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MAM Funds to launch non-trail share class in RDR move

MAM Funds is launching a new non-trail share class across its fund range in preparation for the RDR.

The new range will launch in mid-March and will see a 1 per cent non-trail ‘N’ share class introduced for the group’s range of Ucits funds.

The new share class will be available on all platforms post-RDR, as well as directly. The existing retail share class will continue for legacy business.

MAM Funds head of business development Neil Bridge says: “These are important changes as we prepare for the introduction of the RDR, and provide investors and distributors with new options to access our funds post RDR implementation.”

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