Semi-Annual Report and Accounts - chartbook.fid-intl.com
Semi-Annual Report and Accounts - chartbook.fid-intl.com
Semi-Annual Report and Accounts - chartbook.fid-intl.com
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Fidelity<br />
Funds<br />
Fidelity Target 2020 (Euro) Fund 4 - continued<br />
Schedule of Investments as at 31 October 2012<br />
Country Ccy Shares or Market % Net<br />
Code Nominal Value Assets<br />
EUR<br />
Intergroup Financial Services PE USD 635 15,893 0.01<br />
Ageas Hybrid Financing 5.125% VRN (Perpetual) LU EUR 21,079 15,045 0.01<br />
Credit Agricole 7.875% VRN (Perpetual) FR EUR 15,546 15,036 0.01<br />
UPCB Finance II 6.375% 01/07/2020 Reg S KY EUR 14,466 14,997 0.01<br />
BNP Paribas 5.945% VRN (Perpetual) FR GBP 16,073 14,773 0.01<br />
Marwyn Management Partners GB GBP 37,121 14,772 0.01<br />
Lloyds TSB Bank 7.625% 22/04/2025 EMTN GB GBP 11,046 14,768 0.01<br />
Societe Generale 4.196% VRN (Perpetual) FR EUR 20,289 14,640 0.01<br />
RBS Group 7.092% VRN (Perpetual) GB EUR 17,917 14,175 0.01<br />
RBS 9.50% VRN 16/03/2022 EMTN GB USD 15,810 14,003 0.01<br />
RSF (Russian St<strong>and</strong>ard Bank) 9.25% 11/07/2017 Reg S LU USD 17,522 13,985 0.01<br />
Kasikornbank (F) TH THB 3,084 13,864 0.01<br />
Reinet Investments SCA LU ZAR 10,095 13,719 0.01<br />
ATF Capital 10.00% VRN (Perpetual) NL USD 21,303 13,385 0.01<br />
Wing Tai Holdings SG SGD 12,162 13,248 0.01<br />
Kuznetski Cap. (Bank of Moscow) 6.02% VRN 10/05/2017 LU USD 16,929 13,182 0.01<br />
Bank of Scotl<strong>and</strong> CF 6.059% VRN (Perpetual) Reg S GB GBP 13,175 13,129 0.01<br />
RBS Capital Trust (C) 4.243% VRN (Perpetual) US EUR 19,894 12,778 0.01<br />
First Bank of Nigeria NG NGN 158,584 12,609 0.01<br />
RSHB (Russian Agri. Bank) 8.70% 17/03/2016 EMTN LU RUB 487,460 12,403 0.00<br />
Eurasia Capital (HCFB) 9.375% 24/04/2020 Reg S LU USD 15,414 12,209 0.00<br />
Crown Newco 3 8.875% 15/02/2019 Reg S GB GBP 9,525 12,035 0.00<br />
Country Garden Holdings 2.50% 22/02/2013 KY CNY 77,730 11,581 0.00<br />
Intesa Sanpaolo 5.25% 28/01/2022 EMTN IT GBP 9,617 11,471 0.00<br />
HSBC Bank Funding Sterling 5.844% VRN (Perpetual) GB GBP 10,144 11,367 0.00<br />
Alfa Bank (Alfa Bond) 7.75% 28/04/2021 Reg S IE USD 13,438 11,333 0.00<br />
Barclays Bank 4.875% VRN (Perpetual) EMTN GB EUR 16,600 11,290 0.00<br />
BBVA Sub Capital Unipers 5.75% VRN 11/03/2018 EMTN ES GBP 9,881 11,046 0.00<br />
Wing Hang Bank HK HKD 1,348 10,977 0.00<br />
British Insurance Holdings 6.625% VRN 09/12/2030 NL GBP 13,175 10,855 0.00<br />
Investec Bank 9.625% 17/02/2022 EMTN GB GBP 7,905 10,598 0.00<br />
RSF (Russian St<strong>and</strong>ard Bank) 10.75% 10/04/2018 144A LU USD 13,175 10,436 0.00<br />
Amata (F) TH THB 26,989 10,400 0.00<br />
