FundsNetwork is launching five risk-based multi-manager vehicles on its platform, run by Fidelity's f...
FundsNetwork is launching five risk-based multi-manager vehicles on its platform, run by Fidelity’s fund of funds team. The PortfolioManager range is designed for use with the platform’s profiling tools and offers differing asset allocation for certain levels of risk, Defensive is the lowest-risk of the five, with 10% in UK equities, 85% in UK bonds and the remaining 5% in property. At the other end of the scale, the Aggressive portfolio is 100% invested in equities, with 10% UK, 70% developed markets and 20% emerging. Between these are the Cautious, Balanced and Adventurous funds, o...
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