Kames cuts fees on £270m UK Equity fund

Brings vehicle in line with competitors

Kames Capital has reduced the annual management charge on its £270m UK Equity fund from 0.75% to 0.6%.

The changes on the fund, managed by Stephen Adams and Philip Haworth, will apply to its 'b' share class. Kames Capital said the reduction has been made following a review, and will bring the fund, which was launched in August 1985, in line with competitors. Kames slashes fees on Diversified Income fund Steve Kenny (pictured), director of wholesale at Kames Capital, said: "We regularly review our funds to ensure they remain competitive in the wider market and our investors receive value for money. "We believe the performance of the Kames UK Equity fund, coupled with the experienc...