The asset supervisor will shut Platform 1, Platform P Fastened, and Class M share lessons, changing holders to the institutional share class, applied throughout 4 tranches in November this yr.
This variation will present buyers with a decrease or comparable ongoing cost determine, abrdn stated, because the institutional share class doesn’t incur a platform dealing cost.
abrdn reduces platform charges and simplifies charging construction
Anybody nonetheless invested within the platform share class on the closure date can have their funding routinely switched to the institutional share class withou…
