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ELITE FITZWILLIAM STRATEGIC BOND - Manager

No Bestinvest rating
Find rated £ strategic bond funds


Average monthly relative returns

Bestinvest MRI

07/08 08/09 09/10 10/11 11/12   3 years 5 years Career 3 years 5 years Career
-1.03%   -0.87% 0.0% 0.0% 0.0%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Fabio Cortes


Manager. Fabio Cortes – Portfolio Manager (Elite Fitzwilliam Strategic Bond Fund)

Fabio Cortes was a Managing Director of Amundi AI in London where he was Portfolio Manager and Senior Investment Analyst focusing on European and Asian hedge fund manager selection with a special emphasis on Fixed Income Arbitrage, Global Macro, Commodity Trading and Systematic Trading strategies. Prior to joining Amundi AI in January 2006, Fabio began his career at the Bank of England in 2000 as a research analyst in the Financial Stability area. In 2003, Fabio moved to the Bank's Foreign Exchange Division as an asset swap dealer and analyst responsible for providing strategy to the active foreign reserve management operations and briefing the UK 's Monetary Policy Committee on developments in fixed income, currency and commodity markets. Fabio has published articles in the Bank of England's Quarterly Bulletin and Financial Stability Review. Fabio graduated from the University of Navarra in 1998 with a BSc (Hons) in Economics. Fabio also earned a Diploma (Higher Education) in Accounting at Hull University in 1999 and a Master's Degree (MSc) in Finance & Investment at Durham University in 2000.

Track record


The track record of Fabio Cortes in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Other funds managed

  Start Date
ELITE FITZWILLIAM STRATEGIC BOND Feb 2011
Periods of worst performance
Absolute -5% (May 2011 - September 2011)
Relative -17% (March 2011 - December 2011)

Sector record since February 2011 (1 yr)


Relative Performance in £ STRATEGIC BOND


Discrete Monthly Returns - 40% Up Months

About the MRI


Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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