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ASI announces sweeping fee cuts across 11 funds
By Harriet Habergham, 4 May 21
Five sterling government bond funds to see AMC slashed, while the £1bn Emerging Markets Equity and Asia Pacific Equity funds will also see charges cut
Aberdeen Standard Investments will slash annual management charges across 11 of its funds from 1 June.
In a letter to investors, ASI said it was planning fee cuts across a number of its sterling government bond funds, as well as some of its larger funds, including the £1.1bn Emerging Markets Equity and £1.1bn Asia Pacific Equity funds “following a review of the funds’ pricing”.
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How do we decide which ethical funds get the best rating?
Every 12 months, the Moneyfacts product specialists take an in-depth look over the ethical funds sector to determine which are judged worthy of our coveted four- and five-star annual Star Ratings. Many different elements are carefully weighed and judged in comparison with the other products currently available to determine which ethical funds are truly leaders in their class when it comes to the benefits they provide to consumers.
The Moneyfacts Star Ratings are an impartial and highly respected overview of many categories of financial products, valued by professionals, providers and consumers alike.