Fidelity Charitable, the largest donor-advised-fund provider in the U.S., on Tuesday rolled out a new investment offering that features seven asset allocation pools diversified among multiple asset classes and across the risk spectrum. Sarah Libbey (left), president of Fidelity Charitable, said in a statement that “we believe that appropriate asset allocation is the most important step to ensure one’s investment objective is met over time.”
In addition, the public charity introduced an online tool to help donors choose how to invest their charitable contributions.
The pools use Fidelity Asset Manager Funds as their underlying investments; this provides Fidelity Charitable donors and their advisors with the same professional management and experienced stock selection that Fidelity investors receive.
In addition to the asset allocation options, Fidelity Charitable also is offering three new single-asset investment pools: U.S. equity, international equity and fixed income.