Fidelity has expanded Trevor Greetham's multi-asset range of funds, after launching a higher-risk adventurous fund.
The Fidelity Multi Asset Adventurous fund - the fourth fund in the range - will be 100% allocated to equities, commodities and real estate as its neutral position. The group is also merging the Fidelity Flexible Managed fund - a NURS offering currently run by Rita Grewal - into the new Multi Asset Adventurous portfolio. The new fund will be structured as an OEIC, and enhances what is a core range for the group heading into 2013, giving them portfolios to suit a variety fo risk appetites. While its neutral position will be to have 75% invested in equities and 25% invested in commodi...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes