Fidelity Personal Investing
Tom Stevenson's view: "Fidelity manager Eugene Philalithis has a strong track record on the Multi Asset Income Fund and is highly experienced, having spent over twenty years in the investment industry.
"The Fidelity Multi Asset Income fund aims to generate a sustainable income of between 4-6% per annum, with the potential to grow the income stream over time. It does this by investing in a range of asset classes, including equities, bonds and non-traditional asset classes like infrastructure, loans and renewable energy. This helps to diversify sources of income, making the overall yield more sustainable and able to withstand market shocks.
"The fund can also tactically switch between asset classes in order to enhance returns and protect against the impact of market volatility."
|Fidelity Multi Asset Income|
|Ongoing charges / TER||0.88%|
|Our service fee*||0.35%|
* Please note that our service fee is typically 0.35%. If you have more than £250,000 invested with Fidelity Personal Investing across all of your accounts, the fee drops to 0.20%. In addition, there will be no service fee applied to any assets held in excess of £1 million. From December 2015, if you hold less than £7,500 with Fidelity Personal Investing we will charge you the service fee at a flat rate of £45 a year and this drops down to £25 for Junior ISAs and Junior SIPPs. Ongoing fund charges also apply.
To use this fund for pension drawdown please call our retirement specialists on 0800 368 6882.