Royal London Global High Yield Bond Fund Class Z USD Hedged Acc

The general objective of this fund is to provide a combination of investment growth and income. The fund seeks to outperform its benchmark, the BofA Merrill Lynch BB-B Global Non-Financial High Yield Constrained Index, by 1% per annum over rolling three-year periods.

This fund is primarily exposed to the global high yield bond market. It focuses on non-financial high yield bonds and aims to achieve its objective through active management. The fund's exposure includes various sectors such as basic industry, retail, and telecommunications, with a regional focus on Europe.

Investing in this fund carries the risk of fluctuations in the value of investments and potential income. The value of investments is not guaranteed and may go down as well as up. Additionally, the fund's performance may be impacted by changes in interest rates, credit quality, and market conditions. Investors should carefully consider these risks before making investment decisions.

https://www.fidelity.co.uk/factsheet-data/factsheet/IE00B979BF49-royal-london-shrt-dur-gl-hgh-yld-b-z-inc/portfolio