Evenlode Income fund scraps research costs

From January 2017, the firm removed all investment research costs from the trading commission paid by the fund. These costs are now paid directly by Evenlode, reducing the fund's overall charges for investors. Previously, some costs of external research fell outside of the fund's one periodic charge (which is the equivalent of an OCF) as the payment was 'bundled in' with the cost of trading.  However, the new arrangement means only the costs of executing trades and transaction taxes fall outside of the fund's one charge. MiFID II research unbundling to increase M&A pressure on s...