AJ Bell has cut the ongoing charges figure (OCF) of its Passive Balanced fund by 6% and fixed the annual management charge (AMC) on its passive multi-asset fund range at 0.15%.
The move is part of AJ Bell's commitment to passing on economies of scale to investors. As the funds increase in size, the fixed costs associated with running the fund decrease proportionately, translating...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
Integration with Money Dashboard
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