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Fidelity – Multi-Manager Distribution Fund

Fidelity

Multi-Manager Distribution Fund

Type: Oeic

Aim: Income and growth by investing in UK equities, fixed interest, property and money market securities mainly through collective investment schemes

Minimum investment: Lump sum £1,000, monthly £50

Investment split: 40% UK equity income, 40% bonds, 20% property

Isa link: Yes

Pep transfers: Yes

Charges: Initial 3.5%, annual 1%

Commission: Initial 3%, renewal 0.5%

Tel: 0800 414181

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Long and the short of it

Uncertainty over interest rates is causing volatility in the market but future prospects look promising

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Case study: administration — managing group life schemes

Our client leads the global market in high-tech electronics manufacturing and digital media. The trustees of the company’s final salary pension scheme insure death-in-service lump sum and dependants’ pension death benefits for active employees, as well as dependants’ pension benefits for deferred members (those who have left service).

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