Change to the Aegon M&G Corporate Bond (BLK) fund
On 7 January 2020, the annual management charge (AMC) for the Aegon M&G Corporate Bond (BLK) fund reduced by 0.06% across the following share classes available via the Aegon TargetPlan fund range:
- Class l8
- Class l9
- Class l10
- Class l11
- Class P
- Class l7
- Class UU
- Class l4 (the AMC for this share class was updated on 21 January 2020)
Why has the AMC reduced?
The underlying fund manager, M&G Securities Limited (M&G), has changed the way it charges for the management of its funds. As a result, the charges for the above share classes of the Aegon M&G Corporate Bond (BLK) fund have reduced.
Nothing else about the funds has changed as a result of this. The aims and objectives, fund manager and risk Aegon TargetPlan risk ratings remain the same.
For more information on the fund, you can view the relevant fund factsheet via the ‘Fund prices and performance’ page on our website and select ‘TargetPlan funds’.
What investors need to do
Existing investors don’t need to do anything. Please speak to a financial adviser if you’re unsure about what these changes means for you. You can find one in your area at moneyadviceservice.org.uk/en