Aegon reduces AMC on Global Opportunities fund
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Aegon Asset Management has reduced the annual management charge (AMC) on its newly launched Global Opportunities fund from 1% to 0.3%.
The offer applies to initial foundation investors for two years and while the assets under management remain below €150m (£136m).
The Ucits III fund, which is managed by Olaf van den Heuvel, aims to provide investors with competitive absolute returns from a diversified global portfolio. It has a discretionary global macro strategy investing in derivative and non-derivative assets. (article continues below)
Global Opportunities is a Dublin-domiciled fund which officially launched at the end of December last year in Ireland.
The group has received approval to market the fund in Britain, Luxembourg and the Netherlands.
