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 />
Institutional Global Bond Fund<br />
Schedule of Investments as at 31 October 2012<br />
Country Ccy Shares or Market % Net<br />
Code Nominal Value Assets<br />
EUR<br />
Securities Admitted to or Dealt on an Official Stock Exchange<br />
Energy<br />
Petrohawk Energy 7.25% 15/08/2018 US USD 5,641 4,958 0.37<br />
Korea Resources 4.125% 19/05/2015 KR USD 4,308 3,531 0.26<br />
Valero Energy 6.625% 15/06/2037 US USD 3,066 2,945 0.22<br />
CNOOC Finance 2011 4.25% 26/01/2021 Reg S VG USD 2,453 2,081 0.15<br />
Marathon Oil 2.80% 01/11/2022 US USD 2,606 2,023 0.15<br />
Enbridge Energy Partners 5.20% 15/03/2020 US USD 2,146 1,930 0.14<br />
IPIC GMTN 6.875% 14/03/2026 EMTN KY GBP 920 1,431 0.11<br />
Frontier Oil 6.875% 15/11/2018 US USD 1,702 1,393 0.10<br />
Gaz Capital (Gazprom) 5.364% 31/10/2014 EMTN LU EUR 1,226 1,313 0.10<br />
IPIC GMTN 5.875% 14/03/2021 Reg S KY EUR 1,073 1,261 0.09<br />
Gazprom Int’l (Gazprom) 7.201% 01/02/2020 Reg S LU USD 1,373 1,188 0.09<br />
Plains All American Pipeline 8.75% 01/05/2019 US USD 920 956 0.07<br />
25,010 1.86<br />
Utilities<br />
Edison Spa 3.875% 10/11/2017 EMTN IT EUR 5,212 5,579 0.41<br />
South East Water Finance 5.583% 29/03/2029 GB GBP 2,959 4,283 0.32<br />
First Hydro Finance 9.00% 31/07/2021 GB GBP 2,361 3,572 0.27<br />
Centrica 4.375% 13/03/2029 EMTN GB GBP 2,453 3,294 0.24<br />
ENW Finance 6.125% 21/07/2021 EMTN GB GBP 2,146 3,230 0.24<br />
Wales & West Utilities Fin. 6.75% VRN 17/12/2036 EMTN GB GBP 1,533 2,245 0.17<br />
Centrica 4.25% 12/09/2044 EMTN GB GBP 1,533 1,871 0.14<br />
Western Power Distribution S. West 5.75% 23/03/2040 GB GBP 1,226 1,802 0.13<br />
Eastern Power Networks 6.25% 12/11/2036 EMTN GB GBP 1,134 1,779 0.13<br />
Alli<strong>and</strong>er 2.875% 14/06/2024 EMTN NL EUR 1,686 1,740 0.13<br />
EDP Finance 5.75% 21/09/2017 EMTN NL EUR 1,533 1,571 0.12<br />
Korea Electric Power 5.50% 21/07/2014 Reg S KR USD 1,686 1,391 0.10<br />
Eastern Power Networks 4.75% 30/09/2021 EMTN GB GBP 920 1,281 0.10<br />
Thames Water Utilities Cayman 6.125% 04/02/2013 EMTN KY EUR 1,226 1,243 0.09<br />
PPL Energy Supply 6.50% 01/05/2018 US USD 1,165 1,059 0.08<br />
Yorkshire Water Services 6.375% 19/08/2039 KY GBP 613 1,027 0.08<br />
TXU Europe Funding 7.00% 30/11/2005 (Defaulted)* GB EUR 9,427 0 0.00<br />
36,967 2.75<br />
Materials<br />
Dow Chemical 4.125% 15/11/2021 US USD 6,592 5,560 0.41<br />
Freeport-McMoRan Copper & Gold 3.55% 01/03/2022 US USD 5,580 4,387 0.33<br />
Rio Tinto Finance (USA) 9.00% 01/05/2019 AU USD 2,453 2,606 0.19<br />
