7IM renames Unconstrained fund and cuts management fee

Following client feedback

Laura Dew
clock • 1 min read

Seven Investment Management (7IM) has renamed its 7IM Unconstrained fund as the 7IM Real Return fund to better reflect the nature of the product, while also reducing its annual management fee.

7IM said the name change was made following comments from investors and advisers that the previous name did not fully reflect the nature of the fund. The fund's objective, to provide a total return that exceeds UK CPI inflation by 2% over a rolling three-year period, will remain unchanged as will the management team.  7IM and DT launch 'low cost' risk-targeted fund range The team consists of Alex Scott, deputy chief investment officer; Ian Jensen Humphreys, senior investment manager; Camilla Ritchie, senior investment manager; and Matthew Yeates, quantitative investment manager. ...

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