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...
Replaced by chief revenue officer Martin Stead
Nearly 18 years at the firm
Big plans for EMEA region
Acquisition will add £12bn assets
But 60% say unlikely to happen