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Columbia Threadneedle to cap ongoing charges on two American and European equity funds
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investmentweek.co.ukEight funds were red flagged on this metric, but only two are having their OCF's capped in a bid to resolve the issue on a fund-by-fund basis. The CT North American Equity fund currently has an OCF of 0.9%, according to its latest factsheet, but this will now be capped at 0.86%. The CT Select European Equity has an 0.82% OCT presently and will be capped at 0.91%. Columbia Threadneedle overhauls UK retail multi-manager team as Burdett exits Both changes will become effective from 1 December 2024. Elsewhere in the report, the firm pledged to clarify the objectives of the CT Sus...
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