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Chase Fleming Asset Management cuts charges

Chase Fleming Asset Management is cutting the initial charge on lump sum investments into three of its funds.

Lump sum investments of £5,000 or more into the Save & Prosper Premier Equity Growth Fund, the S&P European Growth Fund and the Fleming UK Dynamic Fund will receive a 2 per cent discount on the initial charge of 5.5 per cent for each fund.

Investments between £3,000 and £4,999 will receive a 1 per cent discount. The products carry an initial commission of 3 per cent, with 0.5 per cent trail.

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