Fidelity Investments has launched a family of funds for the Germany and Luxembourg market. The Fid...
Fidelity Investments has launched a family of funds for the Germany and Luxembourg market. The Fidelity MoneyBuilder funds will consist of three equity funds covering the European, global and Asian markets and there is also a European bond vehicle being launched. All of them will be managed within Fidelity's Portfolio Strategies Group, headed by Richard Skelt. The equity products are going to be biased towards mid and small caps while the bond portfolio will be mainly in investment grade paper with some high yield exposure. The annual management charge for the three equity funds is 1....
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