Fidelity gives Greetham more punch with Adventurous fund

Fidelity has expanded Trevor Greetham's Multi Asset range of funds with the launch of a higher risk adventurous fund.

The Fidelity Multi Asset Adventurous fund - the fourth fund in the range - will be fully invested in equities, commodities and real estate as its neutral position. The group is also merging the Fidelity Flexible Managed fund - a NURS offering run by Rita Grewal - into the new Multi Asset Adventurous portfolio. The new fund will be structured as an OEIC, and enhances a core range for the group heading into 2013, offering portfolios to suit a variety of risk appetites. While its neutral position will be to have 75% invested in equities and 25% in commodities and real estate, Greetham...