The Fidelity Multi Open Defensive, Adventurous and World funds join the existing Strategic and Growth funds, boosting the range to five managed products.
The multi asset range has recently undergone rebranding, to position the products for greater uptake among advisers.
Ben Waterhouse, head of UK retail sales, said: ‘The changes to the multi-asset and multi-manager funds are to make them a more coherent and easy to understand range.
‘These changes reflect the ongoing transformation of the advisory market which sees a growth in demand for managed solutions. The multi-asset and multi-manager funds provide a variety of risk profiled solutions that are designed to meet differing investor requirements.'
The new Fidelity Multi Asset Open Defensive fund has a benchmark comprising 50% bonds, 25% cash, 15% equities, 5% commodities and 5% real estate investment trusts.
The Fidelity Multi Asset Open Adventurous fund’s index is higher risk, consisting of 75% equities, 15% commodities and 10% Reits.
At the top end of the risk spectrum, the Fidelity Multi Asset Open World fund holds 100% equities.
The Open funds, managed by Bateman’s team including Ayesha Akbar and Eugene Philalithis, have a Y share class with an annual management charge of 0.75%.