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DWS Investments – DWS Managed Distribution Fund

Type: Oeic fund of funds

Aim: Growth by investing in DWS equity and bond funds

Minimum investment: Lump sum £1,000, monthly £25

Investment split: 50% equity funds, 50% bond funds

Isa link: Yes

Pap transfers: Yes

Charges: Initial 4.25%, Isa 3.25%, Pep transfers 3%, annual 1.25%

Commission: Initial 3%, renewal 0.5%

Tel: 0800 917 0005


Aifa&#39s view

2003 was a year of good news and bad news. Good news! The FSA is halving the number of consultation papers it publishes next year. Bad news! The Treasury select committee is holding an enquiry so we will not notice the difference. Good news! IFAs still account for a tiny proportion of complaints, especially complaints […]

NDF offers index innovation

NDF Administration has brought out a capital-protected bond that can be linked to the Halifax House Price Index, the FTSE 100 index or a combination of both indices for six years. The bond will return all investors&#39 original capital at the end of the term regardless of index performance. Investors will also get 100 per […]

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Bankhall £750k backing to fund CPG RI buys

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Scheme pays explained

By Fiona Hanrahan, senior product insight and technical support analyst We’ve received lots of queries on scheme pays and when it can be used. This article explains how it works and the conditions which apply. What is ‘scheme pays’? If an individual exceeds the annual allowance (AA) and an AA tax charge is due, they […]


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