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Investors out for the discount

Invesco Perpetual is extending its 2 per cent discount on all Isa investments and Pep/Isa transfers until April 5, including its monthly savings and phased investment options. It is also extending the discount to its corporate bond, global bond, monthly income plus and European high-yield funds for investments made outside an Isa.

JP Morgan Fleming is giving a 2 per cent discount on its Oeic range. The discount reduces the initial charge to 3.5 per cent until April 5 and includes funds such as JPMF&#39s UK dynamic fund and UK equity income fund. The firm is also waiving the 1 per cent transaction charge on its investment trust range until April 30.

Credit Suisse Asset Management is offering a 1 per cent discount on all lump-sum Isa investments into funds in its Oeic range. The initial charge on funds such as Bill Mott&#39s top-performing income funds is now 4.25 per cent until April 5. CSAM&#39s corporate bond monthly income fund, which usually has a front-end load of 4.25 per cent, is charging 3.25 per cent.

Investors in Jupiter&#39s distribution fund will benefit from a 1 per cent discount for all lump-sum investments and Isa and Pep transfers until April 30. The move lowers the initial charge on the fund to 3.5 per cent.

SG Asset Management is offering a 2 per cent discount on the offer price of its nine equity funds until April 30, bringing the initial charges down to 3.25 per cent. They include the UK growth, technology, UK income, global managed, American growth and special opportunities funds. SG is also offering a 0.38 per cent discount, reducing the charge to 3.12 per cent from 3.5 per cent on its corporate bond fund over the same period.

Fidelity is not giving discounts on its Oeic or unit trust range this year but is waiving the 3.25 per cent initial charge on five investment trusts until April 5. Investors can invest in each trust separately or through Fidelity&#39s fiveinone Isa package.

Govett is offering a 1 per cent discount on its most popular funds until April 5. The firm is applying the discount – reducing the initial charge to 4 per cent – to its US opportunities, Asia Pacific, Japanese opportunities, UK small companies and UK equity safeguard funds.

Exeter Fund Managers is offering a 1.5 per cent Isa discount on its three funds of investment trusts – the Pacific growth fund, global opportunities fund and managed growth fund. The initial charge on all three is reduced to 3.5 per cent until April 5.

Newton Fund Managers is offering a 0.5 per cent discount on all lump-sum Isa investments until April 30, reducing its initial charge to 3.5 per cent. The discount applies to Newton&#39s umbrella fund range of 18 sub-funds of its Investment Company with Variable Capital.

The Henderson-managed Witan investment trust is offering investors free share dealing on all lump-sum Isas, Pep and Isa transfers until April 5. Witan says this menas a saving of £70 for someone investing their full £7,000 Isa allowance.

Old Mutual is waiving the initial charge on its UK select mid-cap, UK select large cap, corporate bond and UK fixed-interest funds. The charges varied from 2 per cent to 4 per cent.


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