Fidelity offers free entry into Multi-Asset Strategic fund

  • Story by: Daniel McAllister
  • Magazine: InvestmentAdviser
  • Published Monday , October 06, 2008

Fidelity International is offering free entry into its £53.4m Multi-Asset Strategic fund in a bid to woo cautious long-term investors onto its books.

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Investors will pay no front-end charges on new money committed to the fund on the first £100m of new investments through an Isa, Isa transfer or unwrapped investments limited to £100,000. Peter Hicks, executive director at Fidelity International, said: “Many investors want an alternative investment that offers not only a relative shelter during market storms, but also exposure to risk assets such as equities when conditions improve.”

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