Portfolio Manager
Becky Qin, Franca Pileri, Mario Baronci
The Fidelity Funds - Global Multi Asset Income Fund page has been refreshed from Fidelity Funds’ April 2026 Hong Kong Extract Prospectus. The PDF fund description is for Global Multi Asset Income Fund.
Investment Objective
The fund aims to achieve moderate capital growth over the medium to long term and provide income.
Investment Policy
The fund invests in a range of asset classes Including debt securities, equities, real estate, infrastructure, from anywhere in the world, including emerging markets. The fund may invest in the following assets according to the percentages indicated: • investment grade bonds: up to 100% • below investment grade bonds: up to 60% • emerging market bonds: up to 50% • equities: up to 50% • government bonds: up to 50% • China A and B shares and listed onshore bonds (directly and/or indirectly): less than 20% (in aggregate) • REITs and infrastructure securities: less than 30% (in each asset class) • hybrids and contingent convertible (CoCo) bonds: less than 30%, with less than 20% in contingent convertible (CoCo) bonds • money market instruments: up to 25% • SPACs: less than 5% The fund may also invest in other subordinated financial debt and preference shares. The fund’s exposure to distressed securities is limited to 10% of its assets.
Investment Process
In actively managing the fund, the Investment Manager will allocate investments across asset classes and geographic areas based on their potential to generate income and capital growth or reduce overall risk. The fund’s income is mainly generated by dividend payments of equities and coupon payments of bonds. The Investment Manager considers ESG characteristics when assessing investment risks and opportunities. In determining ESG characteristics , the Investment Manager takes into account ESG ratings provided by Fidelity or external agencies. Through the investment management process, the Investment Manager aims to ensure that investee companies follow good governance practices. A minimum of 70% of the fund’s assets will adhere to specific multi asset ESG criteria. For information, see “Sustainable Investing and ESG Integration” and the Sustainability Annex. SFDR product category
SFDR Product Category
Article 8 (promotes environmental and/or social characteristics) – Multi Asset ESG Tilt.
Derivatives and Techniques
The fund may use derivatives for hedging, efficient portfolio management and investment purposes. In addition to core derivatives (see “How the Funds Use Instruments and Techniques”), the fund intends to use TRS. TRS (including CFD) usage Expected 80%; maximum 300%. Securities lending Expected 15%; maximum 30%. Repos/reverse repos Expected 0%; maximum 30%.
Benchmark
None.
Base Currency
USD.
Main Risks
- Asset allocation
- China
- CoCo bonds
- Commodities
- Convertible securities
- Counterparty and collateral
- Credit
- Currency
- Derivatives
- Emerging markets
- Equities
- Hedging
- High yield
- Interest rate
- Investment fund
- Liquidity
- Market
- Operational
- Real estate
- Sustainable investing
Risk Management Method
Commitment.
Fidelity Hong Kong Website Data
Note: Visit the fund’s factsheet at https://www.fidelity.com.hk/en/funds/factsheet/GMIAE/G for the latest Morningstar rating, risk rating, NAV, fund size, and performance data.
Available Metrics (to be populated from Fidelity HK factsheet):
- Morningstar Rating: ★★★★☆ (to be verified)
- Risk Rating: /5 (Medium to High) (to be verified)
- Fund Size: (to be verified)
- NAV: (to be verified)
- Annual Management Fee: (to be verified)
- Max Sales Charge: (to be verified)
- Launch Date: (to be verified)
- 3-Year Standard Deviation: (to be verified)
- ISIN: (from prospectus)
- Bloomberg Ticker: (to be verified)
Performance Data (from Fidelity HK factsheet):
- Annual performance table
- Cumulative performance (YTD, 6m, 1yr, 3yr, 5yr)
- Top 10 holdings
- ESG metrics and MSCI ratings
- Volatility measures (standard deviation, beta, alpha, risk rating)
Charges and Expenses (from Fidelity HK factsheet):
- Max. Sales Charge
- Annual Management Fee
- Other fees (refer to prospectus)
Source
- Fidelity Funds, April 2026 Hong Kong Extract Prospectus:
data/fidelity/pr.ff.HK-en.HK.pdf