Co-operative Investments offers discount

The Co-operative Investments, the specialist fund management arm of CFS, which is part of the Co-operative Group, has discounted the initial charge on a range of unit trusts by 2%. Anyone investing £7,000 or more into a unit trust or ISA through a Co-operative Financial Adviser before 8 August will pay just 3% in up front fees, rather than the usual charge of 5%.

The Co-operative Investments is offering the reduction on a range of products with varying risk profiles. The funds include the Sustainable Leaders Trust, the UK Growth, UK Income with Growth Trust and European Trust.

Zack Hocking, Head of Investments at The Co-operative Investments, said, "The discount makes a difference because it means more of your investment is working for you straight away."

The Co-operative Investments uses a responsible investment process that integrates consideration of financial and ESG (environmental, social and governance) analysis. Fund performance over three years to 30 June 2008 is as follows:

• The Sustainable Leaders Trust has provided a return of 32.82%.
• The UK Growth Trust has provided a return of 25.18%.
• The UK Income with Growth Trust has provided a return of 22.64%.
• The European Growth Trust has provided a return of 22.95%.