Fidelity launches sustainable multi-asset range

AJ Gonzalez | June 13, 2021

FT Adviser, June 10 2021, By 

Fidelity has launched a sustainable multi-asset fund range consisting of three Oeics.

The Fidelity sustainable multi-asset conservative fund, Fidelity sustainable multi-asset balanced fund, and Fidelity sustainable multi-asset growth fund have an ongoing charge of 0.5 per cent.

The funds will be managed by Fidelity’s solutions and multi-asset team, with Nick Peters as lead portfolio manager and Ayesha Akbar co-portfolio manager.

The funds will invest a minimum of 70 per cent in assets deemed to have sustainable characteristics.

John Clougherty, head of UK wholesale at Fidelity, said: “At Fidelity, ESG integration is an integral part of our investment process across all strategies as we believe that sustainability factors are material to long-term investment outcomes.

“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.”

Fidelity said each of the new funds aims to deliver risk-controlled capital growth over the longer term.

The lower-risk funds in the range have a greater exposure to defensive assets such as fixed-income, with a greater exposure to growth assets (such as global and emerging market equities) for the higher risk funds.


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