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Investment update

ABN Amro is offering a blanket 1 per cent discount on all Isa and Pep

transfers and new Isa business until the end of April. The discount,

which is exclusive to IFAs, will reduce the initial charge on the

seven funds from 5 per cent to 4 per cent. Annual management charges

are between 1.25 and 1.5 per cent. Minimum investment is £1,000

lump sum or £50 a month.

Investec Asset Management is offering a 1 per cent discount on its

cautious managed and monthly high-income funds until the end of the

tax year.

The discount will reduce the funds&#39 initial charges to 3.5 per cent

from 4.5 per cent. The annual charge on the cautious managed fund is

1.25 per cent, and 0.75 per cent on the monthly high-income fund.

Minimum investment is £1,000 lump sum or £100 a month.

Keydata has launched its Secure Growth Portfolio 2, offering

investors 90 or 100 per cent protection and the opportunity

potentially to double their capital over five years.

The new product is linked to the performance of six funds, managed by

JP Morgan Fleming, Norwich Union, Newton and Threadneedle. Investors

opting for the lower degree of capital protection earn 140 per cent

of the six funds&#39 average returns while investors choosing 100 per

cent protection earn 100 per cent of average growth. Minimum

investment is £3,000.

Framlington is offering a 1 per cent discount on all Isa business

into its UK growth fund until April 5. The discount will lower the

fund&#39s initial charge from 5 per cent to 4 per cent.The fund has an

annual charge of 1.25 per cent. Minimum investment is £500 lump

sum or £50 a month.

Threadneedle Investments is offering a 0.5 per cent discount on its

three UK corporate bond funds until the end of the tax year. The

discount will take the funds&#39 initial charges from 3.75 per cent to

3.25 per cent. On all Pep and Isa transfers, the initial charge is 3

per cent. The annual charge on the high-yield bond and strategic bond

funds is 1.25 per cent and is 0.75 per cent on the UK corporate bond

fund. Minimum investment limit is £2,000.

Christows is extending its 1 per cent discount on its portfolio funds

until the end of the tax year. The discount reduces the funds&#39

initial charge from 5 per cent to 4 per cent. The annual charge is

1.3 per cent. Minimum investment is £5,000.

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