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FIDELITY MULTIMANAGER INCOME PORTFOLIO - Fund overview

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Find rated mixed investment 20-60% shares funds


Overview of FIDELITY MULTIMANAGER INCOME PORTFOLIO

An unfettered fund of funds benchmarked against 55% FTSE All Share Index and 45% Merrill Lynch UK Bond Index falling into the Cautious managed sector, targeting income and capital growth. The total expense ratio for this product is capped at 2% per annum, making it one of the most competitive fund of fund products in the market.

Standard Initial Charge

3.50% 0.50%

Invest via Bestinvest

to save 3.00%

Fund summary

Sector  Mixed Investment 20-60% Shares
Product type  OEIC
Launched  October, 2003
Size  £110m
Yield 2.1%
Charging basis  –
Dividends paid  7/12, 7/6
Bid price 26.24p

Fund Charges

Standard Initial charge 3.50%
Initial charge via Bestinvest 0.50%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Total expense ratio 1.99%
Reduction in yield (10yr) 2.04%

Bestinvest says


No information available.

Portfolio

fidelity multimanager income portfolio asset allocation illustration
Allocation Proportion
Equity 55%
High yield bonds
Quality bonds 41%
Property
Commodities
Hedge
Fund cash 4%
fidelity multimanager income portfolio equity geographic illustration
Allocation Proportion
UK 98%
Europe 2%
Nth America
Japan
Pacific
Other Equity 0%
fidelity multimanager income portfolio equity capitalisation illustration
Allocation Proportion
Large Caps 56%
Mid Caps 23%
Small Caps 21%

Investment process


The Fund’s investment objective is to provide an income along with some potential for capital growth. The Fund will invest primarily in collective investment schemes managed
by other fund managers. It may also invest in collective investment schemes managed by Fidelity and directly in equities, bonds and money market instruments.
Equity holdings will be UK focused.
Minimal bets are taken at the geographic level as the investment process is constructed to try and add value through fund selection rather than asset allocation. However, the fund will favour certain market styles or themes from time to time, but generally the idea is to maintain a diversified portfolio.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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