Investing through a fund supermarket is all about flexibility. For example, you can choose to put your money directly in funds or invest in a more tax-efficient way through an ISA or SIPP. Similarly, you can make occasional lump-sum investments or set up a regular savings plan.
Another area where there is flexibility to help you achieve your goals is the 'share classes' that are available on some funds. These mean you have more than one way you can invest in these funds. There are three main types of share classes.
Most funds have an Accumulation (Acc) share class, which means any income generated from a fund is automatically invested back into it and reflected by an increase in the share price.
However, funds that are designed to pay you an income also have an Income (Inc) share class. It means the income can be paid out to you if you want, though you can also choose to reinvest it – in which case it will be used to buy more units, rather than increasing the share price.
Fidelity's range of offshore funds can be held by investors around the world. By offering some of these funds in a range of currencies, investors can manage their exposure to changes in exchange rates. The main currency share classes we offer are sterling, US dollars and euros.
Please remember that the value of investments and any income from them can go down as well as up and you may get back less than you invested. For funds that invest in overseas markets, changes in currency exchange rates may affect the value of your investment.
Fidelity does not give advice. If you would like this type of help, please see a financial adviser.