Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Fidelity boosts multi asset range with Adventurous fund for Greetham

Fidelity boosts multi asset range with Adventurous fund for Greetham

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.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter