ETF · Fidelity
FEIP Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR
ISIN IE00048UULY2London Stock Exchange: FEIPFMR LLC
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Accumulating
- GBP hedged
Latest close
LSE£5.94
on
- Ongoing charge
- 0.30% a year
- Fund size
- £328m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, FEIP (Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR, ISIN IE00048UULY2) closed at £5.94 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the three years to 13/11/2026 its price changed by +16.7%, or +5.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +1.0%
- −2.6% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +16.7%
- +5.5% after inflation (UK CPIH)
Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR in pounds (price, with income reinvested in the fund): 2024 +5.2%, 2025 +4.9%; 2026 to 13/11/2026 +0.8%. Returns of Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.2%; to 30/09/2025: +5.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +0.8% | −2.4% | |
| to | +4.9% | +1.3% | |
| to | +5.2% | +1.6% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +0.2% | −3.4% |
| from | +5.7% | +1.6% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
3.2%over 3 years
| 1 year | 2.9% |
|---|---|
| 3 years | 3.2% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2023
- −2.6%
- From to
- Lowest 12-month return
- +0.3%
- 12 months to
- Highest 12-month return
- +10.8%
- 12 months to
- Below its highest weekly close since October 2023
- 1.3%
- High of , latest
In words: Volatility of Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR in pounds, annualised from weekly returns to 13/11/2026: 2.9% over 1 year, 3.2% over 3 years. Largest fall in the price of Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR since October 2023, in pounds: −2.6% from 27/02/2026 to 27/03/2026. The lowest 12-month return of Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR in pounds (price, with income reinvested in the fund) since October 2023 was +0.3% (12 months to 23/10/2026); the highest was +10.8% (12 months to 25/10/2024). On 13/11/2026 the price of Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR was 1.3% below its highest weekly close since October 2023 (26/06/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.30%
- a year
- On £10,000
- £30
- a year, roughly
- Over five years
- £149
- of £10,000, before growth
- 265 charge less
- 22 the same
- 140 charge more
Ongoing charge of Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR 0.30% a year. Compared on 14/11/2026, 140 of the 427 other corporate and other bond funds charge more, 22 the same and 265 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR is an exchange-traded fund (ETF) from Fidelity, launched in 2023.
It tracks the No Underlying Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.3% a year — about £30 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- FEIP
- ISIN
- IE00048UULY2
- Provider
- Fidelity
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.30% a year · about £30 on £10,000
- Fund size
- £328m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £5.87 on 14/11/2025 to £5.94 on 13/11/2026 (+1.2%). The lowest close shown was £5.83 on 27/03/2026 and the highest £6.02 on 26/06/2026.
One close a week. Before 21/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Weeks missing from our record are filled from the same history.
As of , at least 15 min delayed
Five years of prices, and after inflation
160 weekly closes, from 27/10/2023 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 108 rolling 12-month returns since October 2023, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 2 largest falls since October 2023, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of FEIP?
The ongoing charge of FEIP is 0.30% a year — about £30 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Fidelity EUR Corp Bond Research Enhanced PAB UCITS ETF EUR 0.30% a year. Compared on 14/11/2026, 140 of the 427 other corporate and other bond funds charge more, 22 the same and 265 less (share classes counted once).
Is FEIP accumulating or distributing?
FEIP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of FEIP?
The ISIN of FEIP is IE00048UULY2. An ISIN identifies one exact share class of a fund; FEIP is its ticker on the London Stock Exchange.
What were FEIP’s returns in each of the last five years?
Calendar-year returns of FEIP in pounds (price, with income reinvested in the fund): 2024 +5.2%, 2025 +4.9%; 2026 to 13/11/2026 +0.8%. Past performance is not a guide to future returns.
How has FEIP done after inflation?
Over the three years to 13/11/2026 FEIP’s price changed by +16.7%, or +5.5% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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