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River and Mercantil Asset Management – UK Unconstrained Fund

River and Mercantil Asset Management

UK Unconstrained Fund

Type: Oeic

Aim: Growth by investing in a concentrated portfolio of UK equities

Minimum investment: Lump sum £1,000

Investment split: 43% FTSE 100 companies, 27% FTSE 250 companies, 25% FTSE small cap companies, 5% FTSE Fledgling and Aim companies

Isa link: Yes

Pep transfers: Yes

Charges: Initial up to 5.25%, annual 1.75%

Commission: Initial 3%, renewal 0.5%

Tel: 020 7601 6262


FSA’s placement plan casts shadow on IFAs

The FSA’s plans to have members of its staff shadow IFAs at work has met with a mixed response from the industry.The regulator says the main purpose of the placement scheme is to allow FSA employees to experience the sales process at first hand for a few days to enable them to gain a better […]

Providers confused on protection signatures

Protection providers are disappointed after the Association of British Insurers omitted customer signatures from its draft guidance on telephone and online applications.Royal Liver IFA market manager Andy Milburn says he believes some insurers have put pressure on the ABI not to include the issue of whether providers need a wet signature before an online or […]

Homeloans website claims to cut out advice

A new company claims borrowers can skip the advice process and use its price comparison website to source a mortgage.Go Direct, which was established last year and is an appointed representative of Personal Touch Financial Services, has been set up to “fulfil the needs of customers wanting to access the entire marketplace, without having to […]


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