Fidelity waives initial charge on Multi-Asset fund

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Fidelity is offering free entry into its Multi-Asset Strategic fund, an all terrain vehicle for cautious investors, during this time of market uncertainty.

From October 15, investors will pay no front-end charges on new money coming into the fund. These terms are available on the first £100m of new investments into the fund through an ISA, an ISA transfer or unwrapped investments (limited to £100,000). The offer will be allocated on a first come, first served basis. IFAs will also be able to take 2% initial commission for new business in the fund. Commission give-up is not possible through the offer terms and switching terms will not attract the commission offer. This offer excludes discretionary investment managers and institutions. The...

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