Abrdn cuts fees and rebrands MyFolio Managed range

The changes to the OCF framework will take effect on 1 April 2025 and will impact the funds' institutional share class, which forms the primary class available on distribution platforms. The OCF for the Abrdn MyFolio Managed I fund will decrease from 0.7% to 0.56%. Similarly, Abrdn MyFolio Managed II fund will see its OCF drop from 0.69% to 0.59%, while the Abrdn MyFolio Managed III mandate will fall from 0.73% to 0.61%. In the case of both the Abrdn MyFolio Managed IV and the Abrdn MyFolio Managed V, the OCF rates will be reduced from 0.75% to 0.65%. In addition, the asset mana...