UBS Asset Management has reduced indirect costs and management fees across its UBS Tactical Beta Funds range to help improve the investment experience for clients.
Management fees across the fund range – balanced, conservative, and growth – has been reduced to 0.29% from 0.35%.
Indirect costs are now non-existent at 0% reduced from 0.15%.
UBS Asset Management head for Australia and New Zealand, Bryce Doherty, said: “UBS Asset Management is pleased to announce a major reduction in fees across the UBS Tactical Beta Funds range”.
“We are always looking for ways to improve the investment experience for our clients and this is clearly a great outcome for those looking at a cost effective way to invest in a professionally managed diversified portfolio,” he said.
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