Aegon Property Income fees rose 56% while suspended

Increase from 1.83% to 2.85%

James Baxter-Derrington
clock • 1 min read
Aegon has previously stated the fund may take 12-24 months to fully liquidate
Image:

Aegon has previously stated the fund may take 12-24 months to fully liquidate

Investors in the now closed Aegon Property Income fund saw their costs rise by more than 50% over the course of the fund’s suspension, despite a reduction in the management fee.

On 1 November 2020, the fund discounted the annual management charge by 15 basis points, bringing that portion of costs down to 0.6% for the duration of the fund's suspension. However, according to...

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