# Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc (FHYG)

**Page:** https://fundology.uk/fund/fhyg · ISIN IE000C17QP01

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, FHYG (Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc, ISIN IE000C17QP01) closed at £6.50 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the three years to 13/11/2026 its price changed by +20.6%, or +8.9% after UK CPIH inflation.

## Summary

Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc is an exchange-traded fund (ETF) from Fidelity, launched in 2022. 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 0.4% a year — about £40 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.

Latest close: **£6.50** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | FHYG |
| ISIN | IE000C17QP01 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | Fidelity |
| Income | Accumulating |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £81.7m |
| Launched | 2022 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 07/11/2022 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +0.37% | -3.19% | income reinvested |
| 3 years | +20.55% | +8.91% | price only |

Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc in pounds (price, with income reinvested in the fund): 2023 +11.0%, 2024 +6.1%, 2025 +7.2%; 2026 to 13/11/2026 −0.2%. Returns of Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.6%; to 30/09/2025: +5.6%; to 30/09/2024: +15.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2023 | +11.0% | +6.5% | Price |
| 2024 | +6.1% | +2.5% | Price |
| 2025 | +7.2% | +3.5% | Price |
| 2026 to 13/11/2026 | -0.2% | -3.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 3.97% | -3.26% |
| 3 years | 4.05% | -3.52% |

## Largest fall

Volatility of Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc in pounds, annualised from weekly returns to 13/11/2026: 4.0% over 1 year, 4.1% over 3 years. Largest fall in the price of Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc since November 2022, in pounds: −3.7% from 03/02/2023 to 24/03/2023. The lowest 12-month return of Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc in pounds (price, with income reinvested in the fund) since November 2022 was −0.4% (12 months to 23/10/2026); the highest was +16.9% (12 months to 18/10/2024). On 13/11/2026 the price of Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc was 2.6% below its highest weekly close since November 2022 (27/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Fidelity Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc 0.40% a year. Compared on 14/11/2026, 91 of the 427 other corporate and other bond funds charge more, 10 the same and 326 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of FHYG?**

The ongoing charge of FHYG is 0.40% a year — about £40 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 Global HY Corp Bond Research Enhanced PAB UCITS ETF GBP Hedged Acc 0.40% a year. Compared on 14/11/2026, 91 of the 427 other corporate and other bond funds charge more, 10 the same and 326 less (share classes counted once).

**Is FHYG accumulating or distributing?**

FHYG 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 FHYG?**

The ISIN of FHYG is IE000C17QP01. An ISIN identifies one exact share class of a fund; FHYG is its ticker on the London Stock Exchange.

**What were FHYG’s returns in each of the last five years?**

Calendar-year returns of FHYG in pounds (price, with income reinvested in the fund): 2023 +11.0%, 2024 +6.1%, 2025 +7.2%; 2026 to 13/11/2026 −0.2%. Past performance is not a guide to future returns.

**How has FHYG done after inflation?**

Over the three years to 13/11/2026 FHYG’s price changed by +20.6%, or +8.9% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.