What is a funds supermarket? It’s where you can browse and buy all in one convenient place…no more tramping up and down the high street...more
What is for sale in the supermarket? Our shelves are stacked with investment funds...more
Do I pay tax on my shopping? It’s up to you...more
How do I get my shopping home? You’ll be able to manage your portfolio as one account, no matter how many individual funds you have with us, simply and easily online using our Account Management tool...more
smile invest and Fidelity Investments The funds supermarket is an association between smile invest and Fidelity Investments...more
What is for sale in the supermarket? Our shelves are stacked with investment funds. Funds are a way of investing in the stock market without actually buying and owning individual shares yourself. They also allow access to lots of other types of investments, such as bonds, unit trusts and OEICs, if that sort of thing turns you on. When you invest, your money goes into a large pot that’s invested on your behalf by a professional Fund Manager. It’s their job to do their best to make sure that the value of the fund, and your investment, grows. But remember, the value of a fund investment changes daily and you may end up with less capital than you started out with. back to top
Do I pay tax on my shopping? It’s up to you…If you’re buying new funds all you need to decide is whether to buy inside or outside an ISA…in an ISA means hands off taxman. You can also transfer existing PEPs and ISAs. back to top
How do I get my shopping home? Once you've applied for your fund, Fidelity Investment Services will manage it on your behalf, but, just for your peace of mind, you can log into your funds account through smile invest at all times. You can view your accounts online simply and easily using our Account Management tool. back to top
smile invest and Fidelity Investments The funds supermarket is an association between smile invest and Fidelity Investments. Fidelity is a recognised leader in the field of investment management. Founded in Boston, USA in 1946, it is now one of the largest and most successful investment management organisations in the world, with over £650 billion in assets. Its funds supermarket was one of the first to launch in the UK in June 2000 and is the biggest in the USA. back to top
Any reference to tax is based on our understanding of current legislation, which is subject to change and depends on your individual circumstances.
The smile invest funds supermarket gives you access to FundsNetwork, an investment supermarket from Fidelity Investments. smile invest and The Co-operative Independent Financial Advisers (CIFA) are trading names of Co-operative Bank Financial Advisers Limited, which is a wholly-owned subsidiary of The Co-operative Bank Plc and is authorised and regulated by the Financial Services Authority.
