Fidelity Climate Transition Bond Class W - Income (GBP Hedged)





Charges and Savings
Initial charges | |
---|---|
Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
Net initial charge: | 0.00% |
HL dealing charge: | Free |
Annual charges | |
---|---|
Performance fee: | No |
Ongoing charge (OCF/TER): | 0.68% |
Ongoing saving from HL: | 0.00% |
Net ongoing charge: | 0.68% |
In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
10/04/20 to 10/04/21 | 10/04/21 to 10/04/22 | 10/04/22 to 10/04/23 | 10/04/23 to 10/04/24 | 10/04/24 to 10/04/25 | |
---|---|---|---|---|---|
Annual return | 6.59% | -7.85% | -5.64% | 2.47% | 5.30% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
The fund aims to achieve capital growth over time and provide income. INVESTMENT POLICY The fund invests at least 70% of its assets, in investment grade corporate debt securities anywhere in the world, including emerging markets. The fund may also invest in money market instruments on an ancillary basis. The fund focuses on supporting the climate transition by investing in bonds or bonds of issuers that; (i) contribute to climate objectives aligned with one or more of the United Nations Sustainable Development Goals; (ii) use bond proceeds to finance projects benefiting environmental or climate-related sustainability; (iii) aim to improve management of climate-related risks and opportunities. The fund may invest in the following assets according to the percentages indicated: • Listed China onshore bonds (directly and /or indirectly) up to 30% (in aggregate) with direct exposure up to 10% • hybrids and contingent convertible (CoCo) bonds: less than 30%, with less than 20% in CoCos. The fund may also invest in subordinated debt and preference shares. The fund will aim to have a lower carbon footprint compared to that of the broader market.
Income Details
Security | Weight |
---|---|
Fidelity (Offshore) Institutional Liquidity - United States Dollar Fund Class A | 4.68% |
NATIONAL GRID ELEC TRANSM PLC 2.5% 01/29/2031 REGS | 1.84% |
SMURFIT WESTROCK FIN 5.418% 01/15/2035 144A | 1.49% |
ARCADIS NV 4.875% 02/28/2028 REGS | 1.41% |
PERMANENT TSB GRP HLD PLC 0%/VAR 07/10/2030 REGS | 1.12% |
GARTNER INC 3.75% 10/01/2030 144A | 1.09% |
NISSAN MOTOR ACCEPTANCE CO LLC 2.45% 09/15/2028 144A | 1.01% |
AMPRION GMBH 4.125% 09/07/2034 REGS | 1.01% |
AFRICAN DEVELOPMENT BANK 5.75%/VAR PERP | 0.99% |
DEUTSCHE BANK AG NEW YORK BNCH 5.882%/VAR 07/08/2031 | 0.99% |
Sector | Weight |
---|---|
Bonds | 86.15% |
Non-Classified | 6.07% |
Managed Funds | 4.68% |
Cash and Equiv. | 3.22% |
Alternative Trading Strategies | -0.13% |
Country | Weight |
---|---|
United States | 24.64% |
United Kingdom | 16.96% |
Non-Classified | 11.83% |
Netherlands | 6.97% |
France | 5.70% |
Managed Funds | 4.68% |
Ireland | 4.36% |
Luxembourg | 3.92% |
Germany | 3.31% |
Cash and Equiv. | 3.22% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 10 April 2025. Data provided by Broadridge, correct as at 31 January 2025.


4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.