Fidelity Multi Asset Open Defensive Fund

Select share classes
There is only one type of share class for this fund.

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation

Category GBP Allocation 20-40% Equity
star-filledstar-filledstar-filledstar-filled
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

147.80p

arrow-up0.10p (+0.07%)

Fund Code

NMODA

BC7GXK5

GB00BC7GXK56

Prices updated as at 02 May 2025
|
Prices in GBX
Investment objective
This Fund targets an average annual return of 4% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the W share class. There is no guarantee that the target will be achieved by the Fund. The Fund provides global exposure to a diversified range of assets (including bonds, equities, alternatives and commodities) by investing at least 70% into funds (including those operated by Fidelity) which may be index tracking funds or actively managed funds.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/03/2025

Asset allocation

Created with Highcharts 7.2.211.19% Stocks37.25% Bonds4.09% Cash47.47% Other0% Not classified
Show long & short position

Geographical breakdown

Continent or country allocation (%)

Created with Highcharts 7.2.2-0.59-0.591.041.041.911.912.462.463.143.1421.821.835.2135.2135.3335.33Latin AmericaAsia - DevelopedJapanEurope - ex EuroAsia - EmergingEurozoneUnited KingdomUnited States

Market classification (%)

Created with Highcharts 7.2.21.651.6598.3598.35EmergingDeveloped

Stock style

Large core

29.21%

% Weight
Value
Core
Growth
Large

16

29

18

Medium

4

9

8

Small

6

8

1

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.79
    Modified duration8.58

  • Credit quality breakdown

    Rating% of Bond
    AAA15.61
    AA10.6
    A1.58
    BBB18.44
    BB29.4
    B17.71
    Below B4.96
    Not Rated1.72

Valuation

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation
GBP Allocation 20-40% Equity

15.34

15.34
16.33

1.44

1.44
1.82

2.21

2.21
2.48

9.66

9.66
10.62

Growth rate

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation
GBP Allocation 20-40% Equity

9.79%

9.79%
9.57%

2.41%

2.41%
2.44%

6.15%

6.15%
6.09%

Top 10 holdings

Security nameSectorCountry% of assets
1Fidelity Global Aggregate Bond I GBP Acc-Ireland29.15
2Jupiter Strategic Bond X Acc-United Kingdom11.94
3Pictet - Strategic Credit HJ GBP-Luxembourg5.11
4Amundi Physical Gold ETC C-France4.40
5Principal Finisterre Unc EMFI I2HInc£-Ireland3.91
6Fidelity UK Equity I GBP Acc-Ireland3.02
7BlackRock Global Uncons Eq A USD Acc-Ireland2.96
8Brevan Howard Abs Rt Govt Bd A1M GBP Acc-Luxembourg2.79
9Fidelity Global Emerging Mkt Eq IUSDAcc-Ireland2.57
10Artemis UK Select G Acc GBP-United Kingdom2.54
Assets in top 10 holdings %

68.39%

Total no. of equity holdings

319.00

Total no. of bond holdings

8.00

Stock sectors

Fidelity Investment Funds IV - Fidelity Multi Asset Open Defensive Fund W Accumulation
GBP Allocation 20-40% Equity

44.79%

Basic materials

4.22%
-

Con cyclical

13.40%
-

Financial svs

25.64%
-

Real estate

1.53%
-

36.38%

Comm services

5.85%
-

Energy

1.68%
-

Industrials

14.07%
-

Technology

14.79%
-

18.84%

Con defensive

6.29%
-

Healthcare

8.33%
-

Utilities

4.22%
-


Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information 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 information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
© Copyright 2025 Morningstar. All rights reserved.