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Aegon offers initial discount on fund trio

Aegon Asset Management is offering a discounted initial charge on three of the funds within its UK offering.

The UK equity fund, managed by Stephen Adams, and the UK opportunities fund, managed by Audrey Ryan, will both see their initial charge slashed from 5.5 to 3 per cent.

Meanwhile, Philip Milburn’s high yield bond fund will have its initial charge cut from 4.5 to 3 per cent.

All discounts will apply from 1 February to 30 April 2008. Commission on all three vehicles remains unchanged at 3 per cent.

Aegon Asset Management head of retail sales Steve Kenny says: “Aegon Asset Management is now widely recognised for its UK equity offering and is one of the few companies currently in the market to have two ‘AAA’ rated UK equity managers.

“Stephen Adams has consistently outperformed the market with the UK equity fund, while Audrey Ryan has had a tremendous start with the UK opportunities fund.

“Philip Milburn has been consistently recognised as one of the leaders in the high yield bond arena and this is an excellent opportunity to invest in these leading funds.”

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