James Hay adds funds from Fidelity and Credit Suisse

James Hay has added eight new funds from Fidelity and Credit Suisse to its Wrap platform.

The total number of funds now available on James Hay Wrap totals 1,255 from 54 different providers.

The funds added to the platform are: -

Fidelity Retirement 2015
Fidelity Retirement 2020
Fidelity Retirement 2025
Fidelity Retirement 2030
Fidelity Retirement 2035
Fidelity Retirement 2040
Fidelity Retirement Income
Credit Suisse Multi-Manager International Growth

Shaun Sandiford, Regional Sales Director, James Hay, said: “We are delighted to offer these innovative funds from the UK’s largest fund manager, Fidelity and one of the best regarded, Credit Suisse.

“Fidelity’s retirement funds are innovative multi-asset, ‘lifestyling’ investments aimed at delivering returns for a future target date. They invest in a range of equities, bonds, property securities and commodities to achieve these returns, and then convert into Fidelity’s retirement income fund, which aims to pay an attractive income in retirement.

“Credit Suisse has built a strong track record as one of the most successful multi-managers over the past six years.”

Investors using James Hay Wrap can now choose retail and institutional funds, OEICS (Open Ended Investment Companies) and Unit Trusts at competitive and preferential terms. Together, the James Hay SIPP and Wrap businesses have over £12 billion under administration.

James Hay Wrap offers free fund switches and automatically returns rebates to client accounts, so IFAs clients can see the benefit of their adviser choosing James Hay. Unlike many competitors, James Hay has a philosophy that supports “any fund, in any tax wrapper at any time” and has no preferred fund houses or Investment styles. Advisers can buy any fund they and their clients choose.