Extra Discounts available via FundsNetwork
Fidelity FundsNetwork have negotiated additional discounts with several fund managers.
For this reason we recommend that you invest using our FundsNetwork option where
possible. This will also mean you will find it a lot easier (and cheaper) to switch funds
in future.
Take the Invesco Perpetual Income Fund:
The usual bid/offer spread charge is 5%. By giving up the initial commission of 3% we
can reduce this to 2%. Additionally, if you invest using our FundsNetwork option then
you will get a further 2% discount reducing the initial charge to 0%.
We cannot obtain the extra 2% discount if you submit an Invesco Perpetual application
form to us - it is only available via our FundsNetwork option.