Fidelity Worldwide Investment has launched a low-cost US tracker fund as it moves to mimic the success of its UK tracker fund among direct investors.
The Fidelity MoneyBuilder US Index Fund - which has a TER of just 0.3% - tracks the S&P 500, offering investors access to companies including Apple and Google. The launch means the groups now has an...
CEO Dobson set to retire
Equities already entered a bear market
A so called 'dash for trash' could see investors that are focus on 'quality income' in US markets underperform in the coming months, according to Stephen Thornber, fund manager at Columbia Threadneedle.
Valuations at multi-year lows