Schroder Investment Management
is pushing through with its proposed fee hike for two of its funds. Shareholders of the Schroder U.S. Opportunities Fund
and Schroder International Alpha
have given their approval to a new fee agreement, which increases the management fees from 0.73 percent to 1.00 percent,
The amended agreement, which also removes fee breakpoints, will place the funds' expense ratios well above their category medians, Morningstar said.
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