HBOS 4.875% 20/03/2015 EMTN GB EUR 10,013 10,204 0.00<br />
Eksportfinans 5.50% 25/05/2016 NO USD 12,516 10,046 0.00<br />
Natixis 6.307% VRN (Perpetual) FR EUR 13,175 9,742 0.00<br />
Aviva 4.729% VRN (Perpetual) GB EUR 10,540 9,720 0.00<br />
Argon Capital (RBS) 8.162% VRN (Perpetual) EMTN IE GBP 13,240 9,385 0.00<br />
Alfa Bank (Alfa Bond) 6.30% VRN 22/02/2017 IE USD 12,142 9,321 0.00<br />
Smurfit Kappa Acquisitions 5.125% 15/09/2018 Reg S IE EUR 8,827 9,090 0.00<br />
Bank of Scotl<strong>and</strong> CF 7.754% VRN (Perpetual) Reg S GB GBP 8,432 9,089 0.00<br />
Sant<strong>and</strong>er Issuances 7.30% VRN 27/07/2019 ES GBP 7,510 9,003 0.00<br />
Society of Lloyd’s 7.421% VRN (Perpetual) GB GBP 7,114 8,650 0.00<br />
Barclays Bank 6.00% VRN (Perpetual) GB GBP 9,170 8,599 0.00<br />
Numericable Finance 12.375% 15/02/2019 Reg S LU EUR 7,378 8,533 0.00<br />
Wendel 5.875% 17/09/2019 EMTN FR EUR 8,168 8,411 0.00<br />
UniCredit 6.375% VRN 16/10/2018 EMTN IT GBP 7,510 8,230 0.00<br />
Direct Line Insurance Group 9.25% VRN 27/04/2042 GB GBP 5,929 8,191 0.00<br />
CSFB (EXIM of Ukraine) 5.793% VRN 09/02/2016 GB USD 11,857 7,861 0.00<br />
Ho Bee Investment SG SGD 8,317 7,733 0.00<br />
Equity Bank KE KES 34,602 7,596 0.00<br />
Barclays Bank 4.75% VRN (Perpetual) EMTN GB EUR 11,646 7,525 0.00<br />
Aviva 5.902% VRN (Perpetual) GB GBP 7,312 7,507 0.00<br />
Vozrozhdenie Bank RU USD 546 7,390 0.00<br />
Danske Bank 5.684% VRN (Perpetual) EMTN DK GBP 6,456 7,235 0.00<br />
Credit Agricole 4.13% VRN (Perpetual) FR EUR 9,222 7,230 0.00<br />
Assicurazioni Generali 6.416% VRN (Perpetual) IT GBP 8,168 7,225 0.00<br />
Broadgate Financing 1.504% FRN 05/01/2022 GB GBP 7,020 7,175 0.00<br />
LBG Capital No.1 6.439% 23/05/2020 GB EUR 7,641 7,144 0.00<br />
Numericable Finance 8.065% FRN 15/10/2018 Reg S LU EUR 7,114 7,124 0.00<br />
National Westminster Bank 6.50% 07/09/2021 GB GBP 5,270 6,611 0.00<br />
Mutual Securitisation 7.587% 30/09/2022* IE GBP 8,151 6,544 0.00<br />
Eksportfinans 3.00% 17/11/2014 NO USD 7,905 6,067 0.00<br />
Credit Agricole 5.00% VRN (Perpetual) FR GBP 6,355 5,929 0.00<br />
Unique Pub Finance 5.659% 30/06/2027 GB GBP 5,270 5,699 0.00<br />
Aviva 6.125% VRN (Perpetual) GB GBP 5,270 5,682 0.00<br />
Numericable Finance 8.75% 15/02/2019 Reg S LU EUR 5,402 5,524 0.00<br />
Novae Group 6.50% 27/04/2017 GB GBP 4,506 5,394 0.00<br />
Commerzbank 6.375% 22/03/2019 EMTN DE EUR 5,402 5,353 0.00<br />
Commerzbank 7.75% 16/03/2021 EMTN DE EUR 5,270 5,267 0.00<br />
BSPB Fin. (Bk St Petersb) 7.63% VRN 25/07/2017 EMTN IE USD 7,193 5,120 0.00<br />
Barclays Bank 2.062% FRN (Perpetual) GB GBP 7,905 5,112 0.00<br />
PSB Finance (Promsvyazbank) 8.50% 25/04/2017 Reg S LU USD 6,587 5,105 0.00<br />
