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
Play Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter