TD Waterhouse has renegotiated improved discounts on Initial Sales Charges (ISCs) for its customers on over 900 Unit Trusts and OEICs, and introduced a wider range of funds from a selection of UK providers.

In January, TD Waterhouse made a commitment to introduce a wider choice of funds and Fund Companies with better discounts to the benefit of its customers.

As part of this commitment ISCs have been reduced on hundreds of funds – including 429 funds now with a 0 per cent ISC, and a further 282 funds with a maximum ISC of only 0.25 per cent.

The new discounts will go towards helping customers maximise their investment returns because their capital is not being diluted by upfront fees or charges.

Angus Rigby, CEO, TD Waterhouse, says, ‘Investors in the UK are becoming increasingly sophisticated and are looking for a wider range of products and extra services to fit with their investment approach.

‘We aim to further increase the choice of funds throughout the year and will continue to adopt a competitive discount strategy to maximise returns for our investors.’

For more information, visit www.tdwaterhouse.co.uk