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  • FIRST POST
    • Zola.
    • By Zola. 3rd Oct 17, 9:52 PM
    • 1,145Posts
    • 440Thanks
    Zola.
    Fidelity Fee Overhawl
    • #1
    • 3rd Oct 17, 9:52 PM
    Fidelity Fee Overhawl 3rd Oct 17 at 9:52 PM
    I don't have any funds held with these guys, but thought it might be of interest some of you here

    http://www.telegraph.co.uk/investing/funds/fidelity-overhaul-investment-charges-across-400-funds/
Page 1
    • jimjames
    • By jimjames 3rd Oct 17, 11:16 PM
    • 12,237 Posts
    • 10,774 Thanks
    jimjames
    • #2
    • 3rd Oct 17, 11:16 PM
    • #2
    • 3rd Oct 17, 11:16 PM
    Interestingly the Fidelity Index range have all been soft closed so I can't buy any more units with iWeb. I wonder if there is a connection
    Remember the saying: if it looks too good to be true it almost certainly is.
    • TrustyOven
    • By TrustyOven 3rd Oct 17, 11:32 PM
    • 675 Posts
    • 718 Thanks
    TrustyOven
    • #3
    • 3rd Oct 17, 11:32 PM
    • #3
    • 3rd Oct 17, 11:32 PM
    Interestingly the Fidelity Index range have all been soft closed so I can't buy any more units with iWeb. I wonder if there is a connection
    Originally posted by jimjames
    Is that due to them changing the fee structure though?
    The W class of fund I hold has been soft closed and CSD is moving to the P class, but I would think it's still operating as normal after converting to the P class. It's an index fund.
    Goals
    Save £12k in 2017 #016 (£4212.06 / £10k) (42.12%)
    Save £12k in 2016 #041 (£4558.28 / £6k) (75.97%)
    Save £12k in 2014 #192 (£4115.62 / £5k) (82.3%)
    • IanManc
    • By IanManc 4th Oct 17, 12:05 PM
    • 367 Posts
    • 545 Thanks
    IanManc
    • #4
    • 4th Oct 17, 12:05 PM
    • #4
    • 4th Oct 17, 12:05 PM
    All of the Fidelity Index Fund W Class units are being converted to P Class by mid-October. You can't buy or sell the W Class units any more, but once the conversion is complete you'll be able to deal in the P Class units that you'll hold instead. The P Class units all have an OCF that is .02% less than the W Class units.
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