MAM Funds is launching a new non-trail share class across its fund range in preparation for the retail distribution review (RDR).
The new range will launch in mid-March and will see a 1% non-trail ‘N’ share class introduced for the group’s range of Ucits funds.
The new share class will be available on all platforms post-RDR, as well as directly. The existing retail share class will continue for legacy business. (article continues below)
Neil Bridge, the head of business development at MAM Funds, says: “These are important changes as we prepare for the introduction of the RDR, and provide investors and distributors with new options to access our funds post-RDR implementation.”