Fidelity Global Enhanced Income W Acc
ISIN: GB00BD1NLL62 | MEX: FIAAEB | CITI: JQ7L
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Buy 305.2 GBX
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Sell 305.2 GBX
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Price Change -0.13090%
Past Performance
- 12th Jun 2020 to 12th Jun 202110.52%
- 12th Jun 2021 to 12th Jun 20223.28%
- 12th Jun 2022 to 12th Jun 20237.99%
- 12th Jun 2023 to 12th Jun 202412.48%
- 12th Jun 2024 to 12th Jun 202514.05%
Objectives and Approach
The Fund aims to increase the value of your investment and deliver an income that is at least 50% more than the income produced by the companies included in the MSCI All Country World Index. The Fund will invest at least 50% in equities (and their related securities) of companies globally, which could include countries considered to be emerging markets as determined by the Investment Manager at its sole discretion. Derivatives, including covered call options, will be used for investment purposes in order to further enhance the income generated by the underlying investments. The Investment Manager is not restricted in terms of size, industry, or geographical split. The Fund is actively managed without reference to a benchmark. The Fund may also invest in other transferable securities, collective investment schemes, money market instruments, cash and deposits and is also able to use derivatives for efficient portfolio management. The Fund's performance can be compared to the MSCI All Country World (Net Total Return) Index as the index most closely represents the constituents of the Fund. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK Investment Managers), to facilitate comparison between funds with broadly similar characteristics. This Fund is classified in the IA Global Equity Income sector. Performance data on funds within this sector may be prepared and published by data providers and will be used when evaluating the performance of this Fund. The IA sector most closely reflects the combination of assets in the Fund.
Key Information
| Inception | 2nd Oct 2013 |
| Historic Yield | 3.9000% |
| Sector | IA Global Equity Income |
| Fund Size | £318.454mn |
| Fund Type | OEIC |
| Classification | Accumulation |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.1388% |
| Initial Charge | 0% |
| AMC | 0.75% |
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Our Platform Charge We charge a platform fee of 0.30%. Our charges are shown on our rates and charges sheet |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.1388% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Performance
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Chart Options
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This fund's IA Sector (IA Global Equity Income)
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Current Comparators -
Cumulative Performance
1 month 3 months 6 months 1 year 3 years 5 years 2.21% 3.00% 6.75% 14.05% 38.54% 58.13%
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
169,453 bytes PDF Document; last updated 30 Apr 2025
125,039 bytes PDF Document; last updated 03 Jan 2025
4,277,979 bytes PDF Document; last updated 28 Feb 2025
32,355,555 bytes PDF Document; last updated 31 Aug 2024
6,244,433 bytes PDF Document; last updated 28 May 2025
Management Team
Fred Sykes Vincent Li Jochen Breuer David Jehan
Fred Sykes
has managed this fund for 4 years and 1 month.
Fred Sykes joined Fidelity as an analyst in 2006. He covered EMEA & LATAM telecoms from 2009, before switching to large cap European mining in 2011, where he worked for 2 years. Between 2013 and 2017 he was the assistant portfolio manager for European Larger Companies and European Growth, and from 2017 the co-manager for AXA Selection European Equity funds. Fred joined the equity income team when he was appointed as portfolio manager of Fidelity European Dividend in May 2018. He became co-Portfolio Manager of the FIF Global Enhanced Fund in April 2021. Fred has a BA in Classics and English from Oxford University.
Manager Cumulative Performance v Peer Group
All funds managed by Fred
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Fidelity GblDivPls | Co | Apr 2021 |
| Fidelity EuropeanGth | Sole | Sep 2024 |
| Fidelity Gbl Enhanced Inc | Co | Apr 2021 |
| Fidelity GblDivPls | Co | Apr 2021 |
| Fidelity Gbl Enhanced Inc | Co | Apr 2021 |
Vincent Li
has managed this fund for 3 years and 8 months.
There is currently no biography information for Vincent Li.
Manager Cumulative Performance v Peer Group
All funds managed by Vincent
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Fidelity GblDivPls | Co | Sep 2021 |
| Fidelity Gbl Enhanced Inc | Co | Sep 2021 |
| Fidelity GblDivPls | Co | Sep 2021 |
| Fidelity Gbl Enhanced Inc | Co | Sep 2021 |
Jochen Breuer
has managed this fund for 4 years and 1 month.
Jochen Breuer joined Fidelity’s London office in 2007 as an analyst covering small-cap industrials and then media stocks. During that time, he was also the telecoms, media and technology (TMT) sector leader and managed the internal TMT analyst fund. Jochen then joined our Asia analyst team in Hong Kong in 2013 and spent two and a half years covering the regional energy, chemicals and shipping sectors. In 2015, Jochen worked more closely with the equity income team, based in London, and was asked to join our portfolio manager academy programme. In early 2016, Jochen started managing a pilot fund focusing on an equity income strategy for the Asia Pacific region. Jochen studied Finance & Asset Management at the International School of Management in Dortmund and holds a M.Sc. in Investment Management from Cass Business School, London.
Manager Cumulative Performance v Peer Group
All funds managed by Jochen
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Fidelity GblDivPls | Co | Apr 2021 |
| Fidelity Gbl Enhanced Inc | Co | Apr 2021 |
| Fidelity Asian Div | Co | Oct 2016 |
| Fidelity GblDivPls | Co | Apr 2021 |
| Fidelity Asian Div | Co | Oct 2016 |
| Fidelity Gbl Enhanced Inc | Co | Apr 2021 |
David Jehan
has managed this fund for 11 years and 8 months.
David joined Fidelity in 2007 and is a Derivatives Fund Manager. As well as managing the covered call overlay strategy in Fidelity Enhanced Income and Fidelity Global Enhanced Income funds, he advises portfolio managers on use of option strategies; develops risk management & trading tools and produces derivative research. He has worked in the industry since 1994, having started at BZW as a derivative research analyst and then worked at Commerzbank AG in derivative trading and risk control roles.David holds an M.A, and a D.Phil in Physics from Oxford University.
Manager Cumulative Performance v Peer Group
All funds managed by David
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Fidelity GblDivPls | Co | Apr 2021 |
| Fidelity EnhncdInc | Co | Feb 2009 |
| Fidelity Gbl Enhanced Inc | Co | Oct 2013 |
| Fidelity GblDivPls | Co | Apr 2021 |
| Fidelity EnhncdInc | Co | Feb 2009 |
| Fidelity Gbl Enhanced Inc | Co | Oct 2013 |
| Fidelity EnhncdInc | Co | Feb 2009 |