Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of 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
Citywire TV
Citywire TV
Play Sam Vecht: the best opportunities in frontier markets

Sam Vecht: the best opportunities in frontier markets

Blackrock's Vecht evaluates frontier markets and explains where he sees the opportunities

Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Your Business: Cover Star Club

Profile: meet the duo at the heart of Hargreave Hale's succession plan

Profile: meet the duo at the heart of Hargreave Hale's succession plan

For the first time in the company's history a non-Hargreave is now at the head of the north west broker and asset manager

Wealth Manager on Twitter