Quick Stats

Bid Price - Offer Price -
Mid Price GBX 100.18 Day Change GBX 0.00 (0.00%)
Price Date 17 Oct 2017 Crown Rating 1
Shares Class Inc. Yield 0.19 %
Total Expense Ratio 0.40 Fund Size 802,000,000.00
Launch Date 06/10/1992 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.15 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 0.40
ISIN GB00BD1RHT82 Min TopUp (£) 250.00

Fund Objective

Aims to maintain capital value while producing income. Invests in a diversified range of money market instruments, other short-term investments and transferable securities. Instruments will normally be rated A2 long-term or P1 short-term by the credit agency Moody's although an equivalent rating by Standard and Poors or Fitch may be considered. Has the freedom to invest in other short-term instruments of appropriate credit quality. The weighted average maturity of the Fund will generally be under 60 days. Can invest in instruments issued by governments, companies and other bodies.Income is reinvested in additional units or paid to unitholders on request.Units can usually be bought and sold each business day of the Fund.

Fund Managers

Timothy Foster
Tim Foster is a Portfolio Manager within Fidelity International’s London-based fixed income team managing various money market and short-term bond funds. Tim joined Fidelity in 2003 as a Quantitative Analyst and progressed to become a Portfolio Manager in 2007. He has a BA MSc in Natural Sciences from Cambridge University and is a CFA Charterholder. He also has a Certificate in Quantitative Finance.