On 17^th December 2014, Fidelity MoneyBuilder Balanced was added to The Adviser Centre as a Recommended fund.

The fund is co-managed by Michael Clark and Ian Spreadbury, who work together on the fund’s overall construction but specialise within their respective asset class disciplines.  Messrs Clark and Spreadbury are two of the more experienced fund managers in the industry and they have been investing in income-focused strategies for many years.

The fund’s primary aim is to deliver an attractive and regular level of income, with the potential for capital growth.  By dint of the innately conservative approaches employed by both managers, there is also a natural awareness of downside risk.  In particular, they have a clear understanding of the offsetting relationship between equities and government/high quality bonds and therefore the importance of staying true to the characteristics of their respective asset classes.  This translates into a relatively simple and traditional equity and bond fund.

We are pleased to feature the fund in our service and we see it as a cost-effective vehicle that is well-suited to investors who are seeking a monthly income, but are uncomfortable with the volatility associated with pure equity exposure.