Fidelity Global Quality Income UCITS ETF ACC-GBP (hedged)

Issuer: Fidelity International

Asset Class: Equity

TER: 45bps

Trading Currency: GBP

Pays Income: False

Listing Date: 01 Dec 2017

Ticker: FGQP

ISIN: IE00BYV1YF22

This actively managed fund offers a dual-objective strategy, targeting both consistent income and long-term capital appreciation. It constructs a diversified portfolio of global equities, selecting companies that exhibit strong quality characteristics and are expected to deliver attractive dividends. The investment process is driven by a proprietary, systematic approach that screens a broad universe of global stocks. This methodology allows the managers to identify businesses with robust fundamentals, such as stable earnings, strong balance sheets, and high returns on capital, which are often better positioned to weather various market conditions and sustain dividend payments over time.

The portfolio is built from the bottom up, focusing on individual company merits rather than broad market trends or sector bets. This results in a core equity holding that is diversified across numerous countries and industries, providing broad exposure to the global economy. By concentrating on high-quality, dividend-paying stocks, the strategy seeks to provide a smoother return profile compared to broader market indices, potentially offering a degree of downside protection during periods of volatility. The combination of growth potential from capital gains and a regular income stream makes this a compelling option for investors with a long-term horizon. The fund aims to deliver a reliable source of income without sacrificing the potential for portfolio growth, making it suitable for those building wealth or supplementing their income.