Ninety One Diversified Income Fund J Accumulation GBP

A Select 50 Fund - Fidelity insight

Category GBP Allocation 20-40% Equity

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

145.43p

arrow-up0.07p (+0.05%)

Fund Code

ICDJA

BD5J0T1

GB00BD5J0T15

Prices updated as at 03 Dec 2024

Prices in GBX

Investment objective

The Fund aims to provide income with the opportunity for capital growth over at least 5 years. The Fund seeks to limit volatility (the pace or amount of change in its value) to lower than 50% of that of shares of UK companies (measured using the FTSE All Share Index). The Fund invests in a broad range of assets around the world. These assets include bonds (or similar debt-based assets), shares of companies, listed property securities (such as real estate investment trusts) and other alternative assets (such as investment trusts in infrastructure).

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

Why we like the fund: This fund invests in a range of asset classes, combining investments in equities, bonds and other income-generating assets, like property. The manager has a long track record running this strategy and experience investing in bonds (lending money to governments and companies), which we think is helpful to the fund's aim of delivering income. This fund can lend money to riskier borrowers, such as emerging market governments or higher risk companies, in order to boost its income. How to use the fund: This fund owns investments, predominantly equities and bonds, that can deliver a reliable income. Because the fund invests in many different types of assets, it can and may lose capital from time to time. The risk of this is greater when interest rates are rising. Over time, the manager has displayed skill in limiting losses and providing a steady yet growing income.

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.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.