Sarasin renames AgriSar fund as it cuts fees

Anna Fedorova
clock

Sarasin has scrapped the performance fee and reduced the annual management charges on its AgriSar fund as it prepares to rename the vehicle.

The fund will be renamed Sarasin Food and Agriculture Opportunities fund with effect from 16 June, subject to regulatory approval. The group scrapped the performance fee on the fund in February, and the performance fee share classes are set to merge with their non-performance fee equivalents in June. The AMCs on all three share classes has been reduced by 25bps each; the platform share class will now be priced at 0.75% and the institutional at 0.85%, while investors buying direct from the group will pay an AMC of 1.5%. The group said: "The new name more accurately reflects the fund...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Commodities

Four Graphs explaining silver

Four Graphs explaining silver

Four experts write

Investment Week
clock 28 March 2024 • 2 min read
Charles Stanley Direct: Explaining the gold spike

Charles Stanley Direct: Explaining the gold spike

Reaching a record high

Rob Morgan
clock 05 December 2023 • 4 min read
London Metal Exchange wins legal case against nickel trading suspension

London Metal Exchange wins legal case against nickel trading suspension

Brought by Elliot IM and Jane Street

Elliot Gulliver-Needham
clock 30 November 2023 • 1 min read
Trustpilot