About time investors make use ofthe right to vote, if they're allowed

Voting on fund changes is a little-used right in the unit trust/Oeic world and this should change - ...

Voting on fund changes is a little-used right in the unit trust/Oeic world and this should change - particularly in light of the forthcoming vote on Fidelity's £6.4bn Special Situations fund. If you ask most fund providers, a unitholder or shareholder meeting could normally be held in a closet with room left over. The apathy of retail investors is notorious but, after all, that is why most investment houses seek them out - they provide sticky money, even when high-profile managers depart or the fund suffers serious bouts of underperformance, as evidenced in the relative lack of redemptions...