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Fidelity Enhanced Income Fund W-Accumulation

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  • Dividend History
Fund Provider FIL Investment Services (UK) Ltd
Fund Summary The Fund aims to deliver an income that is at least 50% more than the income produced by the companies included in the FTSE All Share (Gross Total Return) Index. The Fund also has the potential to increase the value of your investment. The Fund will invest at least 50% in equities (and their related securities) of companies domiciled, incorporated or having significant business in the UK and those which are listed in the UK. It is not restricted in terms of size or industry. Derivatives, including covered call options, will be used for investment purposes in order to further enhance the income generated by the underlying investments. The Fund is actively managed without reference to a benchmark. The Fund may also invest in other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management. The Fund's performance can be compared to the FTSE All Share (Gross Total Return) Index as the index constituents are representative of the type of companies the Fund invests in. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK Investment Managers), to facilitate comparison between funds with broadly similar characteristics. This Fund is classified in the IA UK Equity Income sector. Performance data on funds within this sector may be prepared and published by data providers and will be used when evaluating the performance of this Fund. The IA sector most closely reflects the combination of assets in the Fund.
SEDOL code B7W94N4
Fund code WEINA
Managers Michael Clark, David Jehan, Rupert Gifford
Manager Tenure 11 years
Morningstar Category UK Equity Income
IMA Sector UK Equity Income
Fund Size £246 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.93%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.3400
Buy Price £1.3400
Price Change +0.7519%
Price Date 12th August 2020
Yield 7.58%
Dividend Frequency Yearly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 18th July 2012
Fund Status OPEN
Michael Clark joined Fidelity International in 2002 as an Equity Research Analyst. From 2002 to 2007 he covered a variety of sectors including oil services, construction and housebuilding, automotive and mining. Michael became a Portfolio Manager in 2007. Prior to joining Fidelity, Michael was an equity analyst for JP Morgan, Enskilda and Morgan Grenfell. Through these positions, he covered the engineering, consumer goods, pharmaceuticals and industrial services sectors, and now has a total of 22 year’s experience. Michael holds an MA in Modern Languages from Cambridge University.

3-year Mean Monthly Return: -0.271%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance -7.83% -1.16% -1.88% +11.29% +2.85% +3.34% +11.82% +14.77% +6.04% +18.00%
Benchmark Performance
(UK Equity Income)
-14.88% -2.76% +5.09% +18.47% -1.43%
Time Period Cumulative Benchmark Performance
(UK Equity Income)
Fund Compared to Benchmark
1 day 0.75% -19.03% +19.78%
1 week 1.90% +3.61% -1.71%
1 month 2.84% +5.45% -2.61%
3 months 3.16% -18.25% +21.40%
6 months -15.14% -10.14% -4.99%
1 year -6.42% -3.80% -2.62%
3 years -2.80% +0.57% -3.37%
5 years 0.13% +6.29% -6.15%
10 years 5.03% +8.11% -3.08%
YTD -15.14% +2.57% -17.70%
Since inception 6.05% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
AstraZeneca PLC GBR 7.77%
GlaxoSmithKline PLC GBR 5.11%
British American Tobacco PLC GBR 4.92%
Rio Tinto PLC GBR 4.92%
Unilever PLC GBR 3.80%
Apple Inc USA 3.52%
Amazon.com Inc USA 3.47%
Diageo PLC GBR 3.41%
Prudential PLC GBR 3.39%
Dividend Date Per share amount Reinvestment Price
2nd March 2020 0.1008 £1.3830
1st March 2019 0.0988 £1.4220
1st March 2018 0.0925 £1.3640
1st March 2017 0.0926 £1.4450
1st March 2016 0.0904 £1.3230
2nd March 2015 0.0512 £1.3300