Fidelity cuts fees on passive multi-asset range


Fidelity Worldwide Investment has cut fees on its passive multi-asset range in another aggressive pricing move.

The group has cut the ongoing charges on its five-strong Fidelity Multi Asset Allocator funds from 0.45% to just 0.25% on FundsNetwork. It comes after the group slashed the price of its index funds in May, undercutting a number of rivals. The Multi Asset Allocator funds - run by James Bateman (pictured) invest across a number of underlying index-trackers and other passive funds. The funds - which include defensive, growth and world portfolios - will be slightly more expensive via other platforms, with an OCF of 0.28%, down from 0.7% previously. Ben Waterhouse, head of UK retail ...

To continue reading this article...

Join Professional Adviser

  • 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.



Already a Professional Adviser member?


More on Managed solutions

by Justin Onuekwusi, head of retail multi asset funds at LGIM will lead the MPS

Richmond Wealth partners with LGIM for model portfolios

Six model portfolios are set to be created as part of the collaboration

Kathleen Gallagher
clock 20 February 2023 • 1 min read
Assessing the many nuances of model portfolio construction

Assessing the many nuances of model portfolio construction

'Evidence-based investing is simple in concept but complex in execution'

Yariv Haim
clock 15 February 2023 • 5 min read
Titan Wealth to manage LEBC/Aspira MPS investments

Titan Wealth to manage LEBC/Aspira MPS investments

Investment house and advice firm in strategic partnership

Jenna Brown
clock 23 January 2023 • 1 min read