New risk rating for Investors Global Fixed Income Flex Portfolio
The company is also reducing management fees for investments under $100,000 for Series A and Series T if purchased under the front-end load option
Investors who hold certain funds in the Series A and T lineups will have their funds reclassified under the newly created Series B and fixed-rate distribution series
The firm is also reviewing its mutual fund lineup and aims to simplify the number of mutual fund series it offers in order to make it easier for advisors
Affluent investors to pay lower fees on six funds
Lower fees on Series F
New names for two funds
MERs now below 2% for all MD funds
Firm to pay operating expenses for funds
Wide-ranging fee reductions on 41 funds