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Premier Portfolio Managers drops charge on Euro growth fund

Premier Portfolio Managers is offering its European growth fund without an initial charge until October 1, 2001.

The £15m fund invests in European mid and mid-large cap companies to achieve medium to long-term capital growth. The fund currently holds around 70 stocks and is managed by Catherine Guinefort of BNP Paribas.

The minimum lump sum investment is £1,000. Initial commission is up to 3 per cent and renewal commission is 0.5 per cent. The annual management charge is 1.5 per cent.

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