Fidelity launches new fund, gives advice
Fidelity International has stated six factors it feels should be considered when choosing an investment fund, as it announces its new MultiManager Distribution Fund.
With people encouraged to save for retirement from a young age, the company believes that investors should deliberate on cost, opacity, performance, asset mix, market value adjusters and access when choosing an investment fund.
MultiManager Distribution Fund is a new investment product from Fidelity International that divides investment over shares, bonds and property with an estimated return of four per cent and expenses capped at two per cent.
Peter Hicks, head of the IFA channel at Fidelity International, spoke of the potential advantages of the company's new fund.
"Over the past few years, many advisers have been angered by the structural flaws of their clients' with-profits funds," he said.
"The investment world has moved on - and it may make sense for some savers to do the same," he added.
The company has been vocal in recent weeks concerning proposed changes to pension legislation.
Fidelity International offers a range of investment products suitable for those saving for retirement, for more information click on our free brochures page.
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