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Is Fidelity a good investment for a cash isa?

by gary_m, 3 months ago•Open Question

Personal Finance•Money•Savings Accounts

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Answers (4)

It is a unit trust with a TER of 0.4%
Had a quick look at trustnet and was not able to ascertain what is the income for this. Why do youwant to complicate things for a Cash ISA. Just keep it simple and go for one that offers a decent rate.

by HSP, 3 months ago

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Hi,

Fidelity offer a range of funds - which one were you talking about?

And as HSP says, all their funds are indeed funds. Never bother with a money market fund - they consistently underperform cash ISAs - just stick your money in a good cash ISA and if you want to invest, open a proper investment ISA.

by G-Man, 3 months ago

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Their management charges are quite high.

by creativesaver, 3 months ago

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Oops! I was going to put a comment on here then only to discover I'm on a completely different page fidelity.. Lol!

by serena1, 3 months ago

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