Morningstar

Fidelity Index UK P GBP Income

Morningstar Medalist Rating
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Medalist Rating as of
  • NAV / 1-Day Return £1.66  /  −1.00 %
  • Fund Size £4.9B
  • Adjusted Expense Ratio —
  • Net Expense Ratio —
  • Fee Level: Distribution Low
  • Share Class Type —
  • Morningstar Category UK Large-Cap Equity
  • Equity Style Box (Funds) Large Blend
  • Minimum Initial Investment £500
  • Investment Status Open
  • TTM Yield 3.06%
  • Turnover Ratio −13%
NAV and 1-Day Return as of

Morningstar’s Analysis

Will Fidelity Index UK P GBP Income outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable Fidelity Index UK P GBP Income’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the Fidelity Index UK P GBP Income management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of Fidelity Index UK P GBP Income’s parent organization’s priorities and whether they’re in line with investors’ interests.

A compelling UK all-market investment proposition.

Analyst Eugene Gorbatikov

Eugene Gorbatikov

Analyst

Summary

Fidelity UK Index Fund tracks the FTSE All-Share Index, a broad and diversified benchmark that captures approximately 98% of the UK equity market, offering comprehensive and representative exposure to UK-listed stocks. The index allocates around one-fourth of its weight to mid-, small-, and micro-cap stocks, offering more diversified exposure than the well-known but large-cap-heavy FTSE 100 Index. As a result, the FTSE All-Share Index is expected to deliver stronger risk-adjusted returns over the long term. The fund employs an optimized approach to replicate the index.

by Eugene Gorbatikov
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Portfolio Holdings

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  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 43.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
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