FCMB Asset Management Limited, a subsidiary of FCMB Group Plc, has announced that it has received the necessary approval from the Securities and Exchange Commission (SEC) to implement changes to its mutual funds. This approval encompasses the execution of supplemental Trust Deeds, which will facilitate the rebranding of its Legacy mutual funds. Additionally, the approved changes include a reduction in the fees associated with these funds, aimed at enhancing their appeal to investors.
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