Fidelity to launch equity index range for advisers starting at 0.09% ongoing charge

clock • 1 min read

Fidelity Worldwide Investment is set to launch a new equity index range in March, available to the adviser market exclusively through FundsNetwork with fees starting at 0.09%.

The range, which will also be made available selectively to wealth managers, will include four new funds covering Europe ex UK, Japan, Pacific ex Japan and Emerging Markets, adding to existing funds focused on the UK, US and World. The new funds, some of which have already launched, will be managed by institutional asset manager Geode Capital Management which has been managing equity index assets since 2002. Geode Capital currently manages over $165bn in equity index assets across all regions. FundsNetwork Advisory Services head Jon Everill (pictured) said: "Advisers have told us t...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Managed funds

Quilter WealthSelect exits impact EM fund following exclusion breach investigation

Quilter WealthSelect exits impact EM fund following exclusion breach investigation

Part of the portfolio’s sustainable range

Valeria Martinez
clock 04 October 2023 • 3 min read
Partner Insight: Is volatility an advantage for active managers?

Partner Insight: Is volatility an advantage for active managers?

Given their mandate to pick the winners, market volatility is often said to be favourable for actively managed funds. But is this actually the case?

Stephen Lawrence, Head of Indexing Research, Investment Strategy Group, Vanguard
clock 14 August 2023 • 10 min read
iM Global Partner launches managed futures fund to European market

iM Global Partner launches managed futures fund to European market

Portfolio of liquid futures contracts

Elliot Gulliver-Needham
clock 23 February 2023 • 1 min read
Trustpilot