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Fidelity Extra Income W Acc

ISIN: GB00BFRT3611 | MEX: FIEWAO | CITI: JTXY

  • Buy 146.6 GBX

  • Sell 146.6 GBX

  • Price Change 0.41100%

Past Performance

  • 24th Apr 2020 to 24th Apr 202112.76%
  • 24th Apr 2021 to 24th Apr 2022-5.24%
  • 24th Apr 2022 to 24th Apr 2023-7.72%
  • 24th Apr 2023 to 24th Apr 20249.00%
  • 24th Apr 2024 to 24th Apr 20256.15%
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Objectives and Approach

The Fund aims to deliver an income with the potential to increase the value of your investment. The Fund will be at least 70% exposed to sterling denominated (or hedged back to sterling) investment grade and high yield debt instruments. The Fund is actively managed. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities. The Investment Manager will, when selecting investments for the Fund and for the purposes of monitoring risk, consider the ICE Bank of America Merrill Lynch Q409 Custom Index (GBP Hedged) which is a custom blend of investment grade and high yield corporate bond indices maintained by Bank of America Merrill Lynch. However, the Investment Manager has a wide degree of freedom relative to the index and may invest in issuers, sectors, countries and security types not included in the index in order to take advantage of investment opportunities. This means the Fund¿s investments and therefore performance may vary significantly from the index The Fund may also obtain exposure to transferable securities, money market instruments, collective investment schemes, cash and near cash and deposits. Derivatives may be used for efficient portfolio management and investment purposes and may include (but are not limited to) derivatives on exchange rates, interest rates, inflation and credit. The Fund may also take positions which enable it to benefit from falling asset prices. The Fund's performance can be compared to the ICE Bank of America Merrill Lynch Q409 Custom Index (GBP Hedged) as the index constituents best represent the characteristics the Fund is seeking to gain exposure to. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK Investment Managers), to facilitate comparison between funds with broadly similar characteristics. This Fund is classified in the IA Sterling Strategic bond sector. Performance data on funds within this sector may be prepared and published by data providers and will be used when evaluating the performance of this Fund. The IA sector most closely reflects the combination of assets in the Fund.

Key Information

Inception 25th Feb 1999
Historic Yield 4.7000%
Sector IA Sterling Strategic Bond
Fund Size £259.246mn
Fund Type OEIC
Classification Accumulation

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. 		0.7402%
Initial Charge 0%
AMC 0.60%
Our Platform Charge
We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet 		0.30%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here 		0.30%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available 		N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs 		0.7402%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Performance

  • Chart Options

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      Current Comparators


      • Cumulative Performance

        1 month3 months6 months1 year3 years5 years
        0.55% 1.52% 2.02% 6.15% 6.77% 14.09%

        Important Information
        Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

        The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.



      Composition

      View Fund Allocation by:

      TOP 10 HOLDINGS TOP 10 ASSETS TOP 10 SECTORS TOP 10 GEOGRAPHIES

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      180,094 bytes PDF Document; last updated 28 Feb 2025
      Key Investor Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INVESTOR INFORMATION DOCUMENT
      128,685 bytes PDF Document; last updated 03 Jan 2025
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      96,051,172 bytes PDF Document; last updated 29 Feb 2024
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      32,355,555 bytes PDF Document; last updated 31 Aug 2024
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      3,142,545 bytes PDF Document; last updated 25 Mar 2025
      GET ADOBE READER

      Management Team

      Peter Khan James Durance Kristian Atkinson Shamil Gohil

      Peter Khan has managed this fund for 6 years and 3 months.

      Peter Khan Peter Khan is Portfolio Manager of Fidelity’s Global High Yield, Total Return Credit (Multi-Asset Credit and Income) and Absolute Return bond portfolios. Peter joined Fidelity in 2000 as a trader and was promoted to Head of Trading in 2003. Peter became a portfolio manager in 2009 and has been responsible for a number of global fixed income portfolios, including Fidelity’s Global High Yield and Global Income funds. Prior to Fidelity, he was with Bayerische Hypo-und-Vereinsbank as the Head of Trading of the London Eurobond desk. Peter has an MBA Finance and International Business from Stern School of Business, New York University.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Peter

      Name of Security Sole/Co Managed Since
      Fidelity xtrInc Co Jan 2019

      James Durance has managed this fund for 4 years and 9 months.

      James Durance James joined Fidelity in 2013 as a senior credit analyst covering the automotive and transportation sectors, before joining the portfolio management team in 2015. He has been co-manager of the Fidelity Global High Yield Fund since January 2019. He started his career in 1998 at BSMG Worldwide, before moving to a role at IHS Global Insight, where he worked in market research in the automotive and telecoms industries. After his MBA at IESE in Spain, James worked at Morgan Stanley as a credit analyst from 2006 - 2013, covering investment grade and high yield credit and working across the bonds, loans and derivative asset classes.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by James

      Name of Security Sole/Co Managed Since
      Fidelity xtrInc Co Jul 2020

      Kristian Atkinson has managed this fund for 6 months.

      Kristian Atkinson Kris Atkinson is Portfolio Manager of Fidelity’s Global Corporate Bond, Fixed Maturity and Global Hybrids portfolios. Kris joined Fidelity in 2000 as a Research Associate, became a Credit Analyst in 2001 and was promoted to a Senior Credit Analyst position in 2010. During this time he covered a variety of sectors across Investment Grade, High Yield and Emerging markets including European utilities, consumer / retail, pharmaceutical, global energy and basic materials. He became a Portfolio Manager in 2013.Prior to joining Fidelity, Kris worked for Lexecon, a consultancy subsequently acquired by Charles River Associates. Kris has an MA Economics from the University of Cambridge.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Kristian

      Name of Security Sole/Co Managed Since
      Fidelity MnyBldCrpBd Co Jan 2019
      Fidelity MnybuldrBln Co Sep 2023
      Fidelity CltBd Co Jan 2020
      Fidelity Short Dtd Corp Bd Co Jan 2019
      Fidelity SCB Co Jan 2019
      Fidelity Short Dtd Corp Bd Co Jan 2019
      Fidelity LDSCB Co Jan 2019
      Fidelity MnybuldrBln Co Sep 2023
      Fidelity MnyBldCrpBd Co Jan 2019
      Fidelity xtrInc Co Sep 2023

      Shamil Gohil has managed this fund for 2 years and 1 month.

      Shamil Gohil There is currently no biography information for Shamil Gohil.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      All funds managed by Shamil

      Name of Security Sole/Co Managed Since
      Fidelity MnyBldCrpBd Co Mar 2023
      Fidelity MnybuldrBln Co Mar 2023
      Fidelity CltBd Co Dec 2024
      Fidelity Short Dtd Corp Bd Co Mar 2023
      Fidelity SCB Co Mar 2023
      Fidelity Short Dtd Corp Bd Co Mar 2023
      Fidelity LDSCB Co Mar 2023
      Fidelity MnybuldrBln Co Mar 2023
      Fidelity MnyBldCrpBd Co Mar 2023
      Fidelity xtrInc Co Mar 2023

      Investment involves risk. You may get back less than invested.