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Investec extends commission terms on three funds

Investec is extending its 4 per cent initial commission offer on its cautious managed fund, managed distribution fund and global free enterprise fund until December 31, 2006.

The fund house says this will give IFAs the choice of taking higher commission or to give up the commission in part or whole to give clients better entry costs.

Alastair Mundy manages the cautious managed fund and managed distribution fund. The global free enterprise fund is managed by Mark Breedon.

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