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

165.40p

arrow-up0.30p (+0.18%)

Fund Code

NMODA

BC7GXK5

GB00BC7GXK56

Prices updated as at 15 May 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/Product Summary 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 30/04/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

30.65%

% Weight
Value
Core
Growth
Large

18

31

21

Medium

7

10

5

Small

2

4

2

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.49
    Modified duration4.73

  • Credit quality breakdown

    Rating% of Bond
    AAA6.35
    AA12.35
    A3.51
    BBB16.34
    BB29.55
    B10.8
    Below B3.06
    Not Rated18.04

Valuation

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

14.56

14.56
16.16

1.50

1.50
1.90

2.19

2.19
2.61

10.04

10.04
10.98

Growth rate

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

11.59%

11.59%
10.33%

2.80%

2.80%
2.33%

8.78%

8.78%
11.55%

Top 10 holdings

1
Fidelity Global Aggregate Bond I GBP Acc
Sector
-
Country
Ireland
% of assets
15.62998
2
Ie00bd0nhl93
Sector
-
Country
-
% of assets
12.78955
3
Pictet - Strategic Credit HJ GBP
Sector
-
Country
Luxembourg
% of assets
9.96639
4
Jupiter Strategic Bond X Acc
Sector
-
Country
United Kingdom
% of assets
9.92793
5
Principal Finisterre Unc EMFI I2HInc£
Sector
-
Country
Ireland
% of assets
4.92266
6
Fidelity Global Dividend W Acc
Sector
-
Country
United Kingdom
% of assets
4.91821
7
Amundi Physical Gold ETC C
Sector
-
Country
France
% of assets
4.16526
8
FF - Abs Ret Glb Eq I-ACC-GBP H
Sector
-
Country
Luxembourg
% of assets
4.07356
9
Artemis UK Select G Acc GBP
Sector
-
Country
United Kingdom
% of assets
2.70543
10
Brevan Howard Abs Rt Govt Bd A1M GBP Acc
Sector
-
Country
Luxembourg
% of assets
2.63184
Assets in top 10 holdings %

71.73%

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

38.65%

Basic materials

6.15%
-

Con cyclical

11.11%
-

Financial svs

20.02%
-

Real estate

1.36%
-

47.34%

Comm services

5.96%
-

Energy

2.24%
-

Industrials

19.75%
-

Technology

19.38%
-

14.02%

Con defensive

6.19%
-

Healthcare

5.10%
-

Utilities

2.73%
-


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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