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Invesco Income Growth fee cut

Invesco Income Growth fee cut

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Invesco Income Growth’s Board has negotiated a change to the management fee. With effect from 1 April 2015, the fee will be 0.65% on the first £150m of market capitalisation and 0.55% above this level.

The fee was 0.7% up to £100m, 0.6% on the next £50m and 0.55% on the next £50m and was based on funds under management rather than market capitalisation.

IVI : Invesco Income Growth fee cut

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