Country
Code Ccy
A full list of footnotes is given on page 6.
The accompanying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments and in the geographical split is subject
to rounding.
199
Shares or
Nominal
Market Value % Net
USD Assets
Cigna 4.00% 15/02/2022 US USD 650,000 683,664 0.86
McKesson 3.796% 15/03/2024 US USD 350,000 357,660 0.45
Merck & Co 2.50% 15/10/2034 US EUR 200,000 258,704 0.32
McKesson 4.883% 15/03/2044 US USD 200,000 214,033 0.27
McKesson 2.284% 15/03/2019 US USD 200,000 199,703 0.25
Merck & Co 1.875% 15/10/2026 US EUR 150,000 190,641 0.24
Merck & Co 1.125% 15/10/2021 US EUR 150,000 190,370 0.24
Roche Holdings 6.50% 04/03/2021 EMTN US EUR 100,000 169,025 0.21
Pfizer 6.20% 15/03/2019 US USD 125,000 146,130 0.18
McKesson 2.85% 15/03/2023 US USD 100,000 96,802 0.12
4,248,306 5.32
Telecommunication Services
Iliad 4.875% 01/06/2016 FR EUR 400,000 529,981 0.66
UPCB Finance 7.625% 15/01/2020 Reg S KY EUR 400,000 526,180 0.66
Verizon Communications 6.55% 15/09/2043 US USD 364,000 459,340 0.58
KPN 3.25% 01/02/2021 NL EUR 250,000 349,080 0.44
Deutsche Telekom 8.75% 15/06/2030 NL USD 100,000 145,219 0.18
Elisa 2.25% 04/10/2019 EMTN FI EUR 100,000 132,721 0.17
Wind Acquisition Finance 4.00% 15/07/2020 Reg S LU EUR 100,000 123,849 0.16
Verizon Communications 5.85% 15/09/2035 US USD 100,000 115,650 0.14
Verizon Communications 5.15% 15/09/2023 US USD 100,000 111,133 0.14
Qwest 6.75% 01/12/2021 US USD 50,000 57,559 0.07
2,550,712 3.19
Financials
SMFG GBP2 10.231% VRN (Perpetual) Reg S KY GBP 550,000 1,284,439 1.61
Channel Link A3 3.950% FRN 30/06/2050 GB GBP 750,000 1,196,036 1.50
Morgan Stanley 2.375% 23/07/2019 GMTN US USD 1,150,000 1,143,306 1.43
National Westminster Bank 6.50% 07/09/2021 GB GBP 640,000 1,140,524 1.43
Fukoku Mutual Life 6.50% VRN (Perpetual) JP USD 700,000 785,492 0.98
Rabobank 6.875% 19/03/2020 Reg S NL EUR 500,000 747,241 0.94
Lloyds Bank 10.75% VRN 16/12/2021 EMTN GB GBP 400,000 739,200 0.93
Goldman Sachs Group 3.85% 08/07/2024 MTN US USD 700,000 706,670 0.88
Credit Agricole (London) 2.375% 27/11/2020 EMTN FR EUR 500,000 679,095 0.85
Prologis International Fund. II 2.75% 23/10/2018 EMTN LU EUR 500,000 666,771 0.83
Intu SGS Finance 3.875% 17/03/2023 EMTN GB GBP 400,000 654,918 0.82
Hammerson 2.00% 01/07/2022 GB EUR 500,000 648,175 0.81
Channel Link A4 3.559% FRN 30/06/2050 GB EUR 500,000 626,749 0.78
Wendel 5.875% 17/09/2019 FR EUR 400,000 602,152 0.75
Jefferies Group 6.875% 15/04/2021 US USD 500,000 583,725 0.73
Lloyds Bank 4.625% 02/02/2017 EMTN GB EUR 400,000 548,994 0.69
Deutsche Bank 1.25% 08/09/2021 EMTN DE EUR 400,000 503,365 0.63
Investec Bank 9.625% 17/02/2022 EMTN GB GBP 250,000 466,981 0.58
Citigroup 2.375% 22/05/2024 EMTN US EUR 350,000 462,484 0.58
NN Group 4.625% VRN 08/04/2044 NL EUR 350,000 457,078 0.57
