Legg Mason Global Asset Management is set to add clean share classes to its fund range ahead of the retail distribution review.
The ‘X’ share class will be added to all 11 funds in the group’s UK ICVC fund range during October. The new share class will have an annual management charge (AMC) of 0.75% on a typical equity fund....
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes