Fidelity International has launched a range of sustainable multi-asset funds, initially consisting of three OEICs: the Fidelity Sustainable Multi Asset Conservative, Balanced and Growth funds.
Each of the funds, based on asset allocations from Fidelity's Solutions and Multi Asset team, aims to deliver risk-controlled capital growth over the longer term. The OCF on each will be 0.5%. The lower-risk funds will have a higher allocation to defensive assets, such as fixed income, while there will be more exposure to growth assets such as global and emerging market equities higher up the risk spectrum. A minimum of 70% of net assets of each fund will be invested in securities deemed to have sustainable characteristics, based on MSCI Sustainability ratings, and Fidelity's Sustaina...
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