Super clean share classes have got off to a rocky start. Henry Brennan asks if the move is a significant step forward or a case of super marketing
The long-awaited arrival of super clean share classes has, by most accounts, been slightly lacklustre. First came Standard Life. The provider had been poised to reveal the 15 fund groups it has secured discounted share classes with since it first made its super clean announcement back in July. Instead, when the reveal came it fell slightly short of original expectations, given that only five external fund groups were confirmed and no-one outside of the participants is really any the wiser as to what the specific discounts actually are. Investec was the one exception. The fund manager ...
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