AXA Fixed Interest Investment ICVC - AXA US Short Duration High Yield Fund ZI Gross Accumulation

Category Other Bond

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

179.40p

arrow-up0.10p (+0.06%)

Fund Code

FMZIA

B5WM6Y4

GB00B5WM6Y48

Prices updated as at 12 Dec 2025

Prices in GBX

Investment objective

The aim of this Fund is to generate income by investing in high yield debt securities (being sub-investment grade corporate bonds) while seeking to avoid the risk of defaults. The Fund aims to deliver a return by investing at least 60 per cent of its Net Asset Value in high yield bonds (being sub-investment grade corporate bonds, meaning bonds with a rating of BB+ and below by Standard & Poor or equivalent rating by Moody’s or Fitch) with a bias towards shorter maturities (where the full repayment of the bond by the company is expected to be less than three years), issued primarily by companies with their predominant place of business in the US. The Fund may also invest in such bonds denominated in US Dollars and issued by non-US companies. The ACD seeks to reduce the effect of credit risk through diversification and its analysis and selection of bonds.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , SDR Consumer facing disclosure, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Annual performance (%)

Year	This fund	Other Bond
30 Sep 14 - 30 Sep 15	0.65	-
30 Sep 15 - 30 Sep 16	4.67	-
30 Sep 16 - 30 Sep 17	2.21	-
30 Sep 17 - 30 Sep 18	1.16	-
30 Sep 18 - 30 Sep 19	3.79	-
30 Sep 19 - 30 Sep 20	1.17	-
30 Sep 20 - 30 Sep 21	4.97	-
30 Sep 21 - 30 Sep 22	-7.91	-
30 Sep 22 - 30 Sep 23	7.18	-
30 Sep 23 - 30 Sep 24	9.79	-
30 Sep 24 - 30 Sep 25	6.10	-

Trailing returns (%)

Year	This fund	Other Bond
1 Day	0.06	-
1 Month	0.56	-
3 Months	1.24	-
6 Months	3.22	-
1 Year	6.34	-
3 Years annualised	6.72	-
5 Years annualised	3.67	-

Please note that past performance is not a reliable indicator of future returns. Please use the interactive graph for benchmark comparison.

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.

AXA US Short Duration High Yield Fund