Close Investments reduces initial charge on Escalator range

Close Investments (UK) Limited, announces the reduction of the initial charge on their Close Escalator Fund range to 3% across all four funds.

This brings the three 95% protected funds in line with the 100% capital protected Close Escalator 100 Fund.

Roland Kitson, Sales & Marketing Director, Close Investments, comments; "Recent market volatility has led advisers to seek ‘safe havens' for their clients investments. The Close Escalator Funds are lower risk investments suitable for savers tempted by the returns they can achieve from stockmarket investments, but who are unwilling to risk an unspecified amount in the event of a fall."