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Fidelity Fundsnetwork picks 16 funds for Isa short list

Fidelity Fundsnetwork has selected a short list of 16 Isa funds for the Isa season.

The funds, which have been approved by Old Broad Street Research, are arranged into four categories including income, balanced, growth and global.

The income category includes M&G optimal income, Invesco Perpetual monthly income plus, BlackRock UK income and Newton global higher income.

In the balanced category, there is the Fidelity multi-asset strat- egic, Investec cautious managed, Axa distribution and Newton real return.

The growth category includes BlackRock UK absolute alpha, Jupiter Merlin growth portfolio, GLG UK select and Aberdeen world equity while the global category includes the Neptune global equity, Schroder Asian alpha plus, Ignis Hexam global emerging markets and Investec global energy funds.

Fidelity International head of platform sales Julian Webb says: “Fund selection can be a daunting and time-consuming process for any investor. Advisers and investors can pick a package that best suits their investment aims and objectives and be confident in the knowledge that the funds are all OSBR tested and rated.”

Clancy’s Financial Planning IFA Jim Clancy says: “The adv- iser still has a duty to carry out risk profiling even if a product is suggested.”

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