Fidelity gives Greetham more punch with Adventurous fund launch

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...