We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close
In association with

Home > Investments > UK

By Nick Reeve | Published Aug 24, 2012

M&G rolls out new clean fee share classes

M&G has introduced new retail share classes across its fund range with both 1 per cent and 0.75 per cent annual management charges ahead of the RDR.

As first announced in May, the new 1 per cent share classes are aimed at intermediaries investing direct with M&G, while the 0.75 per cent share class is for business on investment platforms.

M&G, the UK’s biggest fund manager, has joined Franklin Templeton in launching separate commission-free share classes for platform and non-platform business.

Jonathan Willcocks, managing director of global retail sales, said: “We’ve responded to the demands of the market by providing over 130 new share classes across our funds. This gives our wide and varied customer base maximum flexibility.”

visible-status-Standard story-url-IA web 240812 m&g.xml

COMMENT AND REACTION
Most Popular
More on FTAdviser
FTA jobs
  • Investment Manager

    Location: Throughout the UK

    Salary: Uncapped Earnings - £100K 1st year OTE - Basic Salary £60K + Bonus paid quarterly In addition,you receive essential technology, including: laptop, Smartphone and printer.

  • Senior Investment Managers

    Location: London, South East, South West, Midlands

    Salary: £negotiable + bonus + package

  • IFA Administrator

    Location: Leamington Spa

    Salary: To £19,000 + Benefits