Advisers that use Fidelity FundsNetwork are continuing to invest defensively, the firm said, revealing the Global sector was again the most popular sector on the platform in April.
Fidelity said its theory that advisers are continuing with a defensive attitude is backed up by the make-up of the top-ten bestselling sectors in April, which saw Volatility Managed come in as the second most popular ahead of Mixed Investment 40-85% Shares and £ Strategic Bonds. In terms of specific funds, Fundsmith Equity was the most popular on the platform in April ahead of the Fidelity Cash Fund and the Vanguard LifeStrategy 40% Equity Fund. As for the investments made within pension funds on the platform, FundsNetwork said the cautious sentiment is extending to long-term asset al...
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