Fidelity Multi Asset Open Defensive Fund

Select share classes
There is only one type of share class for this fund.

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation

Category GBP Allocation 20-40% Equity
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

165.20p

arrow-up0.20p (+0.12%)

Fund Code

NMODA

BC7GXK5

GB00BC7GXK56

Prices updated as at 18 Feb 2026
|
Prices in GBX
Investment objective
This Fund targets an average annual return of 4% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the W share class. There is no guarantee that the target will be achieved by the Fund. The Fund provides global exposure to a diversified range of assets (including bonds, equities, alternatives and commodities) by investing at least 70% into funds (including those operated by Fidelity) which may be index tracking funds or actively managed funds.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/01/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

38.50%

% Weight
Value
Core
Growth
Large

17

39

18

Medium

5

10

5

Small

2

3

2

  • Interest rate risk

    Bond %
    Avg credit quality-
    Avg wtd coupon5.3
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    No Data

Valuation

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation
GBP Allocation 20-40% Equity

15.44

15.44
17.79

1.61

1.61
2.12

2.28

2.28
2.85

10.69

10.69
12.39

Growth rate

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation
GBP Allocation 20-40% Equity

10.13%

10.13%
10.82%

2.39%

2.39%
2.10%

7.06%

7.06%
13.01%

Top 10 holdings

1
Fidelity Global Aggregate Bond I GBP Acc
Sector
-
Country
Ireland
% of assets
19.85233
2
Ie00bd0nhl93
Sector
-
Country
-
% of assets
10.4792
3
Pictet - Strategic Credit HJ GBP
Sector
-
Country
Luxembourg
% of assets
9.42999
4
Jupiter Strategic Bond X Acc
Sector
-
Country
United Kingdom
% of assets
9.41859
5
Amundi Physical Gold ETC C
Sector
-
Country
France
% of assets
6.49916
6
Principal Finisterre Unc EMFI I2HInc£
Sector
-
Country
Ireland
% of assets
5.05173
7
Fidelity Global Dividend W Acc
Sector
-
Country
United Kingdom
% of assets
4.93729
8
FF - Abs Ret Glb Eq I-ACC-GBP H
Sector
-
Country
Luxembourg
% of assets
4.34966
9
Artemis UK Select G Acc GBP
Sector
-
Country
United Kingdom
% of assets
3.30104
10
Brevan Howard Abs Rt Govt Bd A1M GBP Acc
Sector
-
Country
Luxembourg
% of assets
2.63917
Assets in top 10 holdings %

75.96%

Total no. of equity holdings

-

Total no. of bond holdings

-

Stock sectors

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation
GBP Allocation 20-40% Equity

41.41%

Basic materials

5.17%
-

Con cyclical

11.84%
-

Financial svs

23.03%
-

Real estate

1.37%
-

42.80%

Comm services

6.23%
-

Energy

1.65%
-

Industrials

16.09%
-

Technology

18.82%
-

15.79%

Con defensive

6.51%
-

Healthcare

6.32%
-

Utilities

2.96%
-


Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


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