Charles Schwab readies funds discount service

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Charles Schwab Europe is launching a discounted funds service called Schwab Fund Select. This offers...

Charles Schwab Europe is launching a discounted funds service called Schwab Fund Select. This offers investors access to 130 unit trusts and Oeics and Schwab is capping initial charges on funds bought through the service at 1.5%. The eight groups offering funds through the scheme include Aberdeen and Threadneedle. Contact: www.schwab-europe.com

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