WESTFIELD STRATFORD CITY FINANCE NO 2 PLC 1.642% 08/04/2031 REGS
1.72
CHANNEL LINK ENTERPRIC FIN PLC 3.043%/VAR 06/30/2050 REGS
1.66
HEATHROW FDG 6.45/VAR 12/31 RGS
1.46
HSBC BANK FND 5.844%/VRN PERP
1.45
METROCENTRE FINANCE PLC VAR 12/06/2028
1.36
DIGNITY FINANCE PLC 3.5456% 12/31/2034 REGS
1.34
LOGICOR 2019-1 UK PLC 1.875% 11/17/2031 REGS
1.25
4¼% Treasury Gilt 2040
1.25
PRUDENTIAL PLC 5.625%/VAR 10/20/2051 REGS
1.23
ASPIRE DEFENCE FINANCE PLC 4.674% 03/31/2040
1.23
Total
13.94
Fund Aims
The Fund’s investment objective is to achieve an attractive level of income. The Fund will obtain exposure primarily to sterling-denominated (or hedged back to Sterling) fixed interest securities.
Fund Manager
Shamil Pankhaniamanager
for
1 years
and 2 months
TBC
Kristian Atkinsonmanager
for
5 years
and 4 months
TBC
Sajiv Vaidmanager
for
5 years
and 4 months
Sajiv Vaid joined Fidelity in 2015 and is co-Portfolio Manager on the MoneyBuilder Income and Extra Income Funds.
After graduation, Sajiv joined Gerrard Group (1994-1997) as a trainee bond fund manager, joining Fuji Investments as a fully fledged bond fund manager in 1997, where he managed global fixed income portfolios. In 2001, he joined Royal London Asset Management where he managed their flagship retail and institutional corporate funds.
Sajiv graduated from the University of Hull in 1991 in Economic & Social History and holds an MA in Modern International Studies from University of Leeds.
Fund Overview
Mid (03/05/2024)
98.03p
Distribution yield
4.99%
Underlying yield
-
Fund size (31/01/2024)
£1724.88m
Number of holdings
266
Entry Charge
0.00%
Ongoing Charges
0.54%
Launch date
05/10/2009
Asset Allocation
UK Corporate Bonds
59.67%
International Bonds
23.92%
UK Gilts
3.13%
Cash and Equivalents
1.46%
Alternative Trading Strategies
0.21%
Other Assets
11.62%
Portfolio data accurate as at: 31/01/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
UK Corporate Bonds
59.67%
International Bonds
23.92%
UK Gilts
3.13%
Cash and Equivalents
1.46%
Alternative Trading Strategies
0.21%
Other Assets
11.62%
Bond Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Bonds
86.71%
-
-
-
Non-Classified
11.62%
-
-
-
Cash and Equivalents
1.46%
-
-
-
Alternative Trading Strategies
0.21%
-
-
-
Alternative Trading Strategies
-
0.21%
-
-
Alternative Trading Strategies
-
-
0.21%
-
Alternative Trading Strategies
-
-
-
0.21%
Regional Allocation
UK
62.80%
Non-Classified
18.10%
Developed Europe - Excl UK
13.98%
North America
3.67%
Cash and Equivalents
1.46%
Fixed Interest Currencies
Pound Sterling
81.10%
Non-Fixed Interest Assets
11.82%
Euro
5.25%
Cash
1.46%
US Dollar
0.37%
Regional Breakdown
Expand allCollapse all
Region
Country
UK
62.80%
-
United Kingdom
-
62.80%
Non-Classified
18.10%
-
Developed Europe - Excl UK
13.98%
-
France
-
3.13%
Netherlands
-
2.67%
Ireland
-
1.85%
Denmark
-
1.70%
Spain
-
1.47%
Luxembourg
-
1.07%
Switzerland
-
0.82%
Germany
-
0.66%
Sweden
-
0.36%
Italy
-
0.26%
North America
3.67%
-
United States
-
3.39%
Canada
-
0.28%
Cash and Equivalents
1.46%
-
Fixed Interest Maturity Profile
< 5Yr Maturity
19.28%
5Yr - 10Yr Maturity
26.61%
10Yr - 15Yr Maturity
14.64%
> 15Yr Maturity
26.19%
Cash And Equivalents
1.46%
Unknown Maturity
11.62%
Other Asset Types
0.21%
Fixed Interest Quality Profile
AAA
1.56%
AA
6.37%
A
19.81%
BBB
36.61%
Sub-Investment Grade
2.01%
Unknown Quality
20.36%
Cash and Equivalents
1.46%
Other Asset Types
11.82%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
WESTFIELD STRATFORD CITY FINANCE NO 2 PLC 1.642% 08/04/2031 REGS
1.72%
Bonds
United Kingdom
2
CHANNEL LINK ENTERPRIC FIN PLC 3.043%/VAR 06/30/2050 REGS
1.66%
Bonds
United Kingdom
3
HEATHROW FDG 6.45/VAR 12/31 RGS
1.46%
Bonds
United States
4
HSBC BANK FND 5.844%/VRN PERP
1.45%
Bonds
United Kingdom
5
METROCENTRE FINANCE PLC VAR 12/06/2028
1.36%
Bonds
United Kingdom
6
DIGNITY FINANCE PLC 3.5456% 12/31/2034 REGS
1.34%
Bonds
United Kingdom
7
LOGICOR 2019-1 UK PLC 1.875% 11/17/2031 REGS
1.25%
Bonds
United Kingdom
8
4¼% Treasury Gilt 2040
1.25%
Bonds
United Kingdom
9
PRUDENTIAL PLC 5.625%/VAR 10/20/2051 REGS
1.23%
Bonds
United Kingdom
10
ASPIRE DEFENCE FINANCE PLC 4.674% 03/31/2040
1.23%
Bonds
United Kingdom
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B3Z9PT6
Mex Code
-
Isin Code
GB00B3Z9PT62
Citi Code
GQM7
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.54%
Aims and Benchmark
Aims
The Fund’s investment objective is to achieve an attractive level of income. The Fund will obtain exposure primarily to sterling-denominated (or hedged back to Sterling) fixed interest securities.
Benchmark
Merrill Lynch Eurosterling Index (NUK)
Benchmark Category
-
IA Sector
£ Corporate Bond
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£0.25
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Monthly
Distribution Type
Interest
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 January
28 January
01 February
28 February
01 March
28 March
01 April
28 April
01 May
28 May
01 June
28 June
01 July
28 July
01 August
28 August
01 September
28 September
01 October
28 October
01 November
28 November
01 December
28 December
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
J.P. Morgan Trustee and Depositary Company Limited
Fund Administrator
Internal
Fund Registrar
Internal
Fund Custodian
J.P. Morgan Trustee and Depositary Company Limited
Group Details
Group name
Fidelity International (Onshore)
Group address
Oakhill House
130 Tonbridge Road
Hildenborougha
Kent
TN11 9DZ
Group telephone
0800 41 41 81
Dealing telephone
0800 41 41 81
Email
brokerline@uk.fid-intl.com
Homepage
www.fidelity.co.uk
Fax number
0800 783 9646
Dealing
Minimum Investment
£500
Minimum Top Up
£250
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
2
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.