Class L Shares were launched as part of a programme of fund transfers that took place in 2016 and 2017. They are institutional share classes with lower ongoing charges and a smaller annual management fee than the other share classes in the funds.
In the event that an existing investor exits a Class L Share and then (having gained permission from the ACD) decides to reinvest in that position, the investment minimum for Class L Shares will increase from £500,000 to £100 million with effect from 1 September 2018.
Which funds are affected by this change?
- European Fund
- UK Equity Income Fund
- UK Select Fund
- US Equity Income Fund
- UK Corporate Bond Fund
If you would like further information, please call us on 0800 953 0134* if you are in the UK or on 0044 1268 444 321* if you’re based outside of the UK. Our team is available from 8.00am to 6.00pm, Monday to Friday (UK time).
*calls may be recorded
