Jarvis launches multi-fund Isa

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Jarvis Investment Manage-ment has launched a multi-fund Isa. The Freehand Multi-fund Isa can accom...

Jarvis Investment Manage-ment has launched a multi-fund Isa. The Freehand Multi-fund Isa can accommodate an unrestricted choice of unit trusts and Oeics all within one Isa or Pep portfolio and allows for easy switching between funds without the need to close or transfer the Isa or Pep. The annual management charge for the fund is 1% with a 3% initial charge. This compares to the Skandia Multi-fund Isa, which offers investors access to 245 managers from 26 managers and has an initial charge of 4.5% for the Isa and the fund and a 3.5% initial charge for a Pep transfer. As an incentiv...

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