Fidelity will offer 256 funds from 14 different fund management groups when it launches its internet...
Fidelity will offer 256 funds from 14 different fund management groups when it launches its internet supermarket, Funds-Network. Isa products from Hendersons, Schroders, Aberdeen, Fidelity, Barings, CGU and Norwich Union, Deutsche, Flemings, HSBC, Invesco, Mercury, Newton and Virgin will be available on the site. Intermediaries can select any number of funds from the various groups to construct a single Isa for their clients. However, switching between the fund groups will incur a charge and switching between funds within the same company will cost the client 0.25% plus commission. Ro...
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