Fidelity to merge away £450m Moneybuilder fund

Subject to shareholder approval

Beth Brearley
clock • 1 min read

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 June, subject to shareholder approval. "Both funds have relatively concentrated portfolios of around 40 UK-listed companies and have the same reference index in the FTSE All Share," a Fidelity spokesperson explained. Fidelity to merge multi-asset ranges under Bill McQuaker "The two funds also have a similar risk-return profile that may make it difficult for new investors to identify ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on UK

OBR warns Iran conflict could push UK inflation to 3% by end of 2026
UK

OBR warns Iran conflict could push UK inflation to 3% by end of 2026

Increase from 2% anticipated

Linus Uhlig
clock 11 March 2026 • 2 min read
Spring Statement 26: UK growth to slow to 1.1% in 2026 before edging up
UK

Spring Statement 26: UK growth to slow to 1.1% in 2026 before edging up

According to OBR forecast

Linus Uhlig
clock 03 March 2026 • 3 min read
Gorton & Denton isn't a swing, it's a re-wiring – here's why it changes the planning landscape
UK

Gorton & Denton isn't a swing, it's a re-wiring – here's why it changes the planning landscape

By-election impact reverberates beyond Westminster

Phillip Wickenden
clock 27 February 2026 • 5 min read