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Fidelity Investments

SieIso

SieIso Posts: 149 Forumite

10 Posts

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Name Dropper

19 December 2023 at 5:48PM in Savings & investments

Hi All,

I have setup two JISAs for my children, however, I am having trouble buying investments. I wanted something global - low/no maintenance and felt and Index fund would be the best option. Does this make sense?

Secondly, below are two funds offered by Fidelity, what is the difference?

Fidelity Index World Fund P-Inc
Fidelity Index World Fund P-Acc

Thanks in advance.

0

Comments

ColdIron Posts: 9,729 Forumite

19 December 2023 at 6:00PM

The Inc class pays dividends in cash so you would need to reinvest them, the Acc fund retains them. You probably want the Acc class

1
Albermarle Posts: 27,207 Forumite

19 December 2023 at 6:17PM

The ACC one is ideal for your needs and with low charges,

1

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