M&G is to extend the 2% discount on the 5% initial fee of its British Opportunities fund until the e...
M&G is to extend the 2% discount on the 5% initial fee of its British Opportunities fund until the end of June. It has also completed the third tranche of its Oeic conversion. A further 12 unit trusts were converted, with, on average, 95% of unitholders approving the move. The latest batch of funds converted are Blue Chip, Capital, Corporate Bond, Dividend, Emerging Markets Bond, European High Yield Bond, Fund of Investment Trust Shares, Innovator, International Sovereign Bond, Recovery, Smaller Companies and US High Yield Corporate Bond. The group retains three unit trust funds of funds.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes