UK-based Dalton Strategic Partnership has slashed the annual management charge (AMC) on its Melchior Global Equity fund for retail and institutional investors from 0.75% to 0.25%.

The group has also reduced the minimum investment from £250,000 to just £1,000.

Additionally, the total expense ratio will be capped at 40bps, with the view to reduce this gradually to 30bps or lower as the fund grows.

According to FE Analytics, the fund has produced top quartile returns in the six-month, one- and three-year periods to January 3.

Richard Jones, partner at Dalton, said the move had been made to make the fund completely accessible to the retail market.

"Working back from the cost of manufacture upwards, we feel we have got very substantial capacity which means we are not capacity constrained like we are on some of our other funds," he said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.