New range available to Fidelity FundsNetwork Isa investors
www.moneynews.co.uk > New range available to Fidelity FundsNetwork Isa investors
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Money News |
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New range available to Fidelity FundsNetwork Isa investors
Fri 12th May 2006
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The Schroder SICAV fund offers a range of 12 offshore options in which Fidelity customers can invest their money.
This new availability is in response to the gradually increasing demand for Fidelity FundsNetwork Isa products – the company has recently seen Isa sales increase by 57 per cent on last year.
Fidelity reports that this rate of take-up signifies a level of popularity for Isas that has not been seen for several years.
"Given the increase in interest around Isas this year, we are delighted that we're able to expand fund choice even further, by starting to make other providers' offshore funds available via Fidelity FundsNetwork for Isa investment," said Doug Naismith, managing director of European personal investments at Fidelity International.
The platform on which Fidelity FundsNetwork Isa customers can invest offers a choice of over 1,000 funds from 56 different providers.
Some £159 billion worth of assets are managed by the Fidelity International company.
