Eight funds were red flagged on this metric, but only two are having their OCF’s capped in a bid to resolve the issue on a fund-by-fund basis.
The CT North American Equity fund currently has an OCF of 0.9%, according to its latest factsheet, but this will now be capped at 0.86%.
The CT Select European Equity has an 0.82% OCT presently and will be capped at 0.91%.
Columbia Threadneedle overhauls UK retail multi-manager team as Burdett exits
Both changes will become effective from 1 December 2024.
Elsewhere in the report, the firm pledged to clarify the objectives of the CT Sus…
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