Cofunds unbundled pricing model imminent

The unbundled model, announced in September last year, will have about 1,700 clean share classes available on day one from 85 fund groups. At the same time, the platform said it intended to champion clean share classes, in what it said was a pre-emption of last month's platform paper. Sales and marketing director Alastair Conway said the idea of a retail share class that solely covers the cost of fund management seemed radical "even a few months ago". "A year on from when we first announced our push for clean share classes, it's become a reality," he said. "For some fund groups ...