Fidelity Enhanced Income Fund

Select share classes

Fidelity Enhanced Income W Acc

Category UK Equity Income


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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

210.60p

arrow-up1.10p (+0.53%)

Fund Code

WEINA

B7W94N4

GB00B7W94N47

Prices updated as at 12 Dec 2025
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Prices in GBX

Investment objective
The Fund aims to deliver an income that is at least 50% more than the income produced by the companies included in the FTSE All Share (Gross Total Return) Index. The Fund also has the potential to increase the value of investors investment. The Fund will invest at least 50% in equities (and their related securities) of companies domiciled, incorporated or having significant business in the UK and those which are listed in the UK. It is not restricted in terms of size or industry. Derivatives, including covered call options, will be used for investment purposes in order to further enhance the income generated by the underlying investments. The Fund is actively managed without reference to a benchmark.

Our view

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The Fidelity Enhanced Income Fund is managed by Michael Clark and David Jehan and aims to achieve income, with the potential for some capital growth, from a portfolio made up mainly of the securities of UK companies.

Clark uses a 'covered call' strategy to deliver income beyond what is offered by the FTSE All Share Index.

In building the Fidelity Enhanced Income portfolio, Clark follows the same time-tested approach as that of the Fidelity MoneyBuilder Dividend Fund, which he also manages. His primary concern is providing 'safety of income at a reasonable price or SIRP'. This manifests itself in a preference for undervalued, high quality businesses which not only pay strong dividends, but also grow them from year to year.



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.


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