Fidelity Global Short Duration Income Fund
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Fidelity Global Short Duration Income Fund

Investment objective

To provide a steady level of income and positive total returns over the medium to long term.

Aims to deliver investors a steady income stream, with a low sensitivity to changes in interest rates.

As one of the largest fixed income managers in the world, we draw on our rigorous proprietary research to navigate credit markets and invest in our ‘best ideas’ for income generation.

Actively managed without reference to an index, the Fund has a maximum interest rate duration of three years, an average portfolio quality of investment grade and invests in a diversified range of government and corporate bonds as well as high yield and emerging market debt.

Key facts

About this fund
Unit prices (at 16/08/22) Buy 10.0832 / Sell 10.0832 Unit price history
Buy/sell spread Buy 0.00% / Sell 0.00%
Management costs1 0.45% p.a. Fee disclosure document
Fund size (at 16/08/22) A$1.02M
Inception date 28 July 2022
Distribution frequency Quarterly
Currency Australian dollar
Benchmark The ICE BofA 0-3 Month US Treasury Bill Index AUD Hedged 2
Duration controlled Interest rate duration capped at three years at the portfolio level
About the manager
Portfolio manager James Durance / Peter Khan / Tim Foster / Claudio Ferrarese
Appointed to the Underlying fund 01 December 2017
Location London
Joined Fidelity 2013 / 2003 / 2000 / 2006
Unique identifiers
APIR code FID5964AU
ARSN code 651 633 448
mFund code FIL64

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Related insights

This Fund is subject to various risks, including, but not limited to, the risk of market fluctuations and changes in market interest rates. Investors accessing the Fund through a master trust or wrap account will also bear any fees charged by the operator of such master trust or wrap account. Any apparent discrepancies in the numbers are due to rounding.

1Management Costs and buy/sell spread are current as at the date of publication of this website. These fees may be subject to change in the future.

2The Fund gains its exposure to global fixed income by investing in an offshore fund managed by one of our related entities (Underlying Fund). The holdings of the Underlying Fund are not selected, managed or measured with reference to any benchmark. The ICE BofA 0-3 Month US Treasury Bill Index AUD Hedged is used for reference purposes only and the composition, investment weightings and performance of the Underlying Fund and Fund may differ from this index.

3Total returns (net) have been calculated using exit prices and take into account the applicable buy/sell spread and are net of Fidelity’s management costs, transactional and operational costs and assumes reinvestment of distributions. No allowance has been made for tax. Returns of more than one year are annualised. The return of capital is not guaranteed. 

Why this fund

A stable and experienced team with over 130 members, located around the world from London to Singapore.   

Considers the sustainability of business practices, believing that better environmental, social and governance outcomes aid the delivery of sustainable growth over time. 

Actively managed without reference to an index. We look to invest in the best ideas for income generation across the global universe of short duration bonds 

Related insights

This Fund is subject to various risks, including, but not limited to, the risk of market fluctuations and changes in market interest rates. Investors accessing the Fund through a master trust or wrap account will also bear any fees charged by the operator of such master trust or wrap account. Any apparent discrepancies in the numbers are due to rounding.

1Management Costs and buy/sell spread are current as at the date of publication of this website. These fees may be subject to change in the future.

2The Fund gains its exposure to global fixed income by investing in an offshore fund managed by one of our related entities (Underlying Fund). The holdings of the Underlying Fund are not selected, managed or measured with reference to any benchmark. The ICE BofA 0-3 Month US Treasury Bill Index AUD Hedged is used for reference purposes only and the composition, investment weightings and performance of the Underlying Fund and Fund may differ from this index.

3Total returns (net) have been calculated using exit prices and take into account the applicable buy/sell spread and are net of Fidelity’s management costs, transactional and operational costs and assumes reinvestment of distributions. No allowance has been made for tax. Returns of more than one year are annualised. The return of capital is not guaranteed.