Fidelity multi-manager fund seeks cash from with-profits

Professional Adviser
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Fidelity International has revealed the line-up for its multi-manager distribution fund, a new vehicle that targets legacy money from with-profits by investing in UK equity income, fixed income and global property securities funds. The equity income and bond portions will each comprise 40% of the fund. The former portion consists of Artemis Income, Neptune Income, JO Hambro Equity Income and the Standard Life UK Equity High Income Institutional fund, while the fixed income list consists of the ECM Danube Fil Institutional, GS Libor Plus II, Cazenove Strategic Bond and Pall Mall High Yield ...

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