Fidelity launches managed risk portfolios

Fidelity Investments Canada has opened two portfolios aimed at helping investors lessen the portfolio impact of market volatility.

Fidelity Conservative Managed Risk Portfolio and Fidelity Balanced Managed Risk Portfolio are designed for investors nearing or living in retirement who are expected to live longer in a changing investment landscape marked by low interest rates and market volatility. They’re managed by portfolio managers Joanna Bewick and David Wolf.

Read: December Fed hike still a “strong” possibility

The Fidelity Conservative Managed Risk Portfolio is a multi-asset class solution that is geared toward mitigating the investors’ exposure to market volatility while providing some equity exposure for potential capital growth. It has an asset mix of 40% in equities and 60% in fixed income securities. Depending on market conditions, the portfolio managers can actively allocate the Fund’s mix by up to +10%/-15% for equities and +15%/-10% for fixed-income securities.

Read: How to use batting average when choosing managers

The Fidelity Balanced Managed Risk Portfolio is a diversified multi-asset class solution designed to provide long-term capital appreciation while also aiming to mitigate investors’ exposure to market volatility. It has an asset mix of 60% in equities and 40% in fixed income securities. Depending on market conditions, the portfolio managers can actively allocate the Fund’s mix by up to +10%/-15% for equities and +15%/-10% for fixed-income securities.

Read: Were they right? Contrary call for emerging markets pans out

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.