Fidelity EUR Corporate Bond UCITS ETF ACC

Issuer: Fidelity International

Asset Class: Fixed Income

TER: 9

Trading Currency: GBP

Pays Income: False

Listing Date: 29 Jan 2026

Ticker: FBIE

ISIN: IE000JEXZJT1

This fund is designed to track the performance of the Solactive EUR Corporate Bond Index, offering investors exposure to a diversified basket of investment-grade, fixed-rate corporate bonds from issuers within the Eurozone. Employing a physical replication strategy, the fund holds the actual underlying bonds that constitute the index, ensuring direct and transparent exposure. As an accumulating share class, any income generated from the bond holdings, such as coupon payments, is automatically reinvested back into the portfolio. This process facilitates the potential for compound growth over the long term, making it an attractive option for investors focused on capital appreciation without the need for regular income distributions.

The portfolio consists of debt issued by a wide range of corporations across various sectors, including financials, industrials, and consumer goods, predominantly from developed European nations. By focusing exclusively on investment-grade securities, the fund maintains a relatively conservative risk profile, appealing to those seeking a balance between the higher potential yields of corporate debt and the credit quality associated with financially sound companies. This makes it a suitable core holding for investors aiming to add a stable, income-generating component to their portfolios while mitigating some of the credit risk found in high-yield bond markets.

In a diversified investment strategy, this product can serve as a key defensive element, providing a potential buffer against the volatility inherent in equity markets. It offers a low-cost, efficient, and liquid vehicle to access the broad European corporate bond market. It is well-suited for investors seeking to enhance their fixed-income allocation with exposure to corporate credit, aiming for both capital preservation and a modest level of growth through the compounding effect of reinvested income. The fund's structure provides a straightforward solution for gaining strategic exposure to this important asset class.