Brooks Macdonald, a leading investment manager with £16.7 billion in funds under management, have announced significant reductions to the Annual Management Charges (AMC) on both the Cornelian Risk Managed Fund Range and the Cornelian Risk Managed Passive Range.
These changes, which take effect from 1 July, have no impact on the investment process or how the funds are managed.
In the Brooks Macdonald 2021 Financial Adviser survey, three-quarters of advisers stated competitive fees and charges were an important factor for them, demonstrating that value for money continues to be a key attribute when attempting to win and retain business.
The reductions to the Cornelian Risk Managed Fund ranges will enable advisers to offer fund ranges at the most competitive price at a time when, with inflation recently reaching its highest point in 30 years, clients need it the most.
Robin Eggar, Managing Director, Head of UK Investment Management said: “At Brooks Macdonald, we’re constantly working towards our ambition to deliver robust investment performance alongside outstanding service for our clients and intermediaries.
“We understand the importance of cost as a key consideration in the advice process and we are pleased to announce these reductions to the Cornelian Risk Managed Fund ranges.”