Cazenove fund charges to rise after Schroder rebrand

The administration fee on Cazenove funds will increase to 0.15% following the rebrand on 24 March. The administration fees previously ranged from 0.04% to 0.06%. The changes will see Paul Marriage's UK Smaller Companies fund have an ongoing fund charge of 1.67%, up from 1.58%. Julie Dean's UK Opportunities fund will have an ongoing charge of 1.69% on its B share class, up from 1.56%. Schroders said the move is designed to bring the charges in to line with the group's existing fund range. Earlier this week, Schroders revealed it intends to rename all of the funds it acquired from...