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Slater waives initial charge across fund range
by Emma Dunkley on Mar 04, 2013 at 15:07
The offer, which runs until the end of April this year, means direct investors will not be subject to the 5.25% initial charge on its funds including the MFM Slater Income and MFM Slater Growth funds.
Liz Partenza, head of marketing at the firm, said: ‘We believe that the ISA season presents a great opportunity for investors...By removing the initial charge for the upcoming ISA season we are providing access to Slater’s successful fund performance at reduced costs.’
Over one year, the Income fund has delivered 20.6% versus the benchmark’s 13.3%.
The longer-established Growth fund has returned 73.6% over three years, against the benchmark’s 31.1%, coming in near the top of the UK All Companies sector.
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