Investec Asset Management recently announced the roll-out of ‘RDR-ready’ share classes across its UK-domiciled OEIC fund range, in preparation for the implementation of the Retail Distribution Review. Investec Asset Management now offers a share class with a 0.75% AMC, which will be available to fund platforms and advisers.
The share classes are available for the funds within its recently launched Managed Solutions Range, which brings together a range of risk-rated investment solutions, each aiming to achieve investors’ most widely sought investment outcomes. The range includes the new Investec Diversified Growth Fund alongside the highly regarded Investec Cautious Managed Fund, the award-winning Investec Multi-Asset Protector Fund and the Investec Managed Growth Fund.
This will also apply to its specialist fund range, which includes highly-regarded funds such as the Investec Enhanced Natural Resources Fund, the Investec UK Special Situations Fund and the Investec Asia Ex-Japan Fund.
David Aird, Managing Director, UK Client Group, commented: “Investec Asset Management is an unashamedly active manager and, as such, aims to provide value to our underlying investors for active management. In rolling out our RDR-ready share classes at 0.75% six months prior to the RDR deadline, we are aiming to give platforms, advisors and underlying clients peace of mind.”