Fidelity Enhanced Income W Acc
Category UK Equity Income
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
189.50p
-0.30p (-0.16%)
Fund Code
WEINA
B7W94N4
GB00B7W94N47
Prices updated as at 09 May 2025
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Prices in GBX
Investment objective
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 investors 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.
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.
- Key stats
- Growth
- Fidelity insight
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Our view
The Fidelity Enhanced Income Fund is managed by Michael Clark and David Jehan and aims to achieve income, with the potential for some capital growth, from a portfolio made up mainly of the securities of UK companies.
Clark uses a 'covered call' strategy to deliver income beyond what is offered by the FTSE All Share Index.
In building the Fidelity Enhanced Income portfolio, Clark follows the same time-tested approach as that of the Fidelity MoneyBuilder Dividend Fund, which he also manages. His primary concern is providing 'safety of income at a reasonable price or SIRP'. This manifests itself in a preference for undervalued, high quality businesses which not only pay strong dividends, but also grow them from year to year.
