Change in Investment Policy of R91 Fidelity Multi Asset Strategic (GBP)
18 June 2018
We have been notified by Fidelity Investment Funds IV (“The Company”) that the underlying fund of R91 Fidelity Multi Asset Strategic (GBP) will be subject to a revision of the Investment Policy, effective from 20 June 2018 (the “Effective Date”).
The revised Investment Policy of the underlying fund of R91 Fidelity Multi Asset Strategic (GBP) shall read:
“The Fund provides global exposure to a diversified range of assets by primarily investing in funds. The Fund typically invests more than 65% in sub-funds of an Irish UCITS fund (Fidelity Common Contractual Fund II) operated by Fidelity which subsequently utilise the experience and specialisms of a number of investment managers (which may include Fidelity) to manager the underlying assets.
The Fund can also invest directly into other collective investment schemes (including schemes operated by Fidelity), transferable securities, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes.
Asset allocation exposure of the Fund will be actively managed and typical allocation will be as follows: 50% lower risk assets (such as debt instruments e.g. bonds and cash) and 50% higher risk assets (including equities, commodities and property securities). However, the Fund’s allocation between lower risk and higher risk assets can be tactically adjusted within the following range in order to preserve capital or take advantage of market opportunities: in all market conditions, 30-70% lower risk assets and 30-70% higher risk assets.”
Should you have any questions regarding these changes, please contact International Funds & Investments.