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Fidelity Investments announced the addition of six new custom strategies and two new models to its SMA lineup for RIAs and broker/dealers. In addition, Fidelity launched new equity model SMAs that can be integrated into UMAs to offer a tax-efficient approach to portfolio management. The firm’s Institutional Tax-Managed Enhanced Equity and Institutional Tax-Managed Fundamental Equity custom SMAs each feature actively managed large cap core, growth and value strategies.
The enhanced equity strategies are benchmark-aware and leverage a diverse set of alpha insights. The fundamental equity strategies rely on a systematic portfolio construction process and high conviction stock selection. The strategies are now available to RIAs via Fidelity’s custom SMA platform, which is integrated with the firm’s Wealthscape program.