Fidelity Extra Income Inc

The main aim of the fund is to provide investors with income while also having the potential to increase the value of their investment over time.

The fund will be primarily exposed to sterling denominated investment grade debt instruments, with at least 70% of the portfolio allocated to such assets. Additionally, investments may be made in debt instruments issued in currencies other than sterling, with the aim of reducing currency risk. The remainder of the portfolio will be invested in cash, derivatives, and other investment types.

Some of the risks associated with this fund include exposure to interest rate fluctuations, credit risk associated with the debt instruments held in the portfolio, as well as the potential for variations in performance compared to the benchmark index due to the active management approach taken by the Investment Manager. Additionally, the use of derivatives in the portfolio may introduce additional risks related to market volatility and counterparty risk.

https://www.fidelity.co.uk/factsheet-data/factsheet/GB00B469P257-fidelity-extra-income-w-inc/key-statistics