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SLI To Increase Funds Fees

Standard Life Investments is seeking to raise the annual management charge on seven funds in its portfolio to retail investors.

Standard Life Investments (SLI) is seekingto raise the annual management charge on seven funds in its portfolio to retail investors, Financial Times reports.The funds affected by the fee hike include the Standard Life Investments Global Index Linked Bond, the Standard Life Investments U.K. Gilt and the Standard Life Investments Corporate Bond funds.

The Edinburgh-based provider is also raising fees for the Global Equity Unconstrained fund from 1.5% to 1.6%. SLI is also planning to raise the fees for Harry Nimmo’s U.K. Smaller Companies fund from 1.5% to 1.6%.

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