Costs should be based on Reduction in Yield figures

Letter

clock

Mark Jones Marketing & product development director Dear Editor I am writing to correct the impre...

Mark Jones Marketing & product development director Dear Editor I am writing to correct the impression given by the table you printed in your front-page article on 6 February. You implied that funds within the new investment bond we have launched with Legal & General cost significantly more than unwrapped funds. Not so. Insurance bonds have a different structure from unit trusts and Oeics and take their charges differently. The Cofunds/Legal & General Bond has no front-end load. In fact it can give additional allocations. Investment funds generally do have front-end loads - in some cas...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on Investment

EquitiesFirst's James Mungovan: Time to let private credit fund public growth

EquitiesFirst's James Mungovan: Time to let private credit fund public growth

Escape from low-growth trap

James Mungovan
clock 28 May 2025 • 3 min read
Global Investment Management Summit: Speaker line-up includes City minister, Jeremy Hunt and FCA

Global Investment Management Summit: Speaker line-up includes City minister, Jeremy Hunt and FCA

Investing through complexity, accelerating future growth

Investment Week
clock 27 May 2025 • 2 min read
Partner Insight:  The (Trade) War You Start May Not Be the War You Get

Partner Insight: The (Trade) War You Start May Not Be the War You Get

Loomis Sayles’ David Rolley digs into the rationale behind Trump’s trade war and its potential consequences.

David W. Rolley, CFA Loomis, Sayles & Company an affiliate of Natixis Investment Managers
clock 27 May 2025 • 8 min read
Trustpilot