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.
Citywire TV
Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: 'new normal' now is as dangerous as when it was applied to tech

Profile: 'new normal' now is as dangerous as when it was applied to tech

7IM's CIO Chris Darbyshire says he has been re-energised by his new role, but has little time for 'new normal' doom-mongers

Wealth Manager on Twitter