Discounts on Fidelity funds

multi-manager

Fidelity has introduced a flexible pricing structure for Pep and Isa transfers into its Multi-Manage...

Fidelity has introduced a flexible pricing structure for Pep and Isa transfers into its Multi-Manager Growth and Income portfolios, run by Richard Skelt, until 17 December 2004. The group has reduced the initial charge on the funds for intermediary Pep and Isa transfer business from 3.5% to 3%, and, with 3% commission available, is taking a no-load position on this business. Intermediaries can offer discounts to their client in quarter-point increments, allowing them to determine their own transfer terms. Commission ranges from 0%-3% and standard trail commission of 0.5% is available. Adv...