Henderson Global Investors is launching clean-fee RDR share classes across its fund range from August 1.
The share classes will carry an annual management charge net of any fee payable to financial advisers or fund platforms. On a typical equity fund, the clean share class will have an annual management charge of 0.75 per cent.
The share class will only be accessible to individual retail investors via platforms.
Source: FundWeb. Read full article here.