Intermediary group Chartwell has launched a portfolio of corporate bond funds, called Extra Income P...
Intermediary group Chartwell has launched a portfolio of corporate bond funds, called Extra Income Portfolio, which will be managed on a discretionary basis. Quarterly income payments are available from the managed portfolio, which currently invests in six bond funds: Standard Life AAA Income Institutional, M&G High Yield Corporate Bond, Aberdeen Fixed Interest, Aegon Extra Income Institutional, Invesco Perpetual Monthly Income Plus and the M&G Emerging Market Bond. Chartwell charges an initial fee of 0.75% and an annual charge of 0.5% in addition to those levied by the underlying funds. In...
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