Aberdeen Standard to reduce fees on £12.5bn MyFolio fund range

New and existing investors will see the annual management charge (AMC) on the £12.5bn range reduced by between 0.150% and 0.325%, depending on the share class, as of 1 November. Furthermore, the MyFolio Managed and Multi-Manager funds will see a 0.175% reduction if investors purchased them through UK third party platforms. Aberdeen Standard Investments MyFolio investment specialist Iain McLeod (pictured) said: "We regularly review our funds in order to ensure we are always acting in the best interests of our investors. Armchair Critic: Could the new Aberdeen/Standardcombination off...