Fidelity teams up with OBSR to create ISA funds shortlist

Fidelity FundsNetworkTM has teamed up with Old Broad Street (OBSR), to create a shortlist of 16 funds to help make ISA selection easier for the 2009/2010 ISA season.

Arranged in four different categories - Income, Balanced, Growth and Global, the funds have been selected to ensure that together, their risk objectives, profiles and styles appeal to a broad spectrum of investment needs.  Each fund has been carefully considered by OBSR and tested rigorously for its investment quality.

The selection of funds are presented in a brochure that can be mailed out to clients by advisers. The four categories and the funds included are:

Income

Strategic Bond: Henderson Preference and Bond
Strategic Bond & Equity: Invesco Perpetual Monthly Income Plus
UK Equity Income: Schroder Income Maximiser
Global Equity Income: Newton Global Higher Income

Balanced

Cautious Multi-Asset: Fidelity Multi-Asset Strategic
Cautious Managed: Gartmore Cautious Managed
Distribution: AXA Distribution
Absolute Return: Newton Real Return

Growth

Absolute Return: BlackRock UK Absolute Alpha
Active Managed: Jupiter Merlin Growth Portfolio
UK Equity: M&G Recovery
Global Equity: Aberdeen World Equity

Global

Global Equity: Neptune Global Equity
Asia: Fidelity South East Asia
GEMS: Ignis HEXAM Global Emerging Markets
Thematic: Investec Global Energy

Peter Hicks, Head of UK Retail Sales, Fidelity International said:  "We are delighted to have teamed up with OBSR this year to create the shortlist of funds and FundsNetwork OBSR ISA Brochure.  With over 1,100 funds to choose from, picking a fund for an ISA can be a daunting prospect for investors - the brochure offers advisers an excellent option for any of their clients who like the simplicity of a shorter fund list."