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Fidelity launches list of 50 recommended funds

Joanna Faith
Written By:
Joanna Faith

Fidelity International has unveiled a list of 50 recommend funds for customers of its personal investing platform.

The Select 50, which includes funds from the likes of Jupiter, M&G and Rathbones, has been designed to make it easier for investors to pick from the more than 2,000 products available on its platform.

Funds on the Select 50 are chosen following a two-part selection process combining quantitative research, including performance over different time periods and in different market conditions, and qualitative research which includes site visits and manager meetings.

Tom Stevenson, investment director for personal investing at Fidelity International, said: “We believe the combination of these two processes is what makes our Select 50 unique. We are putting our customers right at the heart of our selection process.

“With the universe of funds growing by the day, we have more choice than ever before. This can be useful, allowing us more options to suit our particular investment needs, but our customers are telling us that this choice can be overwhelming. We have, therefore, launched the Select 50, a list of high-conviction funds to help guide our investors when choosing funds to meet their long-term investment goals.”