Diamond Bank NG NGN 253,747 5,066 0.00<br />
BNP Paribas 4.73% VRN (Perpetual) FR EUR 5,797 4,963 0.00<br />
BNP Paribas 5.019% VRN (Perpetual) FR EUR 5,533 4,720 0.00<br />
BPCE 4.75% VRN (Perpetual) FR EUR 7,905 4,513 0.00<br />
RBS Group 5.25% (Perpetual) GB EUR 6,587 4,433 0.00<br />
Chinatrust Financial Holding TW TWD 10,215 4,309 0.00<br />
Paragon Entertainment* GB GBP 51,815 4,188 0.00<br />
KWG Property Holding HK HKD 7,876 3,582 0.00<br />
Skye Bank NG NGN 177,416 3,551 0.00<br />
Hypo Real Int’l Trust I 5.864% (Perpetual) US EUR 10,408 3,187 0.00<br />
Krung Thai Bank (F) TH THB 6,951 3,143 0.00<br />
Ziggo Bond 8.00% 15/05/2018 Reg S NL EUR 2,635 2,895 0.00<br />
RBS Group 7.648% VRN (Perpetual) GB USD 3,689 2,822 0.00<br />
Lloyds TSB Bank 6.50% 24/03/2020 EMTN GB EUR 2,635 2,786 0.00<br />
Unicredit Int’l Bank 8.125% VRN (Perpetual) LU EUR 2,635 2,403 0.00<br />
Security Bank PH PHP 661 2,007 0.00<br />
349<br />
Country Ccy Shares or Market % Net<br />
Code Nominal Value Assets<br />
EUR<br />
Boparan Finance 9.875% 30/04/2018 Reg S GB GBP 1,317 1,797 0.00<br />
Credit Logement 0.852% FRN (Perpetual) FR EUR 2,319 1,430 0.00<br />
Blue Ocean Res. 11.00% 28/06/2012 Reg S (Defaulted) SG USD 3,952 1,082 0.00<br />
BTA Bank 0.00% 30/06/2020 Reg S (Defaulted) KZ USD 1,202 115 0.00<br />
BTA Bank 7.20% 01/07/2025 Reg S (Defaulted) KZ USD 132 7 0.00<br />
BTA Bank GDR KZ USD 3 3 0.00<br />
Cattles 7.125% 05/07/2017 (Defaulted)* GB GBP 10,144 0 0.00<br />
48,288,032 19.32<br />
Government<br />
Germany 2.25% 04/09/2021 DE EUR 16,201,208 17,509,848 7.01<br />
Germany 0.50% 07/04/2017 DE EUR 5,346,632 5,375,098 2.15<br />
Germany 1.75% 04/07/2022 DE EUR 2,700,266 2,777,704 1.11<br />
Italy 4.25% 01/03/2020 IT EUR 2,599,531 2,597,286 1.04<br />
Italy 3.00% 15/06/2015 IT EUR 2,374,687 2,392,123 0.96<br />
France 3.00% 25/04/2022 FR EUR 1,714,888 1,841,481 0.74<br />
Spain 5.85% 31/01/2022 ES EUR 1,637,947 1,665,206 0.67<br />
Italy 5.00% 01/03/2022 IT EUR 1,511,416 1,544,560 0.62<br />
Germany 3.25% 04/07/2042 DE EUR 1,176,254 1,424,285 0.57<br />
Italy 4.00% 01/02/2017 IT EUR 1,214,468 1,241,630 0.50<br />
Spain 3.25% 30/04/2016 ES EUR 1,225,308 1,201,388 0.48<br />
Germany 2.50% 27/02/2015 DE EUR 897,985 949,043 0.38<br />
Italy 5.00% 01/09/2040 IT EUR 977,104 909,918 0.36<br />
Sweden 3.75% 12/08/2017 SE SEK 6,609,781 866,919 0.35<br />
Spain 4.30% 31/10/2019 ES EUR 666,508 639,100 0.26<br />
Irel<strong>and</strong> 5.50% 18/10/2017 IE EUR 524,089 574,026 0.23<br />
Italy 4.50% 15/07/2015 IT EUR 545,641 569,443 0.23<br />
Spain 4.75% 30/07/2014 ES EUR 535,708 551,822 0.22<br />
Germany 3.25% 04/07/2015 DE EUR 507,231 549,931 0.22<br />
Germany 3.50% 04/07/2019 DE EUR 378,643 443,254 0.18<br />
Germany 1.75% 09/10/2015 DE EUR 382,075 400,407 0.16<br />
