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Fidelity MoneyBuilder Funds
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windstate
Posts: 16 Forumite
Any opinions on this set of funds?
https://www.fidelity.co.uk/investor/research-funds/fidelity-funds/moneybuilder-funds/default.page?
From what I can gather they have low initial and annual charges. Worth investing in for the long term?
I'm looking at splitting my cash evenly between the UK Index Fund, European Index, Global Fund, and the Income Fund (corporate bonds). Would this be advisable, or would I be better just choosing 1 of these funds and going for similar other ones but with different companies/managers?
Thanks
https://www.fidelity.co.uk/investor/research-funds/fidelity-funds/moneybuilder-funds/default.page?
From what I can gather they have low initial and annual charges. Worth investing in for the long term?
I'm looking at splitting my cash evenly between the UK Index Fund, European Index, Global Fund, and the Income Fund (corporate bonds). Would this be advisable, or would I be better just choosing 1 of these funds and going for similar other ones but with different companies/managers?
Thanks
0
Comments
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windstate wrote:
Any opinions on this set of funds?
In my opinion, though not without merit, the Fidelity MoneyBuilder funds are generally mediocre at best. The 'Income' fund is perhaps the best of the bunch.
The major selling point - low initial and annual charges - is, I feel, less relevant, in the era of widely-available, low-cost fund supermarket and WRAP propositions.
... would I be better just choosing 1 of these funds and going for similar other ones but with different companies/managers?
Ultimately, in my opinion, this can only reduce risk.For the avoidance of doubt: I work for an IFA.0
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