Fidelity Investments announced today that it is suspending trade in funds which have a 5% or mo...
Fidelity Investments announced today that it is suspending trade in funds which have a 5% or more exposure to US stocks or are denominated in US dollars. The group said that following the events in the United States on September 11 and the effect on US stock, bond and currency markets it had to take certain steps in respect of its fund ranges. The statement reads: We have temporarily suspended dealing through all of Fidelity's online fund services. This includes Fidelity's own funds and all other funds available through FundsNetwork. If you wish to place a deal please phon...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
