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Fidelity reveals Isa range

Fidelity Investments has revealed details of its Isa product range.

It will include investment and cash components and be available on both a mini and maxi basis.

The range includes all the funds currently available through its Pep plus its Japan Special Situations and Managed International funds, giving a total of 28 funds.

The fund manager says it wants to offer something to covers investors at all levels of experience with investment.

It is offering two MoneyBuilder Catmarked funds, the corporate bond and the index funds and in the medium term intends to launch a third, actively managed equity CAT fund, subject to regulatory approval.

The funds with no Cat standard will have an initial charge of 3.25 per cent. Investment trusts will charge 3 per cent.

The cash component aims to achieve competitive returns through a range of cash deposits and has an annual 0.5 per cent management fee.


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