aberdeen seeks to merge two MyFolio fund ranges

EGM on 23 May

aberdeen Investments is looking to merge two of its ranges - MyFolio Market and MyFolio index - Investment Week can reveal.

The move comes as both ranges share similarities including universe, asset allocations and risk targets. According to aberdeen, the MyFolio index range offers lower fees in its primary share class, which are between 5% and 20% less than those of the MyFolio Market fund range. abrdn swings back to profitability as it undergoes name change If the merger takes place, investors in the MyFolio Market range could pay between 5% and 20% less in fees compared to the current ongoing charges figure when it comes to its primary share class. MyFolio index has recorded better performanc...