Fidelity platform restricts fund of investment trusts following charge disclosure changes

2.5% ongoing charge cap

Kathleen Gallagher
clock • 3 min read
The Fidelity platform only offers funds that have an OCF below 2.5%, Investment Week has learned
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The Fidelity platform only offers funds that have an OCF below 2.5%, Investment Week has learned

Fidelity platform Fidelity International has restricted investment into the Premier Miton Worldwide Opportunities fund, a fund of investments trusts, after a change to cost disclosure guidance meant the charges exceeded 2.5%, the platform’s unofficial ongoing cap.

On 30 June 2022, Fidelity International decided to restrict new investments in fund, because it was "in the best interests of our customers," according to a statement on its website. Investors are ...

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