Polar Capital adds special share class to EM Income fund

Polar Capital is offering a special share class to investors in William Calvert's $33m (£21m) Emerging Markets Income fund.

The share class allows investors to buy into the fund at a discounted annual management charge of 60 basis points. The offer only applies to investments above $5m (£3.12m). Investors who buy into the fund during this period will have ongoing access to shares at a discounted rate. The share class opened on 13 March and will be available to investors for a limited period, although the group has not specified an exact closing date. The Emerging Markets Income fund aims to generate growing dividend income through emerging market equities, without sacrificing the growth characteristics ...