Fidelity International (Fidelity) today announces the launch of its Sustainable Multi Asset Fund range, further expanding its cross-asset Sustainable Family of Funds.
The Fidelity Sustainable Multi Asset Fund range will initially consist of three OEICs – the Fidelity Sustainable Multi Asset Conservative Fund, Fidelity Sustainable Multi Asset Balanced Fund and Fidelity Sustainable Multi Asset Growth Fund.
With a compelling OCF of just 0.5%*, each fund aims to deliver risk-controlled capital growth over the longer term thanks to carefully constructed strategic asset allocations from Fidelity’s Solutions and Multi Asset team. The lower-risk funds in the range have a greater exposure to defensive assets such as fixed income, and moving up the risk spectrum, each fund will take on a greater allocation towards growth assets such as global and emerging market equities.
Investing primarily in strategies drawn from Fidelity’s Sustainable Family of Funds, the funds will maintain a minimum of 70% of net assets invested in securities deemed to have sustainable characteristics and all holdings will adhere to Fidelity’s Sustainable Family exclusion policy**.
The funds will be managed using a team-based approach by Fidelity’s Solutions and Multi Asset, an 80-strong team including 39 investment professionals globally, managing £39bn*** for a range of retail and institutional clients. Nick Peters will be lead portfolio manager with Ayesha Akbar co-portfolio, manager. Both will collaborate closely with the broader investment team, engaging in ongoing debate and discussion through a range of forums, sharing ideas and challenging views across the investment process.
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