Fidelity Investments at a glance
| Account minimum | $0. |
|---|---|
| Stock trading costs | $0. |
| Options trades | No base commission; $0.65 per contract. |
| Account fees (annual, transfer, closing, inactivity) | None. |
| Number of commission-free ETFs | All ETFs trade commission-free. |
How is unit trust sales charge calculated?
The unit price is based on the fund’s net asset value (NAV) divided by the number of units outstanding. You will need to pay sales or redemption charges when you subscribe to or redeem units. Recurring fees are paid by the fund and include management fees, trustee fees and other fees. These costs are passed on to you.
How do I find my Fidelity cost basis?
On the Fidelity.com home page, select the Accounts & Trade tab, then Update Accounts/Features, then select Cost Basis Information Tracking. Under Default Disposal Method, select Change. You’ll see a list of all available cost basis tracking methods.
Do Fidelity funds have sales charges?
You can buy shares in a transaction-fee fund from its principal underwriter or distributor without a Fidelity transaction fee. A fund’s sales charges may apply. Fidelity does not charge a transaction fee on a load fund. A fund’s own redemption fees may apply.
How do you calculate unit trust profit?
Return for any investment asset is calculated by looking at the profit (or loss) made on the investment divided by the cost of the investment. Unit trust performance is gross profit (or loss); that is, the total Redemption Value minus the Capital Invested.
What are the fees for a unit trust fund?
In a unit trust fund, it is levied primarily to cover the marketing and distributing units and monitoring of investments by the unit trust consultant. For unit trust investments, if you invest through EPF you will pay a lower initial fee, at about 3% NAV per unit.
How to set up a trust at Fidelity?
If you are interested in speaking with a specialist about trust services at Fidelity, see Personal Trust Services or call us at 800-544-1766. Choosing and creating a trust can be a complex process; the guidance of an attorney with estate planning expertise is highly recommended.
How is the price of an investment trust determined?
An investment trust has a fixed number of shares (closed-ended) so managers can buy/sell when the time’s right, not because investors join or leave. The price of an investment trust is determined by the market, not its NAV. Investment trusts can borrow and use gearing to take advantage of opportunities.
Where can I get a unit investment trust prospectus?
Unit investment trusts, diversified portfolios of bonds or equity securities, are available taxable or tax-free in a variety of yields and maturities. Call 1-800-544-6666 for a free prospectus.
