Cazenove discounts UK Absolute Target at launch

Cazenove is offering a 2% discount on the initial charge of its UK Absolute Target fund which launche...

Cazenove is offering a 2% discount on the initial charge of its UK Absolute Target fund which launches on 18 July. Run by Tim Russell the fund will be an open-ended version of his hedge fund UK Equity Absolute Return. The discount will allow IFAs to charge no initial fee to clients. At launch, the fund will be available on Cofunds, Standard Life, AXA Elevate Platform, Nucleus, Transact, Assentric, Avalon, HL Vantage and other Sipp providers. UK Absolute Target has also already been awarded a double-A rating by S&P It is only the second UK Equity Absolute Return Fund to receive such a ...