MoneyAM Fund Centre

Quick Stats

Fund Objective

Aims to provide high current income and capital growth. Obtains exposure primarily to high-yielding, sub investment grade bonds of issuers globally. Can invest in relation to bonds issued by governments, companies and other bodies. The types of bonds in relation to which the fund will mainly invest will be subject to high risk and will not be required to meet a minimum rating standard. The fund may make use of derivatives which are consistent with achieving the fund’s objective. This may result in “leverage” by which we mean a level of exposure which could expose the fund to the potential of greater gains or losses than would otherwise be the case. The fund has discretion in its choices of investments within its objectives and policies.

Fund Managers

Peter Khan

Peter Khan is Portfolio Manager of Fidelity’s Global High Yield, Total Return Credit (Multi-Asset Credit and Income) and Absolute Return bond portfolios. Peter joined Fidelity in 2000 as a trader and was promoted to Head of Trading in 2003. Peter became a portfolio manager in 2009 and has been responsible for a number of global fixed income portfolios, including Fidelity’s Global High Yield and Global Income funds. Prior to Fidelity, he was with Bayerische Hypo-und-Vereinsbank as the Head of Trading of the London Eurobond desk. Peter has an MBA Finance and International Business from Stern School of Business, New York University.

Andrei Gorodilov

Andrei Gorodilov joined Fidelity in 2004 as a Senior Credit Analyst. He was promoted to an assistant portfolio manager in 2009 and finally a portfolio manager in 2011. Prior to Fidelity, Andrei gained experience as a credit analyst as CSFB, and started his career with the European Bank for Reconstruction & Development as a financial analyst in 1994. Andrei has a Diploma with Honours in Russian, World History and Educational Methodology from Khabarovsk State, and a postgraduate Masters degree in International Affairs & International Banking and Finance from Columbia University, New York.

James Durance

James joined Fidelity in 2013 as a senior credit analyst covering the automotive and transportation sectors, before joining the portfolio management team in 2015. He has been co-manager of the Fidelity Global High Yield Fund since January 2019. He started his career in 1998 at BSMG Worldwide, before moving to a role at IHS Global Insight, where he worked in market research in the automotive and telecoms industries. After his MBA at IESE in Spain, James worked at Morgan Stanley as a credit analyst from 2006 - 2013, covering investment grade and high yield credit and working across the bonds, loans and derivative asset classes.