First State putting 0.5% discount on British funds

Professional Adviser
clock

First State Investments is putting a 0.5% discount on the initial charge of its British Mid-Cap fund...

First State Investments is putting a 0.5% discount on the initial charge of its British Mid-Cap fund, launching on 11 February 2002. The discount is off an initial charge on the Oeic A Shares of 4% and will apply to all investments of £5,000 and above. It will run until 5 April 2002. The fund will form part of the newly renamed British range of UK equities portfolios, which takes effect from 11 February. The three other members are all rebrandings of existing funds. First State's UK All Companies fund becomes British All Companies, British fund becomes British Opportunities and UK Small...

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

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •