Fidelity cuts fees on multi-asset range

OCF dropping from 0.25% to 0.20%

Pedro Gonçalves
clock • 1 min read

Fidelity International has reduced the ongoing charges figure (OCF) from 0.25% to 0.20% across its Fidelity Multi Asset Allocator fund range.

Consisting of five funds with just over £1bn in AUM, the Fidelity Multi Asset Allocator range offers investors broad-based and diversified exposure to global markets The range includes the Fidelity Multi Asset Allocator Defensive fund, Fidelity Multi Asset Allocator Strategic fund, Fidelity Multi Asset Allocator Growth fund, Fidelity Multi Asset Allocator Adventurous fund and the Fidelity Allocator World fund. Lead portfolio manager, Chris Forgan, categorises investments into two groups, growth and defensive, allocating to each according to the risk profile of each fund. The lower-ris...

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