Fidelity has recently launched the Multi Asset Growth Fund. The fund is designed for investors looking for equity type returns but with a broadly diversified portfolio of assets.
The fund can invest in cash, bonds, shares, property and commodities. It is likely to have a higher allocation towards shares, property and commodities compared to cash and bonds. The asset allocation can range between 65-100% in shares, property and commodities and up to 35% in bonds and cash.
If for example, the manager Trevor Greetham is bullish on the market, he can invest 100% in shares, property and commodities. If however, he turns more cautious in his outlook he can have up to 35% in bonds and cash.
The fund also has the ability to use wider investment tools which may increase risk.
Multi asset portfolios are still a relatively new breed of funds and we would like to see how this fund performs on a longer term view. With this in mind, the fund is not currently on the Wealth 150 list of our favourite funds in each sector.
Key Features of the Fidelity Multi Asset Growth Fund
Meera Patel, Senior Analyst
The fund can invest in cash, bonds, shares, property and commodities. It is likely to have a higher allocation towards shares, property and commodities compared to cash and bonds. The asset allocation can range between 65-100% in shares, property and commodities and up to 35% in bonds and cash.
If for example, the manager Trevor Greetham is bullish on the market, he can invest 100% in shares, property and commodities. If however, he turns more cautious in his outlook he can have up to 35% in bonds and cash.
The fund also has the ability to use wider investment tools which may increase risk.
Multi asset portfolios are still a relatively new breed of funds and we would like to see how this fund performs on a longer term view. With this in mind, the fund is not currently on the Wealth 150 list of our favourite funds in each sector.
Key Features of the Fidelity Multi Asset Growth Fund
Meera Patel, Senior Analyst
