Fund name changes and fee reductions

13th October 2016 – Jupiter and M&G are changing the names of two funds.

Jupiter High Income will become Jupiter Distribution and Growth on 1st November 2016 and M&G Extra Income will be renamed M&G UK Income Distribution on 16th December. The fees of the M&G fund will be cut at the same time, with the annual management charge falling from 0.75% to 0.6% and the ongoing charge (OCF) reducing from 0.91% to 0.76%.

The investment objective and process of both funds will remain the same.

Published on 13/10/2016