SG Asset Management this week launches a US unit trust for the retail market, run by Alan Torry. ...
SG Asset Management this week launches a US unit trust for the retail market, run by Alan Torry. The SocGen American Growth unit trust is based on the group's existing institutional US portfolio. In addition to Torry, the SG North America team includes Sam Mercer-Nairne and Takouhi Tchertchian. The fund offers 3% initial commission and 0.5% renewal for Isa and Pep investments. It has a 5.25% initial charge and a discount of 2% is available in the form of bonus units during the launch period, which runs from 11 June until 29 June. The annual management fee is 1.5%. While the primary f...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes