Schroders ups fees on six unit trusts

Schroders was to raise the charges on six of its unit trusts including two leading UK products and M...

Schroders was to raise the charges on six of its unit trusts including two leading UK products and Mark Pignatelli's European fund. The 0.25% rise in the annual fee affected total assets of £2.88bn and was expected to produce an additional £7.21m in income from annual fees. The funds affected were Pacific, Tokyo, UK Equity, Income, Gilt & Fixed Interest and European.