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Hargreaves Lansdown has added an “ultra-low-cost” UK tracker fund to its Vantage platform.
Wrap platforms have defended Hargreaves Lansdown’s plans to charge a flat fee of up to £2 per month for tracker funds, saying the move is one of commercial necessity.
Hargreaves Lansdown plans to charge investors who hold certain tracker funds on its Vantage platform a flat fee of up to £2 per month, compared to the current annual rate of 0.5%.
Other tracker articles
The RDR finally gets some column inches in the mainstream media, while fund managers are becoming increasingly cautious in a particularly volatile bull market. It's IFAonline's round-up of the weekend's national newspapers...
David McCraw, manager of the Edinburgh UK and US Tracker trusts, explains why passive strategies work well for investment trusts.
Maria Merricks investigates the introduction of low-cost actively managed funds.
Troika Dialog asset management has unveiled an ETF tracking the RTS Standard index on the RTS exchange in Russia.
Santander has cut the rates on its 80% LTV mortgages by 0.74%.
NatWest Intermediary Solutions has introduced its first products since its launch last week.
Barclays has misled more investors into buying risky funds, recent evidence suggests.
Almost 1,000 new mortgage products hit the shelves in January - the biggest monthly increase in a year - according to sourcing firm Mortgage Brain.
Consumers are increasingly looking for alternative to tracker mortgages, due to expectations of rate rises this year, according to research from Abbey for Intermediaries (AfI).
Standard & Poor’s has awarded four HSBC Global Asset Management tracker funds an AAA rating, including the recently merged American Index portfolio.
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