Fidelity International cuts fees on multi-asset range

OCF across the range will fall from 0.25% to 0.20%

Fidelity International has reduced the Ongoing Charges Figure (OCF) from 0.25% to 0.2% across its Fidelity Multi Asset Allocator fund range.

Consisting of five funds with just over £1bn in AUM, the Fidelity Multi Asset Allocator range offers investors broad-based and diversified exposure to global markets The range includes the Fidelity Multi Asset Allocator Defensive fund, Fidelity Multi Asset Allocator Strategic fund, Fidelity Multi Asset Allocator Growth fund, Fidelity Multi Asset Allocator Adventurous fund and the Fidelity Allocator World fund. Fidelity International partners with Moonfare to provide access to private markets funds Lead portfolio manager, Chris Forgan, categorises investments into two groups, growth...