Jefferies Group 2.375% 20/05/2020 EMTN US EUR 350,000 448,724 0.56
UNITE USAF II 3.374% 30/06/2023 GB GBP 250,000 398,262 0.50
RBS 5.125% 13/01/2024 GB GBP 200,000 381,499 0.48
PGH Capital 5.75% 07/07/2021 IE GBP 200,000 336,737 0.42
UBS 4.75% VRN 12/02/2026 EMTN CH EUR 250,000 331,252 0.41
Lloyds Banking Group 7.00% VRN (Perpetual) GB GBP 200,000 320,741 0.40
Citigroup 2.125% 10/09/2026 EMTN US EUR 250,000 316,765 0.40
Intesa Sanpaolo 3.928% 15/09/2026 EMTN IT EUR 250,000 314,547 0.39
Society of Lloyd's 5.625% VRN 17/11/2024 GB EUR 200,000 251,273 0.31
Morgan Stanley 4.35% 08/09/2026 GMTN US USD 250,000 250,670 0.31
John Deere Capital 2.80% 27/01/2023 US USD 250,000 247,828 0.31
ICBC 3.40% 11/02/2016 EMTN CN CNY 1,450,000 236,298 0.30
Novo Banco 2.625% 08/05/2017 EMTN PT EUR 200,000 230,958 0.29
HSBC Bank 4.00% 15/01/2021 EMTN GB EUR 150,000 224,828 0.28
Sumitomo Life Insurance 6.50% VRN 20/09/2073 Reg S JP USD 200,000 224,825 0.28
Credit Suisse 6.50% 08/08/2023 Reg S CH USD 200,000 221,047 0.28
Prologis 3.375% 20/02/2024 US EUR 150,000 209,990 0.26
HBOS 4.50% VRN 18/03/2030 EMTN GB EUR 150,000 206,833 0.26
MDC-GMTN B.V. 3.25% 28/04/2022 Reg S NL USD 200,000 204,552 0.26
NongHyup Bank 2.625% 01/11/2018 Reg S KR USD 200,000 202,771 0.25
Nordea Bank 5.50% VRN (Perpetual) 144A SE USD 200,000 201,882 0.25
eSun International Finance 8.375% 24/06/2018 VG CNY 1,170,000 192,982 0.24
Lloyds Bank 5.125% 07/03/2025 EMTN GB GBP 100,000 191,736 0.24
UPP Bond 1 Issuer 4.9023% 28/02/2040 EMTN GB GBP 98,786 173,146 0.22
HSBC Bank 5.375% 22/08/2033 EMTN GB GBP 100,000 172,447 0.22
Telereal Securitisation 4.090% VRN 10/12/2033 GB GBP 100,000 165,265 0.21
Goldman Sachs Group 3.625% 22/01/2023 US USD 150,000 150,632 0.19
Hannover Finance 5.75% VRN 14/09/2040 LU EUR 100,000 146,498 0.18
Nordea Bank 4.50% 26/03/2020 EMTN SE EUR 100,000 144,290 0.18
Credit Suisse 5.75% VRN 18/09/2025 CH EUR 100,000 139,769 0.17
Coface 4.125% 27/03/2024 FR EUR 100,000 136,290 0.17
Prologis 3.00% 02/06/2026 US EUR 100,000 133,801 0.17
GE Capital UK Funding 6.75% 06/08/2018 EMTN IE GBP 70,000 131,120 0.16
Rabobank 11.00% VRN (Perpetual) 144A NL USD 100,000 130,666 0.16
General Electric Capital 4.65% 17/10/2021 MTN US USD 100,000 111,701 0.14
GE Capital UK Funding 4.375% 31/07/2019 EMTN IE GBP 50,000 87,451 0.11
Morgan Stanley 3.75% 21/09/2017 EMTN US EUR 50,000 68,291 0.09
Citigroup 1.44% VRN 30/11/2017 EMTN US EUR 50,000 62,663 0.08
Jefferies Group 5.125% 13/04/2018 US USD 50,000 54,260 0.07
SunTrust Banks 3.50% 20/01/2017 US USD 50,000 52,390 0.07
MetLife 4.125% 13/08/2042 US USD 20,000 19,413 0.02
22,870,488 28.63
Government
Korea 2.75% 10/06/2020 KR KRW 216,000,000 243,027 0.30
Germany 1.00% 22/02/2019 DE EUR 150,000 195,608 0.24
Japan 1.30% 20/03/2021 JP JPY 3,850,000 36,830 0.05
475,465 0.60