Fidelity bolsters sustainable fund range with multi-asset offering

News Team, 11/06/2021

Fidelity International (Fidelity) has expanded its suite of cross-asset funds with the launch of its sustainable multi-asset fund range.

The Fidelity Sustainable Multi Asset Fund range will initially consist of three OEICs: Fidelity Sustainable Multi Asset Conservative Fund, Fidelity Sustainable Multi Asset Balanced Fund and Fidelity Sustainable Multi Asset Growth Fund.

Each fund aims to deliver risk-controlled capital growth over the longer term with strategic asset allocations from Fidelity’s Solutions and Multi Asset team.

The funds will be overseen by Nick Peters, lead portfolio manager, and Ayesha Akbar co-portfolio, manager. Both will collaborate closely with the broader investment team, engaging in ongoing debate and discussion through a range of forums, sharing ideas and challenging views across the investment process.

The lower-risk funds in the range have a greater exposure to defensive assets such as fixed income. Moving up the risk spectrum, each fund will take on a greater allocation towards growth assets such as global and emerging market equities.

Investing primarily in strategies drawn from Fidelity’s Sustainable Family of Funds, the funds will maintain a minimum of 70 percent net assets invested in securities deemed to have sustainable characteristics and all holdings will adhere to its exclusion policy.

Commenting on the launch, John Clougherty, head of UK Wholesale at Fidelity International said: ““With increased regulation and growing client demand, we recognise the importance to the UK adviser market of building sustainability considerations into suitability assessments and their fund section process. That’s why for those clients who require an enhanced ESG screening, we are pleased to offer a growing selection of funds in our Sustainable Family of Funds spanning our equity, fixed income, ETF and now multi asset franchises, providing a wide ranging but universal and robust approach to sustainable investing.”

About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM


Dedicated to serve both investors and fund companies, aims at becoming the preferred publication platform for market professionals.

Read more