Fidelity cuts charges on Bolton's China trust ahead of handover

Fidelity Worldwide Investment has cut the annual charge on Anthony Bolton's China Special Situations investment trust ahead of the handover to incoming manager Dale Nicholls.

The group has cut the AMC from 1.2% to 1% just weeks before the trust is handed over to Nicholls at the start of April. It is the second reduction in the AMC since it was launched in April 2010. The...

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