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

161.40p

arrow-up1.10p (+0.69%)

Fund Code

NMODA

BC7GXK5

GB00BC7GXK56

Prices updated as at 02 Apr 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 28/02/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Large core

35.36%

% Weight
Value
Core
Growth
Large

16

35

19

Medium

6

11

5

Small

2

3

3

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.31
    Modified duration5.65

  • Credit quality breakdown

    Rating% of Bond
    AAA6.21
    AA10.61
    A3.12
    BBB24.45
    BB32.15
    B17.98
    Below B3.43
    Not Rated2.06

Valuation

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

15.53

15.53
17.96

1.63

1.63
2.15

2.23

2.23
2.84

10.83

10.83
12.05

Growth rate

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

10.54%

10.54%
10.25%

2.33%

2.33%
2.04%

7.42%

7.42%
8.67%

Top 10 holdings

1
Fidelity Global Aggregate Bond I GBP Acc
Sector
-
Country
Ireland
% of assets
16.94834
2
Ie00bd0nhl93
Sector
-
Country
-
% of assets
10.66063
3
Jupiter Strategic Bond X Acc
Sector
-
Country
United Kingdom
% of assets
9.10215
4
Pictet - Strategic Credit HJ GBP
Sector
-
Country
Luxembourg
% of assets
8.94281
5
Amundi Physical Gold ETC C
Sector
-
Country
France
% of assets
6.28044
6
Fidelity Global Dividend W Acc
Sector
-
Country
United Kingdom
% of assets
5.02761
7
Principal Finisterre Unc EMFI I2HInc£
Sector
-
Country
Ireland
% of assets
4.89068
8
FF - Abs Ret Glb Eq I-ACC-GBP H
Sector
-
Country
Luxembourg
% of assets
4.04084
9
Artemis UK Select G Acc GBP
Sector
-
Country
United Kingdom
% of assets
2.99156
10
Fidelity Global Emerging Mkt Eq IUSDAcc
Sector
-
Country
Ireland
% of assets
2.84334
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

42.28%

Basic materials

5.81%
-

Con cyclical

11.82%
-

Financial svs

23.03%
-

Real estate

1.63%
-

42.14%

Comm services

5.40%
-

Energy

1.66%
-

Industrials

17.54%
-

Technology

17.55%
-

15.57%

Con defensive

6.80%
-

Healthcare

6.22%
-

Utilities

2.55%
-


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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