Fidelity launches two fixed income index funds

Expands passives range to nine funds

Fidelity International has launched two sterling fixed income index funds, as it expands its passive offering for investors.

The Fidelity Index UK Gilt and Fidelity Index Sterling Corporate Bond funds will aim to provide investors with a low-cost passive fixed income solution, with ongoing charge figures of 10 and 12 basis points respectively. The Gilt fund will track the FTSE Actuaries UK Gilts index and the corporate bond offering will follow the iBoxx GBP Liquid Corporates Large Cap index. Clougherty pins 'record' Q1 for Fidelity on investor comms push Head of wholesale John Clougherty said the extension of Fidelity's UK-domiciled index funds range to nine "reaffirms our commitment to deliver greater ...