Fidelity Sustainable MoneyBuilder Income Fund

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Fidelity Sustainable MoneyBuilder Income Fund W-INC-GBP

Category GBP Corporate Bond
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

98.47p

arrow-up0.14p (+0.14%)

Fund Code

YCB

B3Z9PT6

GB00B3Z9PT62

Prices updated as at 03 Jul 2024
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Prices in GBX
Investment objective
The Fund aims to deliver an income with the potential to increase the value of investor's investment. The Fund is part of the Fidelity Sustainable Family of Funds and adheres to the Fidelity Sustainable Family framework under which at least 70% of the fund’s net assets will be invested in issuers deemed to maintain sustainable characteristics. The Fund will also adhere to the Fidelity Sustainable Family exclusion policy. The Fund will be at least 70% exposed to sterling-denominated (or hedged back to sterling) investment grade debt instruments (with a bias towards corporate bonds but may also include securitised bonds). The Fund may hold investments in countries considered as emerging markets as determined by the Investment Manager at its sole discretion. The Fund is actively managed. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Our view

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  • In a low interest rate environment Sajiv Vaid believes that investment grade (high quality) corporate bonds may be the ‘sweet spot’ in the fixed income market, delivering modest income while keeping risks in check.
  • While every bond bears some degree of ‘default risk’ - the possibility that the borrower will go bust - Vaid believes that careful research can minimise such risks.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.