By Robert Stock Close Finsbury is offering Isa wrappers for its Oeic funds and investment trust ran...
By Robert Stock Close Finsbury is offering Isa wrappers for its Oeic funds and investment trust range for the first time. All of the Oeic funds, except the Universal Life Sciences Institutional share class, carry a 4.5% initial charge, 1.5% annual management charge, and offer 3% initial intermediary commission as well as 0.5% trail commission. The introduction of the Isa wrapper, which is now available, includes the Close Finsbury UK Equity Fund, which since 2 January has been managed by James Barstow, managing director of Mars Asset Management, along similar lines to his Aurora Investme...
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