BNY Mellon's Newton unveils RDR-ready share classes

They will be available for advised investments made through third party platforms, such as Fidelity FundsNetwork, Cofunds and Skandia. The annual management charge will be 0.75%, stripping out platform and commission, and will be half the amount charged on the existing bundled equity share classes of 1.5%. Minimum investment will be £1,000. These RDR-ready share classes will be offered on all funds in the UK-domiciled BNY Mellon investment range, including the £684m Newton Asian Income, £2.7bn Newton Global Higher Income, £2.2bn Newton Higher Income, £5.9bn Newton Real Return and £625...