| FTSE 250 | 10437.30 | -1.00 % |
| FTSE All Share | 3163.87 | -1.00 % |
| FTSE Euro 100 | 2808.29 | -1.30 % |
| Dow Jones | 12753.45 | -0.80 % |
| Nasdaq | 2438.62 | -0.50 % |
| Hang Seng | 25449.79 | 0.00 % |
| Values delayed by at least 15 minutes. Source:Financial Express |
| Average Monthly Relative Returns | |||||
|---|---|---|---|---|---|
|
0.20% |
0.00% |
0.00% |
-0.10% |
-0.30% |
|
| 03/04 | 04/05 | 05/06 | 06/07 | 07/08 | |
|
-0.20% |
-0.10% |
-0.05% |
74.90% | ||
| 3 yrs | 5 yrs | Career | Career MRI | ||
Ian Spreadbury is a veteran of the fixed income market with a career in the sector spanning over 20 years. He has managed the Fidelity Moneybuilder Income Fund since launch in 1995, over this period the fund has provided consistent outperformance relative to peer group funds. The fund invests predominantly in quality corporate bonds with the option to hold some gilts. His portfolio was defensively positioned for the credit crisis enabling him to protect investors' capital. Corporate bonds are currently pricing in an extremely negative outcome, so the asset class is well placed to outperform cash on a 1-2 year view.