Fidelity Enhanced Income Fund W-Income
Category UK Equity Income
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
80.98p
0.00p (+0.00%)
Fund Code
WEINI
B87HPZ9
GB00B87HPZ94
Prices updated as at 12 May 2025
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
- Michael Clark uses a ‘covered call’ strategy to deliver income beyond what is offered by the FTSE All Share Index.
- In building the 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. Read more.