Rexam 6.75% 01/06/2013 Reg S GB USD 3,219 2,575 0.19<br />
Arkema 3.85% 30/04/2020 FR EUR 1,840 1,982 0.15<br />
HeidelbergCement Fin Lux 9.50% 15/12/2018 EMTN LU EUR 1,533 1,886 0.14<br />
AngloGold Holdings 5.375% 15/04/2020 GB USD 1,993 1,606 0.12<br />
Akzo Nobel Sweden Finance 2.625% 27/07/2022 EMTN SE EUR 1,380 1,367 0.10<br />
21,969 1.63<br />
Industrials<br />
Great Rolling Stock 6.25% 27/07/2020 EMTN GB GBP 2,299 3,417 0.25<br />
General Electric 5.25% 06/12/2017 US USD 3,526 3,228 0.24<br />
SP Manweb 4.875% 20/09/2027 EMTN GB GBP 2,453 3,148 0.23<br />
HIT Finance 5.75% 09/03/2018 NL EUR 2,759 2,988 0.22<br />
Glencore Finance Europe 4.125% 03/04/2018 LU EUR 2,606 2,787 0.21<br />
Glencore Finance Europe 5.25% 22/03/2017 EMTN LU EUR 2,299 2,561 0.19<br />
PSA International 5.90% 29/06/2016 Reg S SG USD 2,759 2,453 0.18<br />
PSA International 4.625% 11/09/2019 SG USD 2,146 1,896 0.14<br />
Aspire Defence Finance (A) 4.674% 31/03/2040 GB GBP 1,226 1,603 0.12<br />
Rolls-Royce 6.75% 30/04/2019 GB GBP 920 1,444 0.11<br />
Fedex 2.625% 01/08/2022 US USD 1,840 1,433 0.11<br />
Eversholt Funding 5.831% 02/12/2020 EMTN GB GBP 920 1,342 0.10<br />
General Electric 4.125% 09/10/2042 US USD 1,226 984 0.07<br />
Glencore Finance Europe 7.125% 23/04/2015 EMTN LU EUR 307 347 0.03<br />
29,631 2.20<br />
Information Technology<br />
Iliad 4.875% 01/06/2016 FR EUR 3,066 3,287 0.24<br />
Tyco Electronics Group 3.50% 03/02/2022 LU USD 1,840 1,468 0.11<br />
4,755 0.35<br />
Consumer Discretionary<br />
Eutelsat 5.00% 14/01/2019 FR EUR 11,344 13,252 0.99<br />
Time Warner Cable 5.50% 01/09/2041 US USD 2,913 2,613 0.19<br />
Time Warner Cable 4.125% 15/02/2021 US USD 2,913 2,501 0.19<br />
Marks & Spencer 7.125% 01/12/2037 144A GB USD 1,840 1,577 0.12<br />
William Hill 7.125% 11/11/2016 EMTN GB GBP 920 1,259 0.09<br />
Marks & Spencer 6.125% 02/12/2019 EMTN GB GBP 766 1,079 0.08<br />
22,281 1.66<br />
Consumer Staples<br />
Anheuser-Busch InBev 2.875% 25/09/2024 EMTN BE EUR 5,519 5,669 0.42<br />
Wal-Mart Stores 5.625% 15/04/2041<br />
*Security with price determined by the Directors.<br />
US USD 3,526 3,651 0.27<br />
477<br />
Country Ccy Shares or Market % Net<br />
Code Nominal Value Assets<br />
EUR<br />
Coca-Cola 3.30% 01/09/2021 US USD 2,299 1,970 0.15<br />
Procter & Gamble 2.00% 16/08/2022 Reg S US EUR 1,840 1,826 0.14<br />
Procter & Gamble 1.45% 15/08/2016 US USD 2,146 1,700 0.13<br />
Altria Group 9.25% 06/08/2019 US USD 1,557 1,693 0.13<br />
Reynolds American 1.05% 30/10/2015 US USD 1,533 1,184 0.09<br />
Philip Morris International 2.875% 30/05/2024 US EUR 920 948 0.07<br />
