Cazenove funds will see their ongoing charges rise once the range is moved onto the same platform as acquirer Schroders.

Schroders said ongoing charges on Cazenove funds would increase as a result of higher administration charges. Cazenove funds will move in line with Schroders' existing fund charges.

The administration fee on Cazenove funds will increase to 0.15% when the funds are rebranded on 24 March. The administration fees previously ranged from 0.04% to 0.06%.

Under the new charges the Cazenove UK Opportunities fund, run by Julie Dean (pictured), will have an ongoing charge figure (OCF) of 1.69% on its B share class, compared to where it stands currently at 1.56%.

Paul Marriage’s Cazenove UK Smaller Companies fund will have an OCF of 1.67%, compared to its current 1.58% for its B share class.

However, the Cazenove UK Corporate Bond fund, managed by Alexander Smitten, will see an increase of  0.10% to its admin fee.

A spokesperson at Schroders added: 'Our funds’ on-going charges are checked on a regular basis to ensure they are competitive.'