Who are FundsNetwork?

Fidelity Group set up FundsNetwork as a way of providing a service to clients who want to manage investments with a range of different fund management companies.

Many investors build up a range of ISAs. This arrangement can make it much easier to spread your investments across lots of individual funds, without all the extra paperworkanage arrangement compared with holding lots of different ISAs.

Any other benefits?

Certainly!
Once you have set up your account, you can transfer in all your current ISAs, free of charge, to make it easier to keep track of your investments from now onwards. Online valuations when you want....switching between funds, if you want....just one annual statement containing a single summary of all the investments......

Are monthly ISAs included?

Yes. You can invest via a lump sum or using regular payments. The choice is yours.

How do I invest?

Follow the link to the ISA form and follow the instructions. The form is linked directly to Fidelity FundsNetwork web site and if you use the form on this web site, you will automaticcally receive the discount and other benefits mentioned above.

FundsNetwork application form

Is it really cheaper to invest this way?

Yes it is!
If you hold a range of different investments, then there are many different computer systems and staff producing your statements etc. So most of the work is duplicated over and over.
With FundsNetwork, you have one large efficient system dealing with all the work across all the fund holdings. Efficiency means that it costs less ---- and so you save money.
And you also receive just one summary statement instead of lots of them, arriving at different times.

What funds are included?

You can choose most of the funds from all the leading fund managers, including:

Abbey, Aberdeen, Aegon, Allianz Dresdner, Artemis, AXA, Barclays Globa,l Baring, Britannic, Cazenove, Credit Suisse, DWS, F&C, Fidelity, First State, Framlington, Franklin Templeton, Gartmore, Henderson, HSBC, Insight, INVESCO Perpetual, Investec, JO Hambro, JP Morgan Fleming, Jupiter, Lazard, Legal & General LeggMason, Liontrust, M&G, Martin Currie, Merrill Lynch, MFS, MLC, Morgan Stanley, Morley, Neptune, New Star, Newton, Norwich Union, Old Mutual, Prudential, Rathbones, Rensburg, Schroder, Scottish Widows, SG Asset Management, Skandia, Standard Life, SVM, Threadneedle, UBS, Virgin

Can I combine my other ISA holdings?

Yes you can transfer them in once you have made an ISA investment and therefore opened an account with FundsNetwork.