Philip Morris International 2.125% 30/05/2019 US EUR 460 474 0.04<br />
19,115 1.42<br />
Healthcare<br />
Unitedhealth Group 2.75% 15/02/2023 US USD 1,226 967 0.07<br />
967 0.07<br />
Tele<strong>com</strong>munication Services<br />
Telefonica Emisiones 5.597% 12/03/2020 EMTN ES GBP 9,198 11,627 0.86<br />
Qwest 6.75% 01/12/2021 US USD 5,212 4,754 0.35<br />
Verizon Communications 5.85% 15/09/2035 US USD 3,832 3,824 0.28<br />
America Movil 5.00% 30/03/2020 MX USD 3,372 3,070 0.23<br />
AT&T 5.875% 28/04/2017 US GBP 1,993 2,912 0.22<br />
Elisa 2.25% 04/10/2019 EMTN FI EUR 2,453 2,470 0.18<br />
Telefonica Emisiones 5.811% 05/09/2017 EMTN ES EUR 2,146 2,356 0.18<br />
AT&T 4.875% 01/06/2044 US GBP 1,686 2,262 0.17<br />
America Movil 3.00% 12/07/2021 MX EUR 2,146 2,215 0.16<br />
Telefonica Emisiones 4.71% 20/01/2020 EMTN ES EUR 1,840 1,871 0.14<br />
AT&T 6.80% 15/05/2036 US USD 1,686 1,796 0.13<br />
AT&T 5.55% 15/08/2041 US USD 1,840 1,792 0.13<br />
Verizon Communications 4.75% 01/11/2041 US USD 1,533 1,384 0.10<br />
Telefonica Emisiones 5.888% 31/01/2014 EMTN ES GBP 613 790 0.06<br />
British Tele<strong>com</strong> 9.625% 15/12/2030 GB USD 153 194 0.01<br />
43,317 3.22<br />
Financials<br />
Imperial Tobacco Finance 7.75% 24/06/2019 EMTN GB GBP 5,825 9,323 0.69<br />
FMS Wertmanagement 1.00% 18/07/2017 EMTN DE EUR 7,358 7,395 0.55<br />
Bank of America 1.50% 09/10/2015 US USD 9,044 6,980 0.52<br />
Sant<strong>and</strong>er International Debt 4.625% 21/03/2016 EMTN ES EUR 5,825 5,955 0.44<br />
Abbey National Treasury Serv. 5.25% 16/02/2029 EMTN GB GBP 3,986 5,945 0.44<br />
JPMorgan Chase & Co 6.00% 15/01/2018 US USD 6,438 5,916 0.44<br />
European Investment Bank 1.75% 15/03/2017 99 USD 7,051 5,644 0.42<br />
RBS 5.75% 21/05/2014 EMTN GB EUR 4,752 5,091 0.38<br />
Bank of America 5.125% 26/09/2014 EMTN US EUR 4,445 4,762 0.35<br />
Barclays Bank 4.25% 12/01/2022 EMTN GB GBP 3,372 4,720 0.35<br />
Barclays Bank 6.75% VRN 16/01/2023 EMTN GB GBP 3,526 4,565 0.34<br />
RBS 5.125% 13/01/2024 GB GBP 3,066 4,545 0.34<br />
ING Verzekeringen 2.088% VRN 21/06/2021 NL EUR 4,599 4,481 0.33<br />
Societe Generale SCF 4.00% 07/07/2016 EMTN FR EUR 3,986 4,429 0.33<br />
Eksportfinans 2.00% 15/09/2015 NO USD 5,978 4,403 0.33<br />
GE Capital UK Funding 4.375% 31/07/2019 EMTN IE GBP 3,219 4,357 0.32<br />
Linde Finance 3.875% 01/06/2021 EMTN NL EUR 3,679 4,234 0.31<br />
Citigroup 4.25% VRN 25/02/2030 EMTN US EUR 4,752 4,069 0.30<br />
Co-Operative Bank (UK) 2.375% 23/10/2015 EMTN GB EUR 3,986 3,974 0.30<br />
