MoneyAM Fund Centre

Quick Stats

Fund Objective

Aims to achieve an income yield typically within a range of 4-6% per annum. This is not guaranteed. Invests in a range of investments covering markets throughout the world and providing exposure to bonds, company shares, index based commodity derivatives, property and cash. The Fund will invest primarily in funds including those managed by Fidelity, and may also invest directly in company shares, bonds, money market instruments, cash and deposits. It may also invest directly in transferable securities (which includes company shares and bonds), money market instruments, cash and deposits. Can invest in bonds issued by governments, companies and other bodies. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. The fund has discretion in its choices of investments within its objectives and policies. Asset allocation exposure of the fund will be actively managed and is allocated as follows: 20 -100% income assets (e.g. bonds and cash) and 0-65% growth assets (e.g. shares). This may be adjusted within the ranges to preserve capital or take advantage of market opportunities.

Fund Managers

Eugene Philalithis

Eugene Philalithis is a Portfolio Manager in Fidelity’s Multi Asset team, managing a number of strategies for retail and institutional investors. He is experienced in managing volatility targeted portfolios, having managed Fidelity’s Diversified Growth and Diversified Markets strategies for a number of years. Eugene joined Fidelity in 2007. Prior to joining Fidelity, Eugene spent seven years at Russell Investments, where he was responsible for managing approximately $10 billion in multi manager fixed income mandates.Eugene holds an MBA and a Bachelor of Engineering from Imperial College, London. He is also a CAIA Charterholder. Eugene leads Fidelity Multi Asset Strategy Selection team in Fixed Income & Alternatives Research, adding a breadth of expertise and skills to the Fidelity Target Fund range.

Chris Forgan

Chris Forgan joined Fidelity in 2017 as a Portfolio Manager for Fidelity Multi Asset. Prior to joining Fidelity, Chris was a Portfolio Manager at Henderson Global Investors, in their Multi Asset team focusing on their income fund range. Previously Chris worked as an analyst at Henderson Global Investors, a senior performance analyst at First State Investments and began his career on the trading floor at Deutsche Morgan Grenfell in 1997.Chris has a BA (Hons) Marketing Administration from the University of Northumbria.