Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a654249

Iveagh revamps funds range for RDR-world

by Emma Dunkley on Jan 28, 2013 at 14:30

Iveagh revamps funds range for RDR-world

Iveagh has unveiled unbundled share classes and reduced the minimum investment across its fund range, making it more accessible to retail investors with the retail distribution review now in full force.  

The new R share classes are clean of commission and platform charges, with an annual management charge of 1%.

Iveagh will offer one clean share class per fund, which includes the firm’s entire Ucits sub-fund range, the Iveagh Wealth fund and volatility-target core portfolios, as well as the Adventurous, Balanced, Cautious, Growth, Income and Moderate portfolios.

As part of the move to position these funds for the retail market, Iveagh has reduced the minimum subscription to £1,000 for new and additional investments.

Richard Ford, chief executive officer, said: ‘The clean share classes on all Iveagh funds are available now to meet the current needs of advisers and platforms and provide piece of mind for investors.

‘The minimum investment of £1,000 signals our commitment to the retail market, particularly our volatility-targeted Core Portfolio range which is resonating well among financial advisers.’

Iveagh is an independent asset management firm backed by the Guinness family.

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?


Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

More about this:

Look up the funds

  • Iveagh Wealth EUR Acc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Archive

On the road

Click here to find out more from the Audience Development team.

Read more...

Schroders streamlines fund range

by Robert St George on Apr 23, 2014 at 10:29

Sorry, this link is not
quite ready yet