SVM to launch Isa

Scottish Value Management (SVM) has launched a unit trust Isa, which offers investment into a range ...

Scottish Value Management (SVM) has launched a unit trust Isa, which offers investment into a range of SVM's funds. The range of funds available to investors through the Isa are the SVM UK Growth fund, the SVM European Growth fund, the SVM Continental Europe fund, the SVM New Economy fund, and the SVM UK Opportunities fund. The SVM Isa incurs no additional charges, so the investor will pay the same initial charge and annual fees as they would for buying units in the fund without a wrapper. There is an initial charge of 5% for the unit trust Isa and an annual management fee of 1.25% fo...