Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Aviva launches RDR-ready share classes across fund range

Aviva launches RDR-ready share classes across fund range

Aviva Investors has made changes to the shares classes on its onshore and offshore funds as the retail distribution review comes into force.

The firm has completely discounted initial charges across its range of onshore Oeic funds for advised and direct business and has created share classes that are free from trail commission on certain funds, for advisers who deal directly with Aviva Investors.

These products include the firm’s UK Equity Income fund, Multi-Asset fund range and the Aviva Investors Property Trust, where the share classes have annual management charges (AMC) ranging between 0.75% and 1%.

The firm has also launched an ‘R’ share class on four of its most popular offshore Sicav funds, which has no trail commission.

The share class, denominated in sterling, is offered on the Global High Yield fund, UK Equity Focus fund, Global Convertibles fund and Emerging Markets Local Currency Bond fund at present.

The R share class will be offered on other Sicavs where there is demand, the firm added.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

This week Brewin Dolphin's head of research talks to Mike Riddell, fund manager at Allianz Global Investors, about the forces driving bonds markets in a tumultuous week for markets.

Play Henderson's Hermon: how to be defensive in smaller caps

Henderson's Hermon: how to be defensive in smaller caps

Hermon, who manages the Henderson Smaller Companies trust, talks about he will tackle a 'challenging' 2016.

Your Business: Cover Star Club

Profile: 'what we are doing at Mosaic is Darwinian'

Profile: 'what we are doing at Mosaic is Darwinian'

The changes in financial services over the last few years may leave some destitute warns Marco Sambucci of Mosaic Money Management

Wealth Manager on Twitter