The Association of Investment Companies (AIC) will replace Total Expense Ratios (TERs) on investment trusts with an "Ongoing Charges" figure from the end of May. The change, critics say, will only create further confusion for investors without improving transparency on fees.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis