Fidelity Fee Overhawl

Zola.

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/

jimjames

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

TrustyOven

jimjames wrote: »

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

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.

IanManc

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.