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Framlington discounts UK Growth trust

Framlington is offering a 1 per cent discount on its UK Growth trust until the end of October, after the fund was awarded a AA rating by Standard & Poor’s Fund Services.

The £68m fund, managed by Chris Murphy, is top quartile in the UK All Companies sector over one, three and five years.

The discount will reduce the initial charge to 4 per cent from 5 per cent. The fund’s annual management charge is 1.25 per cent. The minimum investment is £500.

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