Share Class Conversions - Fidelity Multi Asset Funds

Share Class Conversions - Fidelity Multi Asset Income Funds

On 1 March 2019 we will move investments from the Y share classes of these funds into the N share classes.  This means that your ongoing charges figure (OCF) will go down by 0.25%, as shown in the following table.

Current share class(OCF)

New share class (OCF)

Multi Asset Income Fund Y-ACC (1.14%)

Multi Asset Income Fund N-ACC (0.89%)

Multi Asset Income Fund Y-INC (1.14%)

Multi Asset Income Fund N-INC (0.89%)

Multi Asset Balanced Income Fund Y-ACC (1.21%)

Multi Asset Balanced Income Fund N-ACC (0.96%)

Multi Asset Balanced Income Fund Y-INC (1.21%)

Multi Asset Balanced Income Fund N-INC (0.96%)

Multi Asset Income & Growth Fund Y-ACC (1.23%)

Multi Asset Income & Growth Fund N-ACC (0.98%)

Multi Asset Income & Growth Fund Y-INC (1.23%)

Multi Asset Income & Growth Fund N-INC (0.98%)

If you have invested in any of the above funds you will receive a letter with full details of the changes.

Once the conversion takes place we will update this page with a link to information about how we calculated the number of shares investors would receive in their new share class.

Share Class Conversions for Fidelity Multi Asset Open Funds

On 16 January 2019 we will move investments from the Y share classes of these funds into the N share classes. This means that your ongoing charges figure (OCF) will go down by 0.25%, as shown in the following table.

Current share class (OCF)

New share class (OCF)

Fidelity Multi Asset Open Defensive Fund Y (1.40%)

Fidelity Multi Asset Open Defensive Fund N (1.15%)

Fidelity Multi Asset Open Strategic Fund Y (1.35%)

Fidelity Multi Asset Open Strategic Fund N (1.10%)

Fidelity Multi Asset Open Growth Fund Y (1.40%)

Fidelity Multi Asset Open Growth Fund N (1.15%)

Fidelity Multi Asset Open Adventurous Fund Y (1.50%)

Fidelity Multi Asset Open Adventurous Fund N (1.25%)

Fidelity Open World Fund Y (1.50%)

Fidelity Open World Fund N (1.25%)

If you have invested in any of the Y Share classes above you will receive a letter with full details of the changes.