Investec Asset Management has set out a marker for other fund groups on super clean after launching low-cost share classes for six of its most popular funds.
The group will launch super clean share classes with an AMC of 0.65% for its three funds in its Managed Solutions range, including Alastair Mundy's flagship £2.7bn Cautious Managed fund, as well as the Diversified Growth fund and the Diversified Income fund. Super clean share classes will also be launched in its Specialist fund range on the UK Special Situations fund, the Enhanced Natural Resources fund and the Emerging Markets Blended Debt fund. The group said the funds will only be available to "selected strategic distribution partners". By holding the line at 0.65%, Investec has...
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