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.

Iveagh revamps funds range for RDR-world

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 or register to comment. It is free to register and only takes a minute or two.
Your Business: Cover Star Club

Profile: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

Wealth Manager on Twitter