kames ups charges on its high yield bond fund

Kames Capital is to increase the annual management charge on its High Yield Bond Fund.

kames ups charges on its high yield bond fund

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According to head of retail sales Steve Kenny, this move brings this fund “into line with the charging structures of our competitors and with similar funds within the Kames Capital range”. The change will take effect from 1 March, 2012.

He added: “We have made these changes after very careful consideration and following a review into the cost of the research and resources needed to run such a successful fund.”

The fund, launched in March 2002, is run by Phil Milburn and Melanie Mitchell.

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