Fidelity launches very first passive fixed income funds. What are they and should you invest in? – It’s money

Fidelity launches very first passive fixed income funds. What are they and should you invest in? – It’s money

Asset manager Fidelity International has broadened its range of passive funds with the launch of a new UK government bond and corporate bond index in sterling.

The new additions are the first bond funds to be launched in the group’s range of indices which was established in 1996 but which has so far only included funds investing in equities.

The Fidelity Index UK Gilt fund will track the FTSE…

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