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

This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. 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. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.