Pella Funds Management has launched its Class C unit class for the Pella Global Generations Fund, providing investors with access to Pella’s global equities strategy under a simplified fee structure with no performance fee

Class C units offer a transparent management fee of 0.85% per annum, with no performance fee payable, giving investors a predictable cost.

Joy Yacoub, Head of Distribution, commented, “It’s great to be part of a business that listens to and accommodates our clients’ needs. We recognised demand for a base-fee-only unit class, and we acted quickly to deliver a simple, transparent solution for investors.”