abrdn cuts fees and rebrands MyFolio Managed range

Now called abrdn MyFolio Core

Sorin Dojan
clock • 2 min read

Asset manager abrdn is cutting the ongoing charges (OCF) for its MyFolio Managed range, and will adopt a ‘go anywhere’ investment approach on the portfolios.

The changes to the OCF framework will take effect on 1 April 2025 and will impact the funds' institutional share class, which forms the primary class available on distribution platforms. The OCF for the abrdn MyFolio Managed I fund will decrease from 0.7% to 0.56%. abrdn to adopt 'Sustainability Focus' label for two equity funds Similarly, abrdn MyFolio Managed II fund will see its OCF drop from 0.69% to 0.59%, while for the abrdn MyFolio Managed III mandate, that will fall from 0.73% to 0.61%. In the case of both the abrdn MyFolio Managed IV and the abrdn MyFolio Managed V...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Aviva Investors launches LTAF focused on unlisted companies

Aviva Investors launches LTAF focused on unlisted companies

Fourth LTAF in its arsenal

Cristian Angeloni
clock 03 February 2025 • 2 min read
Square Mile's Martin Ward: Five UK fund picks five years on from Brexit

Square Mile's Martin Ward: Five UK fund picks five years on from Brexit

Almost indiscriminate selling of UK equities

Martin Ward
clock 31 January 2025 • 6 min read
Partners Group launches private credit LTAF

Partners Group launches private credit LTAF

25th LTAF on the market

Cristian Angeloni
clock 30 January 2025 • 1 min read
Trustpilot