Fidelity platform restricts investment into Jupiter UK Mid Cap

30 December

Fidelity International has restricted new investment into the Jupiter UK Mid Cap fund for certain customers.

According to a statement posted on their website, they believe the decision is "in the best interest of our customers" and they will still be able to redeem holdings. A spokesperson from Fidelity International said the decision, which was effective as of the 30 December, applied to customers on its Personal Investing platform and execution-only customers of Fidelity Adviser Solutions. "Advisers and DFMs using Fidelity Adviser Solutions may continue to fully access the fund on behalf of their clients," the spokesperson added. The fund was down 38.9% in 2022, until the end of Novembe...