Fidelity Charitable is offering a new line of investment options to its donor-advised fund investors.
The new investment offering features seven asset allocation pools that provide diversification among multiple asset classes in a single investment, and across the risk spectrum from conservative to aggressive growth. The pools use Fidelity Asset Manager Funds as their underlying investments. In addition to the asset allocation options, Fidelity Charitable is offering three new single-asset investment pools, including U.S. Equity, International Equity and Fixed Income.
"Donors and their advisors are increasingly looking for diversification and simple ways to meet their philanthropic investment goals," said Sarah Libbey, president of Fidelity Charitable. "We believe that appropriate asset allocation is the most important step to ensure one's investment objective is met over time."