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Fidelity Extra Income

Change Details
Title Fidelity Extra Income
Type Other events
Companies Impacted Quilter Life & Pensions Limited Quilter Investment Platform Limited
Effective Date 03 February 2026
Change Details Name & objective change
1. Fund details  
Companies impacted Quilter Life & Pensions Limited
Quilter Investment Platform Limited
Fund Group FIL Investment Services (UK) Limited
Fund Name Fidelity Extra Income 
Type of change Name & Objective Change
Date change effective from 03/02/2026
Is the event subject to shareholder approval? Yes - approved
2. Name change details  
Current Fund Name New Fund Name
Fidelity Extra Income  Fidelity Global High Income Bond 
3. Investment objectives  
Previous objective To deliver an income with the potential to increase the value of your investment.

The fund will be at least 70% exposed to sterling denominated (or hedged back to sterling) investment grade and high yield debt instruments.

The fund is actively managed. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities.

The Investment Manager will, when selecting investments for the fund and for the purposes of monitoring risk, consider the ICE Bank of America Merrill Lynch Q409 Custom Index (GBP Hedged) which is a custom blend of investment grade and high yield corporate bond indices maintained by Bank of America Merrill Lynch. However, the Investment Manager has a wide degree of freedom relative to the index and may invest in issuers, sectors, countries and security types not included in the index in order to take advantage of investment opportunities. This means the fund’s investments and therefore performance may vary significantly from the index.

The fund may also obtain exposure to transferable securities, money market instruments, collective investment schemes, cash and near cash and deposits. Derivatives may be used for efficient portfolio management and investment purposes and may include (but are not limited to) derivatives on exchange rates, interest rates, inflation and credit. The fund may also take positions which enable it to benefit from falling asset prices.
New objective To deliver an income in excess of the average yield of the funds in the Investment Association's IA Sterling Strategic Bond sector, before fees, over a rolling 3-year period.

The fund will be at least 80% exposed to sterling denominated (or hedged back to sterling) global debt instruments, including emerging market debt.

The fund will invest in investment grade and non-investment grade instruments (e.g. government bonds and corporate bonds).

The fund is actively managed and is not constrained by a benchmark. The Investment Manager identifies suitable opportunities for the Fund utilising in-house research and investment capabilities.

The fund may also obtain exposure to transferable securities, money market instruments, collective investment schemes, cash and near cash and deposits. Derivatives may be used for efficient portfolio management and investment purposes and may include (but are not limited to) derivatives on exchange rates, interest rates, inflation and credit. The fund may also take positions which enable it to benefit from falling asset prices.