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Chase Fleming Isa is linked to Euro Sicav

Chase Fleming Asset Management is launching its Fleming Funds Isa on January 15.

The wrapper provides inv estors with the opportunity to build a portfolio from any of the 17 funds in the FF European-based Sicav.

Alternatively, investors can choose one of two special portfolios, created by CFAM. These focus on technology and Europe and each contain four core FF funds.

The product will make the FF range available through an Isa for the first time in the UK. Previously, FF funds have only been available as a direct investment to UK investors.

Minimum lump-sum investment is £2,000 or £100 a month.

The Isa&#39s initial charge of 5 per cent will be discounted to 3 per cent until February 28.

Annual management fee is 1.5 per cent. Initial commission is 3 per cent and trail is 0.5 per cent.

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