Threadneedle launches retail share class on AAA rated UK Corporate Bond Fund

Threadneedle has launched a retail share class on its AAA rated UK Corporate Bond Fund, paying trial commission to intermediaries. It has an initial charge of 3.75%, of which 3% is intermediary commission and has an annual management charge of 0.75%, which pays 0.25% renewal. The original share class had a 2% front end load and a 0.5% annual management charge. The new share class has been launched to provide a range of packages attractive to both discretionary asset managers and the wider intermediary market, with an institutional share class to follow. David Sachon, managing directo...