PortfolioMetrix UK has announced it is reducing its fee by over 40% for registered charities using the discretionary investment manager’s services.

The firm celebrated its UK four-year anniversary in January 2017 and decided it wanted to do something to help support a broad range of charities across the UK. From 1 February 2017 charities registered in the UK will be charged a reduced rate of 0.2% pa (+VAT).

Mike Roberts, Managing Director at PortfolioMetrix UK comments: “Having carefully considered the best way to support positive change, we concluded offering our time and expertise, via a reduced fee, was the most efficient way to support the fantastic work charities do. It is our hope that better investment outcomes at a lower cost will allow charities to meet more of their charitable goals.”