Close Investments has reduced the initial charge on its Close Escalator Fund range to 3%.
The Close Escalator Fund range consists of protected unit trusts that offer investors exposure to UK, European and World stockmarkets.
Investors can protect 95% of their capital every quarter with the UK Escalator 95 Fund, the European Escalator Fund and the World Escalator Fund, while the UK Escalator 100 fund offers 100% protection every quarter.
The initial charge cuts now bring the three 95% protected funds in line with the 100% capital protected fund.IFAonline
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‘Most significant’ upgrade since launch
Changes happening over coming months