Old Mutual Global Investors is to introduce a fixed ongoing charges figure (OCF) across its fund range next year, and will also implement a volume discount for its largest funds.
As of 9 January 2015, the OCFs on the group's funds will no longer be an approximate figure based on either an estimate or a previous year's charge. The new fixed expense rate, which will stand at 0.15%...
More than £167,000 raised
Beware ‘temporary’ vulnerability
Partner Insight: A renewed focus on 'knowledge-intensive' companies should help investors realise that these entrepreneurial companies are found in sectors other than biotech or technology.
Celtic WM and Active Wealth