Fidelity Strategic Bond Fund Fund W Accumulation

Why we like the fund

This Fund is co-managed by two highly-experienced portfolio managers, Claudio Ferrarese and Tim Foster, who are focused on combining the best investment ideas recommended by a team of in-house macro, credit and quantitative analysts into a portfolio that generates attractive risk-adjusted returns. Returns are predominately driven by asset allocation, yield-curve positioning as well as security selection, where the team’s emphasis is on bottom-up issuer selection to ensure adequate diversity and downside protection against credit risk due to the asymmetric nature of these returns.

How to use this fund

The Fund aims to provide regular income and capital preservation with low volatility - qualities which may appeal to investors who want to diversify their exposure to equities or rely on income from their investment portfolio. As the ‘go-anywhere’ fund proposition in the fixed-income space, the Fund has the flexibility to invest across the fixed-income universe and has therefore a total return objective rather than trying to outperform a benchmark. Due to the Fund’s emphasis on diversification to equity and capital preservation, on average it tends to have a longer duration and less credit risk compared to peers.