Investment Editor Chris Duncan sets out some of the best deals in the
Gartmore is offering a 2 per cent discount off the initial charge on
investments into its focus funds until April 30. The initial charge
is now 3 per cent. The fund manager is also reducing the initial
charge on its cautious managed fund to 3 per cent, a 0.5 per cent
Isis Asset Management is reducing the initial charge by 1 per cent
across the whole range of Isis-branded funds. Funds carry a 4 per
cent initial charge.
The initial charge on M&G's three fund of funds portfolios – the
UK growth, balanced and cautious managed – is being discounted to 3
per cent from 4 per cent until the end of the tax year. The
Prudential distribution trust is being discounted to 2 per cent from
3 per cent until June 27.
Threadneedle is discounting the initial charge on its UK corporate, strategic
and high-yield bond funds by 0.75 per cent to 3 per cent until April
5. IFAs can either waive the discount or take it as commission.
Framlington is offering a 1 per cent discount on funds, including its
blue chip, equity income, health, high income, UK growth, UK select
opportunities and UK smaller companies funds. They will have a 4 per
cent initial charge until April 5, except for its health fund, which
will charge 4.25 per cent, and the smaller companies fund, which will
charge 4.5 per cent.