Artemis adds Isa product to fund range

Artemis Unit Trust Managers is to launch an Isa on 1 May for its fund range, writes Jane Wallace. Cu...

Artemis Unit Trust Managers is to launch an Isa on 1 May for its fund range, writes Jane Wallace. Currently there are only two retail onshore unit trusts which would be appropriate: Artemis UK Growth and Artemis UK Smaller Companies. They are run by Mark Tyndall and John Dodd respectively. The pair were previously responsible for running Ivory & Sime's investment trusts, UK Smaller Companies and Isis. Accompanying the launch will be a 1% discount off the initial charge of 5%. The annual management fee will be 1%. Commission for IFAs is 3% initial and 0.5% trail. The two funds share the sa...