Spain 4.00% 30/07/2015 ES EUR 375,312 380,755 0.15<br />
Finl<strong>and</strong> 3.375% 15/04/2020 FI EUR 227,323 260,502 0.10<br />
Pol<strong>and</strong> 3.375% 09/07/2024 EMTN PL EUR 247,951 253,272 0.10<br />
Belgium 4.00% 28/03/2032 BE EUR 223,662 248,339 0.10<br />
France 4.50% 25/04/2041 FR EUR 191,522 239,903 0.10<br />
Netherl<strong>and</strong>s 2.25% 15/07/2022 NL EUR 208,462 218,051 0.09<br />
France 4.00% 25/04/2055 FR EUR 137,958 161,345 0.06<br />
UK Treasury 5.00% 07/03/2025 GB GBP 97,876 160,647 0.06<br />
Germany 1.50% 15/03/2013 DE EUR 102,235 102,787 0.04<br />
UK Treasury 4.50% 07/03/2013 GB GBP 52,698 66,503 0.03<br />
Spain 4.20% 30/07/2013 ES EUR 52,698 53,439 0.02<br />
Finl<strong>and</strong> 2.75% 04/07/2028 FI EUR 31,903 34,009 0.01<br />
Franz Haniel & Cie 6.25% 08/02/2018 DE EUR 11,857 12,995 0.01<br />
Portugal 4.80% 15/06/2020 PT EUR 11,462 9,351 0.00<br />
48,226,370 19.30<br />
Closed Ended Fund<br />
Marwyn Value Investors GB GBP 24,608 38,634 0.02<br />
Oakley Capital Investments BM GBP 18,782 31,648 0.01<br />
Loudwater Trust GB GBP 39,140 15,575 0.01<br />
Frasers Commercial Trust SG SGD 14,207 11,135 0.00<br />
Marwyn Value Investors (B)* GB GBP 5,287 3,945 0.00<br />
100,937 0.04<br />
Equity Linked Notes<br />
BNP (Kweichow Moutai (A)) ELN 20/08/2013 CN USD 843 25,770 0.01<br />
UBS (Inner Mongolia Baotou Steel (A)) ELN 11/08/2014 CN USD 4,300 15,123 0.01<br />
BNP (Wuliangye Yibin (A)) ELN 20/08/2013 NL USD 3,496 14,513 0.01<br />
BNP (China Int’l Travel Services (A)) ELN 08/10/2013 NL USD 1,339 5,036 0.00<br />
UBS (Lijiang Yulong Tourism (A)) ELN 08/10/2013 GB USD 1,770 4,287 0.00<br />
64,729 0.03<br />
Securities Admitted to or Dealt on Other Regulated Markets<br />
Energy<br />
Eurasia Drilling GDR CY USD 9,579 255,500 0.10<br />
NovaTek OAO GDR RU USD 837 73,573 0.03<br />
Afren 11.50% 01/02/2016 Reg S GB USD 15,546 13,770 0.01<br />
PSOS Finance 12.00% 06/10/2015 KY USD 14,593 11,335 0.00<br />
Expro Finance Luxembourg 8.50% 15/12/2016 144A LU USD 285 225 0.00<br />
MPF 10.00% 08/05/2013 (Defaulted)* BM USD 9,222 0 0.00<br />
Viking Drilling 0.00% 20/12/2012 (Defaulted)* NO USD 1,562 0 0.00<br />
354,403 0.14<br />
Utilities<br />
Infinis 9.125% 15/12/2014 Reg S GB GBP 38,939 49,209 0.02<br />
Intergen 9.00% 30/06/2017 144A NL USD 29,116 21,324 0.01<br />
70,533 0.03<br />
Materials<br />
Ineos Group Holdings 7.875% 15/02/2016 Reg S LU EUR 43,344 41,587 0.02<br />
Cementos Argos CO COP 9,798 37,503 0.02<br />
Lafarge Shui on Cement 9.00% 14/11/2014 Reg S HK CNY 177,067 23,296 0.01<br />
Uralkali GDR RU USD 551 16,658 0.01<br />
Norcell Sweden Holding 2 10.75% 29/09/2019 Reg S SE EUR 15,414 16,636 0.01
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