Fidelity Calls For Industry Standard To Make Fund Charges More Transparent

‘Hyperbolic and inconsistent comparisons do not help investors’, says FidelityFidelity calls for full disclosure of fund and distribution costs Implementation of a new measure - “Total Cost of Ownership” - to help investors compare different funds and providersLondon, 31 January 2012: Fidelity Worldwide Investment today called on the asset management industry to create an industry standard to bring greater transparency to investment charges. The international asset manager urged the industry to work together to develop a standard approach to disclosing the total cost of owning a fund.

Press Release Distribution, Fidelity Calls For Industry Standard To Make Fund Charges More Transparent