Select 50 Balanced Fund

A new fund that brings our experts’ favourite funds together in one investment.

If you’re looking for fund ideas, our Select 50 is a great place to start, as it contains funds that have been recommended by our experts after extensive research. But what if you want to tap into their ideas, without having to choose lots of funds yourself? That’s where our new Select 50 Balanced Fund comes in.

What is it?

The Select 50 Balanced Fund is a quick and easy way to access the expertise of our team, as it’s a single fund that contains a selection of funds predominantly from the Select 50.

What is its aim?

The fund aims for long-term capital growth from a globally-diversified ‘medium-risk’ portfolio that balances assets with varying degrees of growth potential and risk.

Where does it invest?

It generally holds around 30 funds from a range of different companies (not just Fidelity’s own funds). At least 80% of the portfolio (by value) will come from the Select 50.

Who is the manager?

The fund is managed by Ayesha Akbar, a highly experienced member of the Fidelity Multi Asset team who has been managing multi-manager funds for many years.

How is it managed?

The fund is a portfolio of other funds that will invest predominantly in the Select 50. Ayesha will actively manage the fund to achieve the fund's aims; it won’t just mirror the performance of the Select 50.

What does it cost?

The ongoing charge is 1.25%. This pays for Ayesha's expertise, plus the charges on the funds she chooses (apart from Fidelity funds, where we rebate the cost). You'll also pay our service fee.

Invest in an ISA, SIPP or Investment Account

The Select 50 Balanced Fund is exclusive to Fidelity Personal Investing customers; you can't buy it through anyone else. You can invest from £1,000 as a lump sum or set up a regular savings plan from £50 a month.

Please remember this is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The value of investments can go down as well as up, so you may get back less than you invest.

"The Select 50 Balanced Fund is a quick and easy way to access the investment expertise that underpins Fidelity’s popular Select 50 list of preferred funds. Speaking to our customers since the launch of the Select 50, it has become clear to us that we can go even further to help investors achieve better financial outcomes."Tom Stevenson

Our Investment Director, Tom Stevenson, has explained the thinking behind the fund; why we are launching a fund like this; who might be interested; the fund's objectives and how the fund will be managed.

A highly flexible investment option

Ayesha has the freedom to invest outside the Select 50, because this gives her more flexibility to achieve her goals.

She also has a great deal of flexibility in how she manages the fund, as she can move money between a range of asset classes, such as shares, bonds, property, commodities and cash.

There are just a few fixed limits for the three core elements in the fund. These are 30% to 70% for shares, 20% to 60% for bonds and 0% to 20% for cash.

Tom Stevenson and Ayesha Akbar discuss the main features of the Select 50 Balanced Fund

Ayesha Akbar