Severn Trent Water Utilities Fin. 6.25% 07/06/2029 GB GBP 2,453 3,957 0.29<br />
UBS Stamford 7.625% 17/08/2022 CH USD 4,752 3,952 0.29<br />
JPMorgan Chase & Co 2.00% 15/08/2017 US USD 5,059 3,948 0.29<br />
Axa 5.25% VRN 16/04/2040 EMTN FR EUR 3,986 3,845 0.29<br />
Wells Fargo & Co 2.625% 16/08/2022 EMTN US EUR 3,679 3,740 0.28<br />
SB Capital (SberBank of Russia) 5.125% 29/10/2022 Reg SLU USD 4,752 3,685 0.27<br />
Sant<strong>and</strong>er Issuances 7.30% VRN 27/07/2019 ES GBP 3,066 3,676 0.27<br />
Credit Suisse New York 5.00% 15/05/2013 MTN CH USD 4,292 3,390 0.25<br />
Abbey National Treasury Serv. 5.125% 14/04/2021 EMTN GB GBP 2,299 3,349 0.25<br />
BP Capital Markets 3.83% 06/10/2017 EMTN GB EUR 2,913 3,268 0.24<br />
Korea Eximbank 5.875% 14/01/2015 KR USD 3,832 3,242 0.24<br />
Tesco Property Finance 2 6.052% 13/10/2039 GB GBP 2,216 3,215 0.24<br />
Westfield UK & Europe Fin. 4.25% 11/07/2022 EMTN GB GBP 2,453 3,198 0.24<br />
HSBC Holdings 6.50% 20/05/2024 EMTN GB GBP 1,993 3,194 0.24<br />
Citigroup 3.625% VRN 30/11/2017 EMTN US EUR 3,372 3,143 0.23<br />
John Deere Capital 2.80% 27/01/2023 US USD 3,832 3,072 0.23<br />
Abbey National Treasury Serv. 3.625% 08/09/2016 EMTN GB EUR 2,759 3,019 0.22<br />
Westpac Banking 4.875% 19/11/2019 AU USD 3,372 3,013 0.22<br />
BBVA US Senior Uniper 4.664% 09/10/2015 ES USD 3,832 2,983 0.22<br />
Bankia 5.75% 29/06/2016 EMTN ES EUR 3,066 2,972 0.22<br />
Gatwick Funding Limited 5.75% 23/01/2037 EMTN GB GBP 2,146 2,970 0.22<br />
BNP Paribas 2.50% 23/08/2019 EMTN FR EUR 2,913 2,952 0.22<br />
Sumitomo Mitsui Banking 4.85% 01/03/2022 JP USD 3,372 2,940 0.22<br />
Well<strong>com</strong>e Trust Finance 4.75% 28/05/2021 GB GBP 1,993 2,924 0.22<br />
American International Group 6.797% 15/11/2017 US EUR 2,299 2,742 0.20<br />
Marsh & McLennan 4.80% 15/07/2021 US USD 3,066 2,698 0.20<br />
JPMorgan Chase & Co 2.75% 24/08/2022 EMTN US EUR 2,606 2,652 0.20<br />
American Tower 4.70% 15/03/2022 US USD 3,066 2,609 0.19<br />
Citigroup 4.587% 15/12/2015 US USD 3,066 2,578 0.19<br />
ORIX 5.00% 12/01/2016 JP USD 2,913 2,427 0.18<br />
National Agricultural 4.25% 28/01/2016 Reg S KR USD 2,913 2,409 0.18<br />
Motability Operations Group 3.75% 29/11/2017 EMTN GB EUR 2,146 2,372 0.18<br />
UniCredit 6.95% 31/10/2022 Reg S IT EUR 2,299 2,317 0.17<br />
The ac<strong>com</strong>panying notes to the financial statements form an integral part of these financial statements. The percentage of net assets in the schedule of investments <strong>and</strong> in the geographical split is subject to rounding.
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