Johnson Fry is anticipating 5% of its Isa sales during the 1999/2000 financial year to come via its ...
Johnson Fry is anticipating 5% of its Isa sales during the 1999/2000 financial year to come via its website, www.johnsonfry.co.uk.
As part of the group's move to encourage on-line trading it is offering a 2% discount off the initial management on five of its unit trusts until 5 April - Slater Growth, New Japan, UK Income and Global Growth. Investors who contact the group over the telephone or by post will get a 1% discount.
The minimum investment into the group's Isa is £1,000 lump sum or £50 per month. The underlying unit trusts are subject to an initial charge of 5% and an annual charge of 1.5%. Initial and renewal commission of 3% and 0.5% respectively will be payable on all investments into the Isa.
Visitors to the group's sites are able to buy or top up Isas 24 hours a day and print off a form to enable them to switch between funds. Intermediaries are able to view their clients' portfolios, check their valuations on-line and also have access to latest investment news and views from the group.
Currently the group's top performing fund is Johnson Fry Japan rising by 210% over three years compared to the average rise in the Micropal Japan peer group of 65.4%.
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