If you have any questions or would like to get in touch, submit a call back request and our team will contact you as soon as possible or call us on 020 7499 6424 or email us at [email protected]
29 June 2022 -
News
Brooks Macdonald announces reduction to the annual management charges for its Cornelian Risk Managed Fund Ranges
Brooks Macdonald has 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 to Cornelian Risk Managed Funds, 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.
| SVS Cornelian Risk Managed Fund Range – D (Clean) Share Class | |||||
|---|---|---|---|---|---|
| Fund Name | Dynamic Planner Risk Level* | Current AMC | Planned AMC from 1 July 2022 | Current OCF** | Expected OCF from 1 July 2022 |
| SVS Cornelian Defensive | 3 | 0.75% | 0.50% | 1.27% | 1.02% |
| SVS Cornelian Cautious | 4 | 0.75% | 0.50% | 1.23% | 0.98% |
| SVS Cornelian Managed Growth | 5 | 0.75% | 0.50% | 1.22% | 0.97% |
| SVS Cornelian Managed Income | 5 | 0.75% | 0.50% | 1.32% | 1.07% |
| SVS Cornelian Growth | 6 | 0.75% | 0.50% | 1.18% | 0.93% |
| SVS Cornelian Progressive | 7 | 0.75% | 0.50% | 1.21% | 0.96% |
| SVS Cornelian Risk Managed Passive Range - G (Clean) Share Class | |||||
|---|---|---|---|---|---|
| Fund Name | Dynamic Planner Risk Level* | Current AMC | Planned AMC from 1 July 2022 | Current OCF** | Expected OCF from 1 July 2022 |
| SVS Cornelian Defensive | 3 | 0.30% | 0.20% | 0.62% | 0.52% |
| SVS Cornelian Cautious | 4 | 0.30% | 0.20% | 0.57% | 0.47% |
| SVS Cornelian Managed Growth | 5 | 0.30% | 0.20% | 0.55% | 0.45% |
| SVS Cornelian Growth | 6 | 0.30% | 0.20% | 0.55% | 0.43% |
| SVS Cornelian Progressive | 7 | 0.30% | 0.20% | 0.55% | 0.45% |
* Risk ratings for Dynamic Planner as at 31 March 2022
** See Important Information overleaf for details of changes to the Ongoing Charges calculation. Based on the latest audited Ongoing charges as at 15 April 2022.
Enquiries to:
Brad Ryan
[email protected]
Direct: 020 7659 5837 Mobile: 07563 764 953
Request an initial consultation
Request an initial consultation
If you have any questions or would like to get in touch, submit a call back request and our team will reach out.
Get in touch
Get in touch
or call us on: 020 7499 6424
or email us at: [email protected]
