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WS Blue Whale Growth fund launches rebate scheme to return proportion of fees to clients
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Taking effect on 1 January 2025 and subject to regulatory approval, the fund will return a percentage of the annual management charge (AMC) back to investors for every £1bn rise in the vehicle's assets under management. Supermarket Income REIT overhauls management fee calculation Following the changes, both current and new investors will save 1% in fees, provided the fund's AUM surpasses £1bn from the date of implementation and remains above that threshold. If the fund's AUM exceeds £2bn, an additional 1% in savings will be applied on post-rebated AMC, with the process continuing f...
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