Rathbone Unit Trust Management has brought out a regular savings plan starting from £100 month, link...
Rathbone Unit Trust Management has brought out a regular savings plan starting from £100 month, linking to six of its unit trusts.
Prior to its launch on 6 April, the minimum investment via the plan was £1,000 which could be spread across the fund range.
The change is aimed at bringing in a wider range of investors. Rathbones concentrates on UK equity portfolios.
The six unit trusts available through the plan include the £9.6m Income Fund, managed by Carl Stick and Hugh Priestley, the £27.9m Income & Growth Fund, managed by Priestley and the £67.5m Smaller Companies Fund, managed by Roger Whiteoak.
The other three funds available are the £65.4m Technology Fund, managed by Priestley, the £15.5m Special Situations Fund, managed by Patrick Evershed and the £7.3m Capital Growth Fund, managed by Whiteoak.
A front-end fee of 5.5% is charged on all funds. An annual management fee of 1.5% is charged on the Smaller Companies and Special Situations funds, while 1% is charged on the Technology, Income & Growth, Income and Capital Growth portfolios.
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