Fidelity discounts global sector funds

By Kira Nickerson Fidelity is offering a discount on its recently launched four global sector funds, investing in healthcare, financial, industrial and consumer companies. The initial charge on the funds, which are domiciled in Luxembourg and part of the Fidelity Funds range, will be 3% for lump sum investments both inside and outside an Isa until 31 October with a fixed offer price of 25p per share until 2 October. The funds all have a sterling share class and are available for Isa investments, which will feature 3% IFA commission. Fidelity has adopted a lead manager approach to the fu...