Aberdeen launches RDR share class for multi-manager range

The group, which manages roughly £7bn in its multi-manager range, has launched an unbundled share class, clean of commission and a platform rebate, with an annual management charge of 0.5% which is available from today (1 October). The existing R share class on the multi-manager range has an AMC of 1.5%. Funds in the range include the Aberdeen Multi-Manager Balanced Managed fund, Aberdeen Multi-Manager Cautious Managed fund, Aberdeen Multi-Manager Ethical fund and the Aberdeen Multi-Manager Constellation fund, among others. The share class is in line with other multi-manager ranges, ...