A tiered pricing structure has been introduced across a raft of funds’ fixed annual charges, according to a series of shareholder letters sent to relevant clients.
The Jupiter Merlin Income and Growth Select fund, Jupiter Monthly Alternative Income fund, Jupiter Unit Trust Managers UCITS funds, Merlin Portfolios and Jupiter Investment Management Series I and Series II funds will all see a discount mechanism applied to their fixed annual charges.
Watts and Williamson depart Jupiter to focus on Chrysalis
This payment is the overall annual fee paid by the funds to the manager, and cov…