TD Waterhouse launches fund supermarket

TD Waterhouse has launched its fund supermarket in the UK and is also offering six of its own branded funds. The service offers nearly 400 funds that are available over the telephone or online. Unit trusts and OEICs are provided by companies including Fidelity, Schroders, M&G, Invesco, Perpetual, Standard Life and Jupiter. No dealing commissions are applicable on fund purchases and initial sales charges are not more than 2.25%. TD Waterhouse says funds purchased through its fund supermarket can be consolidated into one account with any other shares and cash holdings. Customers c...