Fidelity International Expands Sustainable Family of Funds With Multi Asset Offering

14 June 2021

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.

Source: Fidelity