|Bid Price||-||Offer Price||-|
|Mid Price||GBX 1,200.25||Day Change||GBX +3.17 (0.26%)|
|Price Date||22 Sep 2017||Crown Rating|
|Shares Class||Inc.||Yield||2.50 %|
|Total Expense Ratio||0.00||Fund Size||117,295,371.08|
|Launch Date||14/08/2006||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.40||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BYMFL965||Min TopUp (£)||100,000.00|
Aims to provide income and capital growth. Obtains exposure primarily to UK and international government and corporate bonds. May also invest in emerging market debt and high yield securities. The strategy aims to maintain at least 90% of its currency exposure to sterling. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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 extensive use of derivatives including complex derivative instruments and strategies 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. Income is reinvested in additional shares or paid to shareholders on request. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
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.