Fidelity Funds - Global Income Fund A-HMDIST(G)-AUD Hedged header image

Fidelity Funds - Global Income Fund A-HMDIST(G)-AUD Hedged

Fund

ISIN LU1816631466 / Valor null

NAV (2024-10-22)
AUD 8.84-0.18%

Fidelity Funds - Global Income Fund A-HMDIST(G)-AUD Hedged
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General Objective

The fund aims to provide a high level of current income and the potential for capital growth.

Fund Exposure

The fund will invest at least 50% in investment grade bonds with the balance invested in high-yielding bonds, including sub-investment grade and emerging market bonds. It will invest at least 70% in a portfolio of global bonds, including investment grade bonds of varying maturities, high yield bonds, and emerging market bonds denominated in various currencies.

Risks

The fund's exposure to Distressed Securities is limited to 10% of its assets. It may invest in assets directly or achieve exposure indirectly through derivatives, with the aim of risk or cost reduction. Investments may be made in currencies other than the fund’s reference currency, and exposure to currencies may be hedged. The fund is actively managed without reference to an index, and income earned is paid to shareholders out of gross investment income and from capital.

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Source

https://www.fidelity.lu/funds/factsheet/LU1883993989

Tags:
emerging markets investment grade global bonds index

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