Individuals thinking of investing in strategic bond funds have been told to do their research before committing to a product.
According to Fidelity International, the strategic bond sector is so flexible that investors may not necessarily always be getting the investments they are looking for.
The firm has suggested that people assess their needs before going for a particular strategic bond fund .
Eugene Philalithis, portfolio manager for the Fidelity Multimanager Income Fund, said: "Some strategic bond funds take care of an investor's entire bond portfolio very well, but the sector accommodates many other funds that adopt very different strategies.
"The fundamental differences between funds in the sector are arguably greater than those in, say, any of the UK equity sectors and investors should be aware of this when selecting their funds."
Aviva recently added the Standard Life Strategic Bond to its wrap and Sipp platform as a result of adviser demand.




