Fidelity secures 'lowest cost' share classes from 75% of key fund partners

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Fidelity Worldwide Investment has secured the lowest cost share class deals available from the vast majority of its major fund partners after groups signed up to its Access programme.

Investment Week can reveal 75% of FundsNetwork's top 20 fund partners by assets on the platform have joined the Access programme. In total 86% of all the fund partners on the platform have signed up, and FundsNetwork said it was "delighted" with the response. Ed Dymott, (pictured) head of business development, said: "The significant majority of fund partners have agreed to give us access to their lowest cost share classes. "There are groups we have not agreed commercial terms with, and we will continue to work with them, but we are not restricting choice so if a group is not part o...

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