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Fidelity Extra Income Fund W-Income

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund ProviderFIL Investment Services (UK) Ltd
Fund SummaryThe Fund aims to deliver an income with the potential to increase the value of your investment. The Fund will be at least 70% exposed to sterling denominated (or hedged back to sterling) investment grade and high yield debt instruments. The Fund is actively managed. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities. The Investment Manager will, when selecting investments for the Fund and for the purposes of monitoring risk, consider the ICE Bank of America Merrill Lynch Q409 Custom Index (GBP Hedged) which is a custom blend of investment grade and high yield corporate bond indices maintained by Bank of America Merrill Lynch. However, the Investment Manager has a wide degree of freedom relative to the index and may invest in issuers, sectors, countries and security types not included in the index in order to take advantage of investment opportunities. This means the Fund¿s investments and therefore performance may vary significantly from the index The Fund may also obtain exposure to transferable securities, money market instruments, collective investment schemes, cash and near cash and deposits. Derivatives may be used for efficient portfolio management and investment purposes and may include (but are not limited to) derivatives on exchange rates, interest rates, inflation and credit. The Fund may also take positions which enable it to benefit from falling asset prices. The Fund's performance can be compared to the ICE Bank of America Merrill Lynch Q409 Custom Index (GBP Hedged) as the index constituents best represent the characteristics the Fund is seeking to gain exposure to. 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 Sterling Strategic bond sector. Performance data on funds within this
SEDOL codeB469P25
ISINGB00B469P257
Fund codeYEX
ManagersSajiv Vaid, Peter Khan, James Durance
Manager Tenure1 year
Morningstar CategoryGBP Flexible Bond
IMA Sector£ Strategic Bond
Fund Size£563 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)0.78%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£25
Minimum Top Up£25
Minimum Monthly Investment£25
Sell Price£1.2630
Buy Price£1.2630
Price Change-0.0791%
Price Date28th September 2020
Yield3.42%
Dividend FrequencyMonthly
ISA EligibleYes
SIPP EligibleYes
Inception Date5th October 2009
Fund StatusOPEN
Sajiv is a fund manager on the fixed income team and has ten years experience working in global government and credit markets. He was appointed in 2000 and is responsible for managing corporate bond portfolios for institutional and retail clients.prior to joining RLAM he worked for Fuji Bank. Sajiv graduated from the University of Hull in 1991 in Economic & Social History and holds a MA in Modern International Studies from the University of Leeds.

3-year Mean Monthly Return: 0.256%

Annual Returns2019201820172016201520142013201220112010
Fund Performance+0.77%+6.08%+1.12%+8.64%+3.93%+3.48%+9.22%+9.50%+6.30%+5.83%
Benchmark Performance
(GBP Flexible Bond)
+2.90%+5.10%+0.62%+6.11%+5.37%
Time PeriodCumulativeBenchmark Performance
(GBP Flexible Bond)
Fund Compared to Benchmark
1 day-0.08%+2.21%-2.29%
1 week-1.02%+0.13%-1.15%
1 month0.06%+1.43%-1.37%
3 months2.09%+9.17%-7.08%
6 months11.01%+2.42%+8.59%
1 year0.50%+3.00%-2.50%
3 years3.08%+4.31%-1.24%
5 years4.51%+4.85%-0.35%
10 years5.18%+5.19%0.00%
YTD-0.55%-0.53%-0.02%
Since inception5.14%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
10 Year Treasury Note Future Sept 20USA9.78%
Long Gilt Future Sept 20GBR7.68%
Ultra US Treasury Bond Future Sept 20USA1.98%
Ultra 10 Year US Treasury Note Future Sept 20USA1.88%
US Treasury Bond Future Sept 20USA1.49%
Autostrade per l'Italia S.p.A. 6.25%ITA1.32%
HSBC Capital Funding (Sterling 1) L.P. 5.84%GBR1.22%
Anglian Water (Osprey) Financing Plc 4%GBR1.19%
United Kingdom of Great Britain and Northern Ireland 0.38%GBR1.17%
Aspire Defence Finance 4.67%GBR1.16%
Dividend DatePer share amountReinvestment Price
1st September 20200.0038£1.2630
3rd August 20200.0035£1.2650
1st July 20200.0037£1.2410
1st June 20200.0039£1.2300
1st May 20200.0039£1.2060
1st April 20200.0040£1.1650