Sarasin has rebranded its AgriSar fund as the Food and Agriculture Opportunities fund.
The £148 million fund, managed by Henry Boucher (pictured), invests from ‘field to fork’ across the food and agricultural industry.
‘The new name more accurately reflects the fund’s investment objective, providing a clearer representation of the broad industry sectors in which it primarily invests,’ Sarasin stated.
The fund’s charging structure has also been amended, with the performance fee removed. The management fee has also been cut by 25 basis points, with the fund’s platform share class now available for 0.75%.
The name change will be effective from 16 June 2014, subject to FCA approval.