Sarasin & Partners has slashed charges on its multi-asset fund and renamed the product as part of restructuring of its fund range.
As part of the move, the firm has renamed Mark Whitehead’s underperforming £137 million Sarasin GlobalSar Cautious fund as GlobalSar Strategic as well as cut the fund’s performance fee-charging share classes and the AMC across all continuing unit classes, according to Investment Week.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The AMCs of the fund’s existing sterling share classes including A, F, I, and P have been lowered by 25bps, to 1.5%, 1%, 0.85% and 0.75% respectively.
Additionally, Sarasin has also renamed its £430 million International Equity Income and £195 million Global Equity Income (Sterling Hedged) offerings as Global Higher Dividend and Global Higher Dividend (Sterling Hedged) respectively. Both the funds are also run by Whitehead.
Meantime, Sarasin has also cut the income requirement from the investment objective of the offshore versions of its EquiSar Global Thematic strategy.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
