Fidelity investments launch offer extended
www.moneynews.co.uk > General finance > Fidelity investments launch offer extended
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Money News |
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Fidelity investments launch offer extended
Fri 13th May 2005
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Investors wishing to transfer their ISA or PEP investments to Fidelity's newly launched sterling bond fund are to have their discount period extended until noon on July 29th.
Until this time, investors will benefit from a reduced initial charge of three per cent, including three per cent commission, meaning advisers can transfer clients at no initial charge.
The reduced initial charge is available on other Fidelity investments until May 31st.
The Fidelity investments fund scheme was launched on April 18th this year and has an AA rating from Standard and Poor's. Its annual charge is one per cent and the initial charge after the special offer period will be 3.5 per cent.
A monthly savings plan is also available for a minimum regular contribution of £50.
Michael Jones, head of UK distribution at Fidelity Investments, said: "Over the past decade, fixed income markets have changed significantly. There is a wider variety of bonds and issuers than ever before and capital is being raised in ever more sophisticated ways.
"Now we are into the new tax-year, many advisers will be reviewing their clients' ISA and PEP portfolios. And, with one of the largest fixed income investment teams in the City we believe the fund is well positioned to add value to clients' portfolios."
Related News : General finance |
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