Fidelity Investments, one of the world’s largest investment fund managers, has launched 3 new funds to the UK market.
The Fidelity MultiManager Special Situations Portfolio fund, and the Fidelity MultiManager Equity Income Portfolio are aggressive multimanager funds, in which a minimum will be held in U.K. companies.
The Fidelity Global Property fund is an actively managed fund which invests predominantly in commercial property worldwide.
The funds launch on 16th January 2006, and all have an initial charge of 3.5%. You will probably be able to buy these funds for as little as 0.5% initial charge by going through a discount broker.
More information on the Fidelity Global Property Fund is now available.