Quick Stats

Mid Price GBX 333.70 Day Change GBX +0.50 (0.15%)
Price Date 15 Feb 2019 Crown Rating 3
Shares Class Inc. Yield 0.30 %
Last Ex-Dividend Date 02 July 2018 Dividend Frequency Semi-annually
Sector UK Index Linked Gilts Fund Size 156,213,242.50
Launch Date 23/02/1998 Standard Initial Charge 0.00%
Ongoing cost 0.34% Annual Management Charge 0.25%
ISIN GB0002473683 Sedol 0247368

Fund Objective

Aims to provide income and capital growth Obtains exposure primarily to UK and overseas government index-linked bonds as well as other index-linked bonds. Investments may be made in relation to bonds issued in currencies other than the fund’s denominated currency. Exposure to currencies may be hedged, for example with currency forward contracts. Can invest in relation to bonds issued by governments, companies and other bodies. The fund may make use of derivatives which are consistent with achieving the fund’s objective. This may result in “leverage” by which we mean a level of exposure which could expose the fund to the potential of greater gains or losses than would otherwise be the case. The fund has discretion in its choices of investments within its objectives and policies.

Fund Managers

Ian Fishwick
Ian Fishwick is responsible for managing Fidelity’s sterling bond strategies including separate accounts for institutional investors. Ian has 29 years of investment experience and has worked for Fidelity for the past 9 years. He has been a portfolio manager for over 25 years. Ian has held a range of senior positions within the asset management industry including: Head of UK Fixed Income at Credit Suisse Asset Management, Chief Investment Officer for Sun Life of Canada’s UK asset management business, Head of Fixed Income for Sun Life of Canada, and Portfolio Manager for Confederation Life. He has a Masters Degree in Natural Sciences from Cambridge University and is a Fellow of the Institute of Actuaries.
Timothy Foster
Tim joined Fidelity in 2003. He has been co-manager of the Fidelity Strategic Bond Fund since April 2017. He joined Fidelity as a quantitative analyst and became a portfolio manager of our money market strategies in 2007. Since then, he has widened his portfolio management responsibility beyond short dated portfolios, to now include corporate and inflation linked bonds. Tim has a BA, MSci in Natural Sciences from Cambridge University and is a CFA charter holder. He also has a Certificate in Quantitative Finance.