Fidelity Sterling Core Plus Reduced
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 1,027.44||Day Change||GBX -0.51 (-0.05%)|
|Price Date||28 Jun 2016||Crown Rating|
|Shares Class||Inc.||Yield||2.85 %|
|Total Expense Ratio||0.00||Fund Size||0.00|
|Launch Date||30/10/2015||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.00||Sector||IMA UK Equity Income|
|Min Investment (£)||100,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BYMFL858||Min TopUp (£)||100,000.00|
The Fund’s investment objective is to achieve both capital growth and income from a portfolio providing exposure primarily to UK and international government and corporate bonds, emerging market debt and high yield securities. While the Fund will be substantially invested in the Sterling Core Plus Bond Fund, it is the intention through the use of derivatives to adjust interest rate risk such that the returns achieved may be substantially different to those of the Sterling Core Plus Bond Fund.
Andy Weir is the portfolio manager of Fidelity Global Strategic Bond Fund. Andy joined Fidelity in 1997 as a Quantitative Fixed Income Analyst and was promoted to Director of Quantitative Research in 2002. He became a Portfolio Manager in December 2003. Prior to joining Fidelity, Andy spent five years with JP Morgan Investment Management. Andy holds a B. Eng from Nottingham University.