James Hay adds Fidelity Funds to Wrap and SIPP platform

James Hay has added the Fidelity Sterling Bond, Fidelity China Focus and Fidelity Asian Aggressive (New launch) to both its Wrap & SIPP fund platforms.

The total number of funds now available on James Hay Wrap totals 1,314 funds from 57 different providers and the number of funds on its Collect SIPP Platform is 1,017 from 45 different providers.

The Fidelity Sterling Bond Fund is managed by the highly regarded Ian Spreadbury, and invests in investment grade corporate bonds, high yield bonds and gilts. The fund has delivered top quartile performance since launch (28.04.05 to 31.12.07).

The Fidelity China Focus fund aims to achieve long term capital growth through investing in a portfolio of China and Hong Kong listed stocks, and is managed by Martha Wang.

The Fidelity Asian Aggressive fund is a new launch managed by veteran fund manager David Urquhart, and invests in an aggressive, concentrated portfolio of best ideas across 55-85 stocks.

Shaun Sandiford, Key Accounts Director, James Hay, said: “We are delighted to offer these three funds from one of the most renowned and best respected names in fund management. James Hay remains committed to offering IFAs the best funds from the best managers.”

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 £13 billion under administration.

James Hay Wrap offers free fund switches and automatically returns rebates to client accounts. 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.