Fidelity unveils new funds & providers to join platform

Fidelity FundsNetwork has revealed the names of the first new funds and providers set to join the platform in 2008. Over the course of the next few months, FundsNetwork will increase the number of funds available to over 1,100, while the addition of a new fund house brings the total number of providers on the platform to over 60.

Seven Investment Management (7IM) is the first new provider to join FundsNetwork this year, making six of its funds available through FundsNetwork. Existing providers on the platform - Allianz, First State, JPMorgan, Neptune and SWIP will all make new funds available via FundsNetwork in the coming months.

The six 7IM funds now available via FundsNetwork are:

7IM Income Fund
7IM Moderately Cautious Fund
7IM Balanced Fund
7IM Moderately Adventurous Fund
7IM Adventurous Fund
7IM Ethical Fund

Funds set to join the platform in the coming months are:

Allianz RCM Global Eco Trends Fund
First State Indian Subcontinent Fund
Jupiter India Fund
JPMorgan UK Managed Equity Fund
Neptune Latin America Fund
Neptune Asia Pacific Opportunities Fund
SWIP MultiManager Diversity Fund
SWIP MultiManager Select Boutiques Fund

Rob Fisher, Head of Sales and Marketing, FundsNetwork, comments: “We are delighted that 7IM are joining FundsNetwork, they bring a diverse selection of funds to the platform which will cater for varying investors’ needs.

“Adding new funds to the platform is an ongoing process, and we look forward to announcing further new additions over the course of the year. “

Justin Urquhart-Stewart, Marketing Director and Co-founder of 7IM, comments: “We are delighted to work with FundsNetwork and provide greater access for professional advisers to the 7IM range of multi-manager funds by making them available on the FundsNetwork platform.”

The 7IM funds are available now on FundsNetwork, via the platform’s range of unwrapped and tax wrapped products including the ISA, SIPP and International (offshore) Bond.