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Framlington offers discount on UK Growth Fund

The fund manager Framlington is offering a discount to its UK Growth Fund for investers looking to make a lump sum investment.

The one per cent discount will be available to minimum investments of £500 or monthly payments of £50 until July 31.

The initial set-up charge with the investment is 4 per cent, and a subsequent annual management charge of 1.25 per cent.

Framlington&#39s UK Growth Fund delivered returns of 24 per cent in the last year. Over the last five years it has grown by 128 per cent. The fund has a 4 star Standard and Poor Micropal rating.

The fund is also available as a Maxi or Mini ISA.

UK Growth Fund manager Chris Murphy says: “At Framlington, we are looking for stocks which will benefit from global growth trends or provide added value products and services to their clients.”

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