Fidelity International is set to launch a Model Portfolio Service in mid-April, aimed at giving advisers greater flexibility in meeting evolving client needs.
The Fidelity WealthBuilder MPS features three ranges; active, blended and passive plus. Each range contains seven carefully modelled portfolios with clearly defined risk and return parameters. All portfolios are independently rated by Defaqto, Dynamic Planner, FinaMetrica, Mabel Insights and Synaptic.
The active range is designed for clients seeking enhanced returns through high-conviction active management, with the strategies aimed at generating alpha through a research-intensive approach.
The blended range is aimed at clients prioritising balance and consistency by combining active and passive strategies to deliver global diversification across market cycles.
Meanwhile, the passive plus range is built for cost-conscious clients seeking efficient market exposure. The range actively selects low-cost passive strategies from leading managers, with the seven portfolios incorporating factor exposures such as value, quality and momentum.
The portfolios will be managed by Caroline Shaw and Chris Forgan and supported by multi-asset teams made up of over 100 professionals including research analysts.
Dennis Pellerito, head of wholesale at Fidelity International, said: “We are pleased to launch Fidelity WealthBuilder MPS as part of our commitment to delivering the best of Fidelity in the format advisers and clients increasingly prefer.
“Model portfolio services represent a structural evolution in UK wealth management, and clients are demanding access to institutional-quality investment expertise through scalable, risk-rated solutions.”
Graham Folley, head of Model Portfolio Service and intermediary solutions at Fidelity International, added: “Fidelity WealthBuilder MPS has been designed with one objective in mind: helping advisers deliver better outcomes for their clients.
“The managed fund structure truly differentiates this proposition. It gives our portfolio managers broader access to asset classes, investment vehicles and specialist strategies, allowing them to construct portfolios with greater precision and flexibility.
“For advisers and their clients, this means access to a wider opportunity set, dynamic asset allocation and competitive pricing, all within a robust, risk-rated framework designed to support long-term financial outcomes.”
Available from mid-April, the MPS will be delivered through an open architecture supported by ten, exclusive ‘managed funds’ that serve as core holdings across the portfolios.
Fidelity said the managed fund structure provides improved access to equities, fixed income and alternative assets via mutual funds, ETFs, direct securities and exchange-traded commodities (ETCs), alongside index futures and options, as well as increased flexibility.
Underlying ongoing charges figures range from 0.10% to 0.55% and a discretionary fund management fee is between 0.10% and 0.15%.
Past performance is not a reliable guide to future returns. You may not get back the amount originally invested, and tax rules can change over time. The writer’s views are their own and do not constitute financial advice.
This information should not be relied upon by retail clients or investment professionals. Reference to any particular investment does not constitute a recommendation to buy or sell the investment.
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