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Fidelity Extra Income A Inc

Ranked 29 out of 56 in - Sterling Strategic Bond over 12 months
All calculations are in GBP

Managed by

Ian Spreadbury

Ian Spreadbury earned a BSc in Pure & Applied Mathematics from the University of North Wales in 1972 and went on to gain an MSc in Mathematical Statistics from Sussex University in 1976. Immediately after he graduated, Spreadbury worked as an actuary for various employers before he moved into fund management with Legal & General in 1985. He joined Fidelity in 1995 and brings a cautious and long-term approach to the funds he runs which include the Fidelity Extra Income, Fidelity Moneybuilder Balanced and Fidelity Moneybuilder Income unit trusts along with a broad selection of offshore and institutional portfolios.

Objective

The Fund's investment objective is to achieve a relatively high level of income from a portfolio primarily invested in a combination of UK corporate and government bonds and other fixed income and money market securities, preference shares and convertibles.

Performance

Sterling Strategic Bond over : 31/07/2013 - 31/07/2014

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 4.9% 3.0% 2.2% -0.3%
2013 3.6% 1.8% -1.9% 2.3% 1.4%
2012 16.0% 4.8% 0.7% 5.7% 4.0%
2011 4.4% 2.1% 1.1% -2.1% 3.3%
2010 9.8% 6.2% 0.4% 5.2% -2.1%
2009 31.8% -0.7% 12.5% 13.6% 3.9%
2008 -15.5% -3.6% 0.5% -3.0% -10.1%
2007 1.9% 0.4% -0.9% 0.5% 1.9%
2006 4.1% 0.8% -0.7% 3.1% 1.0%
2005 7.3% -0.1% 3.3% 2.2% 1.7%
2004 9.8% 1.2% -0.5% 4.3% 4.5%
2003 19.9% 3.3% 9.1% 2.1% 4.2%
2002 6.1% 1.9% 1.6% -1.0% 3.5%
2001 1.2% 2.9% -4.0% -1.2% 3.7%
2000 2.2% 1.2% -0.3% -0.2% 1.4%
1999 0.2% -0.3% -0.8% -1.5% 2.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Guernsey
  3. Ireland
  4. Jersey
  5. United Kingdom

Fund Info

  • Launch date17/03/1999
  • Share Class size154Mn
  • Base currencyGBP
  • ISIN GB0005314926

Purchase Info

  • Min. initial investment100,000
  • Min. additional investment5,000

Charges

  • Annual management1.3%
  • Initial investment3.5

Related News

Skandia drops Royal London for Fidelity's Spreadbury and Fishwick

Citywire A-rated Spreadbury and AAA-rated colleague Fishwick to run fund.

Ian Spreadbury: how low can bond yields go?

Fidelity's fixed income manager highlights the difference between the situation in Japan and the west to identify a 'resting place' for gilt yields.

Bond worries are exaggerated, says A-rated Spreadbury

Sovereign debt fears have caused a real shift in sentiment towards fixed income, but high quality bonds should do well in the coming environment says Fidelity's Spreadbury.

Fidelity's Spreadbury sees more in corporate bonds

Don't jump off the corporate bond train just yet, says Fidelity's Ian Spreadbury.

The Daily View: Base portfolios on slow growth and low inflation, says Fidelity's Spreadbury

Fidelity's bond veteran Ian Spreadbury says portfolio diversification is vital in the current environment, with inflation and deflation risks sticking around for some time.

Frontrunner: Time for Fidelity to cast its net further afield

As Jorma Korhonen starts running Fidelity’s new £3 billion Global Special Situations fund, rumour has it the UK half will be handed to an external manager, very much against the Fidelity grain.

Fund Manager of the Day: AA-rated Ian Spreadbury of Fidelity.

Fidelity bond fund manager Ian Spreadbury holds not only a BSc in Pure & Applied Mathematics, but also an MSc in Mathematical Statistics from Sussex University- so it is fair to say he is good with figures.

Corporate bonds could be hit by consumer slowdown, says Spreadbury

Fidelity’s AA-rated Ian Spreadbury says the corporate bond market could be hit if consumer spending slows and he is taking an underweight position in the consumer sector to guard against this.

Fidelity sets up Sterling Bond fund for Spreadbury

Fidelity Investments is launching a new Sterling Bond fund for Citywire AA-rated Ian Spreadbury in the spring.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).