By Leo Bland Schroders is offering a 2% initial discount on the range of eight style-based funds it ...
By Leo Bland Schroders is offering a 2% initial discount on the range of eight style-based funds it launched last week. The discount on unit trust investments in the funds lasts until 31 January 2001, which will take the initial charge to 3.25% from 5.25%. The initial charge on Isa investments will be 3.25% and the annual management charge on the funds is 1.5%. IFA commission is 3% initial and 0.5% renewal is offered on Isa investments and Pep transfers. Seven are new unit trusts, with a value or growth investment objective, while the eighth is the group's current Japanese Enterprise fun...
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