Lowland investors to benefit from fee reduction

Lowland Investment Company yesterday announced a change in fee structure that will see investors pay less. From 1 July 2017, the annual management charge of 0.5% will be reduced to 0.4% on assets over £375m. If the performance fee is payable, the maximum fees payable will be capped at 0.75%, falling to 0.65% on assets over £375m.

Having consistently grown its dividend for 49 of the past 50 years, the board announced its intention to pay this year a total dividend of 49p, 8.9% higher than last year.

The managers explore UK companies of all sizes to identify undervalued stocks and those out of favour. The trust has outperformed both its benchmark and the IT UK Equity Income sector over the past five years, by 20.12%* and 11.83%* respectively.

*Source: FE Analytics, total returns in sterling from 1 June 2012 to 1 June 2017

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.