Liontrust Assessment of Value Report - Flipbook - Page 161
Quality of service
Economies of scale
In our assessment, we have considered the quality of
services received by investors. This has been assessed
through an evaluation of the services that Liontrust or
other companies on our behalf continue to provide,
despite dealing in the Fund being suspended. We have
communicated the suspension of dealing and waiving of
fees to our investors, and our website has been kept up
to date with relevant information. We have concluded
that the quality of services provided to our investors is in
line with expectations.
Our assessment has considered whether we are able to
generate efficiencies to achieve economies of scale and if
benefits have been passed onto our investors. In November
2022, the Fund benefited from a 0.01% reduction in the
Administration Fee. Overall, our investors had been able
to benefit from the savings created and an improvement in
service as a result of reinvestment in the business.
General costs of authorised fund manager
The Annual Management Charge (AMC) for the
Fund has been waived since 1 March 2022. In our
assessment, we have considered the costs incurred by
the Fund. Our assessment has concluded that the costs
of services provided to the Fund are appropriate..
Comparable market rates
Comparable services
There are no Comparable services provided for this
Fund.
Classes of shares or units
Our assessment has considered whether investors are
invested in the most appropriate share or unit class that
is available to them. Based on the information available
to us, our review concluded that it is appropriate for
investors in this Fund to be invested in the share class
they are currently invested in.
At the time of completing our pricing review for
Comparable market rates, the AMC and Administration
Fee had been waived and we could not meaningfully
assess the Fund’s charges against others in the same
peer group.
Liontrust Assessment of Value Report - 161