Threadneedle Investments has added two managed funds to its range, the Defensive Equity & Bond and D...
Threadneedle Investments has added two managed funds to its range, the Defensive Equity & Bond and Defensive Bond portfolios, bringing the number of managed funds it offers to five. Both funds will be run by Laurence Mutkin, head of bond strategy at the group. The portfolios are UK-domiciled, authorised, fettered fund of funds unit trusts, meaning they only invest in Threadneedle funds. Defensive Bond will invest entirely in fixed-interest funds while Defensive Equity & Bond will have 25% exposure to equities and 75% to debt. The initial charge on the funds is 3.75%, with an annua...
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