Fidelity Funds - Global Income Fund A-MCDIST(G)-SGD (hedged)
ISIN LU2852904734 / Valor null
Fidelity Funds - Global Income Fund A-MCDIST(G)-SGD (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.
Source
https://www.fidelity.lu/funds/factsheet/LU1883993989
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