RLAM to make small OCF increases on four bond funds

From 16 December

Royal London Asset Management (RLAM) will raise the ongoing charges figure (OCF) on four of its bond funds later in the year.

From 16 December, the OCF on the £937m Corporate Bond fund, managed by Jonathan Platt, will increase from 0.51% to 0.53%. Effective from the same date, the charge on Eric Holt's £359m Royal London Ethical Bond fund will increase from 0.51% to 0.58%. The charge on the £181m Royal London Short Duration Gilts fund, managed by Craig Inches alongside deputy manager Paul Rayner, will rise from 0.27% to 0.34%. Darius McDermott: It's time to change the message on fees and charges Finally, the ongoing fee on the £574m Royal London UK Government Bond fund, also co-managed by Inches and Ra...