Fidelity Investments, a division of the global asset management giant Fidelity, has announced it will invest in a new series of online tools designed to help investors manage their investments.
The Fidelity investment team is investing in a number of products that will be available to users this week, including the Dummies investment tool.
The Dummies platform allows investors to view and manage their portfolio through a dashboard and an interactive map.
The first two features will be launched on Tuesday, with the third coming in the second week of March.
The new Dummies product features a wealth management tool, which allows users to search their portfolio and view holdings, with a portfolio manager who will recommend investments.
The tool also allows users, in addition to the basic portfolio management tool to make and invest in mutual funds and ETFs, the team announced.
The investment team says it has already seen a positive response from users, who have responded positively to the new features and are eager to get started with the platform.
The Fidelity team has been in discussions with other companies around the world to create investment tools for investors to manage their portfolios, including those that already exist, such as the Fidelity IRA.
It said it will continue to work with financial institutions and regulators around the globe to develop such tools.
“We’re excited to see the Dummy platform being available for the first time,” said Jim Hall, president and CEO of Fidelity.
“Investors will now have access to a wealth of useful investment tools that they can use to manage portfolios and get started.”
The company is also introducing a number a new investments, including mutual funds, ETFs and ETF ETFs.
The company’s portfolio manager, Dan Graziano, will be launching the first new investment tool in the Dums platform on Tuesday.
“We are excited to welcome Dan to the Dummies team as we look to further enhance our portfolio management tools for Dummies users,” said Michael Dolan, president of Fives Fund Management, Fidelity’s portfolio management arm.
Graziano said he expects the DUMDY investment tool to become popular with investors.
“The Dummy investment tool is a fantastic tool for investors, and it is sure to help them get started in the world of investment management,” he said.
Investors can also sign up for free to receive updates on new products and help keep up with developments, the company said.