Fidelity Multi Asset Open Defensive Fund

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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

159.40p

arrow-up0.50p (+0.31%)

Fund Code

NMODA

BC7GXK5

GB00BC7GXK56

Prices updated as at 12 Dec 2025
|
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 31/10/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

31.10%

% Weight
Value
Core
Growth
Large

21

31

20

Medium

6

10

6

Small

2

3

1

  • Interest rate risk

    Bond %
    Avg credit quality-
    Avg wtd coupon5.11
    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

15.21

15.21
17.42

1.55

1.55
2.01

2.18

2.18
2.70

9.81

9.81
12.01

Growth rate

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

9.70%

9.70%
10.09%

2.49%

2.49%
2.28%

7.55%

7.55%
12.84%

Top 10 holdings

1
Fidelity Global Aggregate Bond I GBP Acc
Sector
-
Country
Ireland
% of assets
23.63286
2
Ie00bd0nhl93
Sector
-
Country
-
% of assets
9.94165
3
Jupiter Strategic Bond X Acc
Sector
-
Country
United Kingdom
% of assets
9.90436
4
Pictet - Strategic Credit HJ GBP
Sector
-
Country
Luxembourg
% of assets
9.56975
5
Amundi Physical Gold ETC C
Sector
-
Country
France
% of assets
5.53219
6
Principal Finisterre Unc EMFI I2HInc£
Sector
-
Country
Ireland
% of assets
4.69171
7
Fidelity Global Dividend W Acc
Sector
-
Country
United Kingdom
% of assets
4.34693
8
FF - Abs Ret Glb Eq I-ACC-GBP H
Sector
-
Country
Luxembourg
% of assets
3.80642
9
Artemis UK Select G Acc GBP
Sector
-
Country
United Kingdom
% of assets
3.10232
10
Fidelity Global Emerging Mkt Eq IUSDAcc
Sector
-
Country
Ireland
% of assets
2.5365
Assets in top 10 holdings %

77.06%

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

42.16%

Basic materials

4.48%
-

Con cyclical

12.33%
-

Financial svs

24.01%
-

Real estate

1.34%
-

43.89%

Comm services

7.50%
-

Energy

1.45%
-

Industrials

15.38%
-

Technology

19.55%
-

13.95%

Con defensive

5.49%
-

Healthcare

5.45%
-

Utilities

3.01%
-


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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