Investec Asset Management has redomiciled its £135.4 million Short Dated Bond fund in the UK.

The fund, which is co-managed by Russell Silberston and Michael Sullivan, was previously domiciled in Ireland.

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The fund has now been brought within Investec’s UK-based Oeic range.

The UK-domiciled fund has retail share class with a £1,000 minimum investment and an annual management charge of 0.5%.

A spokeswoman for Investec said: "We regularly review our range of funds in order to ensure that we are providing the best solutions and efficiency of service possible to our clients.

"As a result, due to economies of scale the Short Dated Bond Fund was moved to come under the umbrella of our UK-domiciled Oeic range," he added.

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