What all-in-one 60/40 funds do you hold that I can invest in?

Q: What all-in-one 60/40 funds do you hold that I can invest in?

A: Good question. If by a 60/40 fund you mean one that invests roughly 60% in shares and 40% in bonds, then yes, there are options available through Fidelity.

A 60/40 fund is typically a type of multi-asset fund - which simply means it holds a mix of different asset classes, such as shares, bonds, cash, property or commodities.

The appeal is simplicity. Instead of choosing separate share and bond funds yourself, you can invest in one fund that holds a mixture of investments for you.

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One way to find a 60/40 fund

One route you can use to track down a 60/40-type fund is our Navigator tool. You can learn more about Navigator here.

One of the clearest 60/40-style examples is the Fidelity Multi Asset Allocator Growth Fund.

This is the cost-focused growth option at the medium-risk level in Navigator. It takes a largely passive approach, mainly using index-tracking funds designed to follow particular markets rather than actively picking investments in an attempt to outperform them.

The fund aims to maintain 60% in higher-risk assets, predominantly shares, and 40% in lower-risk assets such as bonds and cash. The portfolio is periodically rebalanced back towards that target.

So, while this isn't quite the same as saying it will always hold exactly 60% in shares and 40% in bonds, it is very close to the traditional 60/40 idea. Its July online fund information showed the portfolio remained close to its target, with 59.8% in stocks and 39.1% in bonds.

There is also an actively managed option at the same medium-risk level, the Fidelity Multi Asset Open Growth Fund. Here, the managers have much more freedom to change the mix of investments depending on where they see opportunities.

At the end of July, it had 68.1% in growth assets and 14.8% in defensive assets, alongside alternatives and cash. So, although it sits at the same broad Navigator risk level, it isn't a traditional 60/40 fund - an important point to note.

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What other routes are there?

Another way to start your search is to use the search bar at the top of the Fidelity website. Searching for terms such as ‘60’, ‘60/40’, ‘60% equity’, ‘balanced’ or ‘multi-asset’ can help surface funds that might fit what you're looking for.

You can then use our Investment Finder tool to research and compare the funds you've found, or use its filters to explore the wider range available through Fidelity, including funds from other investment providers.

But don't rely on the fund's name alone. A fund sitting in a broad mixed-asset category - or even having ‘60’ in its name - doesn't necessarily mean it will always hold exactly 60% in shares and 40% in bonds.

How can I check a fund's split myself?

Once you've found a fund you're interested in, open its online fund information and select the Portfolio tab. Under Asset allocation, you can see how the fund is currently divided between shares, bonds, cash and other investments.

It's also worth checking the fund's objective or investment policy. This can help you work out whether a 60/40-style split is something the fund is actually designed to maintain, or simply where its portfolio happens to be today.

That's worth checking because asset allocations can change over time, particularly with actively managed funds.

Got a burning question you want to ask? Why not drop us a line. Click here to ask your question.

• Read: Looking for an 80/20 or 60/40 style fund?
• Read: Index fund ideas from our Select 50
• Read: How to review your investment portfolio

Important information - investors should note that the views expressed may no longer be current and may have already been acted upon. This information is not a personal recommendation for any particular investment. Overseas investments will be affected by movements in currency exchange rates. Investments in emerging markets can be more volatile than other more developed markets. There is no guarantee that the investment objective of any Index Tracking Sub-Fund will be achieved. The performance of the sub-fund may not match the performance of the index it tracks due to factors including, but not limited to, the investment strategy used, fees and expenses and taxes. Reference to specific securities should not be construed as a recommendation to buy or sell these securities and is included for the purposes of illustration only. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.