Fidelity Global Multi Asset Income Fund Vs Dimensional World Allocation 60/40
Fidelity Global Multi Asset Income is a popular fund.
It is also on DBS's fund select list as a global balanced fund to choose from.
If you're not a DBS client, this is a typical recommended list.
In this post, you see comparisons also with Dimensional World Allocation 60/40 fund which is gaining in popularity.
Strong correlation of performance between the funds
This is a 3year chart plotted for the 4 global funds and Dimensional world allocation 60/40 GBP (because it had a 3y record).
You'd realise strong correlation and that Jan2019 was a bad period for all funds.
While Fidelity Global Multi Asset Income is rated *** only, it arguably had a good 4.45%p.a with a lower volatility. This meant that price movements were more stable than the other funds.
Hence, I'd favour it abit more and would use it to compare against Dimensional World Allocation 60/40 as a globally diversified investment approach.
1y chart between Fidelity
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