These clean-fee shares exclude both the adviser commission and platform fees and charges for them range from 0.75% to 1.20% for equity funds and 0.50% to 0.65% for bond funds.
Wells Fargo said there is no initial sales charge on the Class Z shares, which were launched in Luxembourg on 31 October.
They are expected to become available to UK investors in November.
Andrew Owen, executive vice president, Wells Fargo Asset Management, said: “We are very familiar with working within highly regulated markets that aim to protect investors, so it’s a part of our business culture to remain flexible and cooperative to meet the ever-changing demands of local markets.”
The Class Z shares will be available in both USD and GBP denominations for the following 11 sub-funds:
- China Equity Fund
- Emerging Markets Equity II Fund
- Emerging Markets Income and Growth Fund
- Global Equity Fund
- Global Opportunity Bond Fund
- Precious Metals Fund
- U.S. All Cap Growth Fund
- U.S. High Yield Bond Fund
- U.S. Large Cap Growth Fund
- U.S. Premier Growth Fund
- U.S. Short-Term High Yield Bond Fund
