Smith & Williamson Medium Dated Corporate Bond Fund B Inc

Buy/Sell Price  (as of 26/10/2016) £1.02008   Day Change :  -0.48%     Fund Code:  SMDCI 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Ian Kenny joined Smith &Williamson in 1997 as an institutional fund accountant. He qualified as a Chartered Certified Accountant in 2001 and thereafter assumed fund management responsibilities for a variety of institutional funds. Ian is lead manager for the newly launched Medium-Dated Corporate Bond Fund and lead manager of the Short-Dated Corporate Bond Fund, in addition, Ian has assisted Chris Lynas with the management of the Smith & Williamson Fixed Interest Trust since 2006. Ian graduated from the University of Reading with a BSc in Human Geography and an MSc in International Business & Economic Development. Ian qualified as a Chartered Certified Accountant in 2001, and is a Fellow of the Association of Chartered Certified Accountants, a Member of the Chartered Institute for Securities and Investment and is a CFA Charterholder.


Investment HouseSmith & Williamson
Fund ProviderSmith & Williamson Inv Mgt (Ireland) Ltd
ManagerIan Kenny   Biography
ManagerThomas Wells  

Fund Objective The investment objective of the Fund is to achieve income returns and ready access to capital.

Key Statistics

Fund Status
Fund TypeOEIC
12-Month NAV High £1.05
12-Month NAV Low £0.93
Fund Comparative Index0
Morningstar CategoryTMGBP Corporate Bond
Dividend FrequencyQuarterly

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall2 star
3 Years2 star
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  26/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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