Stay connected:
Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a640300
Fidelity boosts multi asset range with Adventurous fund for Greetham
Markets
by Emma Dunkley on Dec 06, 2012 at 07:45
Fidelity has launched the Multi Asset Allocator Adventurous fund for manager Trevor Greetham, broadening out its multi asset fund of passives range.
The new Adventurous strategy joins the Defensive, Balanced and Growth funds within the Fidelity Multi Asset Allocator line-up, and all of the vehicles are actively managed by Greetham.
Greetham invests in index trackers in order to gain low-cost exposure to each underlying asset class.
The Adventurous fund’s composite benchmark comprises 100% growth assets, with 50% in global equities, including the emerging markets, as well as 25% in UK equities, 15% in commodities and 10% in global property securities.
Greetham also has the flexibility to tactically allocate a maximum of 20% to bonds and cash.
The new fund is available with both A and Y share classes, with total expense ratios of 1.17% and 0.67% respectively.
As well as the low-cost Allocator range, Fidelity offers a multi asset, fund of active funds range headed by Greetham, consisting of the Defensive, Strategic, Growth and Adventurous funds.
News sponsored by:
Subscribe to Wealth Manager magazine and rack up CPD points
Citywire Wealth Manager has partnered with CISI to enrich the experience of subscribers to our magazine.
Today's top headlines
More about this:
Look up the funds
Look up the shares
Look up the fund managers
Archive
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
Click here to find out more from the Audience Development team.
leave a comment
Please sign in here or register here to comment. It is free to register and only takes a minute or two.