Edinburgh discounts Oeic

Edinburgh Fund Managers is to offer a 0.5% discount on its UK smaller companies Oeic for the Isa season, writes Leo Bland. The discount, which will apply only to lump-sum Isa investments of £2,000 and over, will take the initial charge on the fund to 3% from 3.5% and will be available from the beginning of January through to the end of the tax year. The Oeic, which is managed by Alistair Currie, has an annual management charge of 1.25% and pays 3% initial commission and 0.5% renewal. As of 1 November, the top 10 holdings in the fund included Autonomy, Incepta, Sportsworld Media and Imagin...