Fidelity adds tax model portfolios and SMAs


What do you want to know

  • Fidelity has again expanded its model portfolio offerings, giving advisors more choices to offer their clients.
  • Fidelity’s new tax-advantaged Target Allocation Model Portfolios include nine equity and fixed income mix options.
  • Fidelity has also added new SMA model portfolios, its first UMA models to be made available through Envestnet.

Fidelity Institutional has expanded its lineup of model portfolios with the launch of Fidelity Tax Target Allocation Model Portfolios, featuring nine equity and fixed income combination options, as well as new separately managed account model portfolios.

The new target allocation model portfolios are now available through Fidelity’s managed account platform, Fidelity Managed Account Xchange and the Envestnet platform, the Fidelity Investment division announced Thursday.

The fixed income allocations are 10/90, 20/80, 30/70, 40/60, 50/50, 60/40, 70/30, 85/15 and 100/0. Each is available in versions for share classes I and Z.

According to Loyalty.

The new offerings represent the latest extension to Fidelity’s range of portfolio models. In July, Fidelity added four new target allocation combinations to its model portfolio offerings, ranging from 10% to 100% equities, with the remainder, where appropriate, in bonds.

“We are committed to providing choice and flexibility, and as the market and investor preferences continue to evolve, we want to enable advisors to effectively manage their clients’ investments in a customizable and efficient way. fiscal”, according to Suzanne Daly. , vice president of model portfolio business development at Fidelity Institutional.

“The tax-advantaged model portfolios leverage Fidelity’s decades of portfolio management experience and diverse investment capabilities to enhance the advisor experience and enable them to better serve clients through diversified offerings, flexibility and customization,” she said in the announcement.

In addition to the target allocation taxed model portfolios, the custodian has added Fidelity model portfolios with SMA.


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