• Funds, Trusts & ETFs
  • Tracker funds
  • Charges

Tracker funds – charges and costs

Tracker funds are generally a low cost way to invest. These passive funds are set up to mirror the performance of a chosen Index – such as the FTSE 100 – rather than be actively managed by a fund manager.

This means more of your money can be put to work in the market.

Charges and fees explained

Fund management charge (ongoing charge)

You pay this to the company that runs the tracker.

Service fee

This covers the costs of everything the administrator of your investments offers you. At Fidelity, the service fee is typically at 0.35% of the value of your holdings (or less if you have more invested with us). This fee reduces to 0.20% if you have £250,000 or more with Fidelity Personal Investing. In addition, we won't charge an annual service fee on any assets above the level of £1,000,000.

From December 2015, the service fee will be a flat rate charge of no more than £45 (and £25 for Junior ISA or Junior SIPP), if the total value of your portfolio is less than £7,500. For full details please refer to our Doing business with Fidelity document.

Bid-offer spread

Some trackers have two prices – the one you buy at (the offer price) and the one you sell at (the bid price). The result is effectively a transaction charge for investing in the fund. This is imposed by the company that manages the fund, not Fidelity Personal Investing. All Fidelity trackers do not have a bid-offer spread.

Important information

The value of investments can go down as well as up, so you may not get back what you invest. Investments in small and emerging markets can be more volatile than other overseas markets. These investments may be subject to currency fluctuations. Fidelity Personal Investing only provides information and guidance on products and services and does not give advice. If you are unsure of the suitability of an investment, please contact an authorised financial adviser.

No switching charges

No paper statement penalties

Same great service

Fidelity does not charge to switch, however please note that some fund managers will apply additional costs when buying or selling their funds.

The FTSE All-Share Index is calculated by FTSE International Limited. FTSE International Limited does not sponsor, endorse or promote this product. All copyright in the index values and constituent list vests in FTSE International Limited. Fidelity Investments has obtained full licence from FTSE International Limited to use such copyright in the creation of this product. ”FTSE®”and "Footsie®" are trade marks jointly owned by the London Stock Exchange Plc and The Financial Times Limited and are used by FTSE International Limited under licence. “All-Share™” is a trade mark of FTSE International Limited.

S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). These trademarks have been licensed for use by S&P Dow Jones Indices LLC (“SPDJI”) and, in some cases, sublicensed to FIL Investment Management Limited ("FIL"). The S&P 500® NUK (the “Index”) is a product of SPDJI and/or affiliates and has been licensed for use by FIL. The Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P and their respective affiliates or their third party licensors (collectively “SPDJI Entities"), make no representation regarding the advisability of investing in such product.

The funds described herein are indexed to an MSCI index. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which the funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Fidelity and any related funds.