2CG adds retail sterling share class to European fund

2CG, the boutique founded by Charles Glasse and Christopher Garsten, has added a sterling share class to its flagship European Capital Growth fund which will be available to retail investors for an eight-week period.

Until the end of June, the boutique is offering a management fee of 0.5% and a minimum investment of £10,000. There is also no front end charge and no exit charge, for subscriptions of up to £200,000. The firm said normally retail investors pay an initial charge ranging between 3% and 5% and an annual fee of 1.5% per year. After the eight weeks, the minimum returns to £100,000 and a 1% initial charge will be levied upon subscriptions for this share class. The offer marks the tenth anniversary for the fund, which has until now only offered euro institutional shares, with a managemen...