Fidelity is merging the £449m Fidelity MoneyBuilder Growth fund into the £85m Fidelity UK Opportunities fund.
The firm said the two funds - both run by Leigh Himsworth - "share many investments in common" and investors may find it difficult to decide which to invest in. The merger is due to take place on 24...
'Gap between value and price as wide as I have ever seen'
Reduced UK outflows
Draws attention of FCA
Originally held the trust in 2015
'Substantial lessening' of competition
252 firms pulled out
Go alone for follow the crowd?
Once-in-a-lifetime out, necessities in