Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Fidelity unveils new index range

Fidelity unveils new index range

Fidelity has confirmed the look of its new index range, the launch of which was exclusively revealed by Wealth Manager last year.

New open-ended funds will track Europe excluding the UK, Japan, Pacific excluding Japan, and emerging markets equities, adding to existing US, UK and global products.

The funds will be priced as follows:

Index Ongoing charge
Fidelity Index UK Fund FTSE All Share 0.09%
Fidelity Index US Fund S&P 500 0.09%
Fidelity Index Japan Fund MSCI Japan 0.15%
Fidelity Index Europe ex UK Fund MSCI Europe ex UK 0.16%
Fidelity Index World Fund MSCI World 0.18%
Fidelity Index Pacific ex Japan Fund MSCI Pacific ex Japan 0.20%
Fidelity Index Emerging Markets Fund MSCI Emerging Markets 0.27%

The funds will be available through FundsNetwork for advisers and will be managed by Geode Capital Management, a US-based institutional asset manager with more than £100 billion of assets under management. Fidelity will also offer the funds to wealth and investment managers if they fit their investment criteria.  

‘Whilst active management remains at the core of Fidelity’s investment philosophy, we are pleased to be able to meet the growing demand for index funds by bringing Geode’s proven passive capability to the UK market,’ said Ben Waterhouse, Fidelity’s head of UK retail sales.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Play Henderson's Lofthouse on merger boost and political risk

Henderson's Lofthouse on merger boost and political risk

Ben Lofthouse talks through where he is finding income and what surprises await the global economy in the new year.

Read More
Your Business: Cover Star Club

Profile: 'a lot of the hard work is done' says Charles Stanley

Profile: 'a lot of the hard work is done' says Charles Stanley

We’ve turned a corner, and there is positive momentum behind Charles Stanley says Charles Stanley's private client head

Wealth Manager on Twitter