New Model Adviser - For professional financial planners

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

AJ Bell launches passive global growth fund

AJ Bell has launched a passive global growth fund as it expands the level of inhouse investment products it offers

AJ Bell launches passive global growth fund

AJ Bell has launched a passive global growth fund as it expands the level of inhouse investment products it offers. 

The fund will have a focus on emerging markets and technology.

‘Our exposure to the top EM countries, known as the EM7, (Brazil, China, India, Indonesia, Mexico, Russia and Turkey) and innovative technology companies is higher than similar multi-asset funds on the market,’ said Kevin Doran (pictured), managing director of AJ Bell Investments.

Ongoing charges (OCF) will be capped at 0.5% a year. This differs from other multi-asset funds where the OCF varies depended on holdings.

The firm has waived its platform charge for passive funds until January 2019.

Doran added: ‘As globalisation continues its march forward, it’s no surprise that investors are thinking more globally and seeking ways to access the potential growth of global markets.

‘The fund will be a popular option for clients looking to build that long-term nest egg, be it for their own retirement or for children or grandchildren, who can tolerate a higher level of risk.’

Share this story

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
More Content

BUSINESS

Niche IFA delivers for local postie with football team sponsorship

Niche IFA delivers for local postie with football team sponsorship

Postmen usually knock on doors to deliver letters, not make requests. But when Newport-based Niche IFA’s Royal Mail regular came looking for support for his football club, he did not leave empty handed.

ADVICE

7 Comments Gov’t to move forward with creation of collective pensions

Gov’t to move forward with creation of collective pensions

The government will shortly consult on reforms to the private pension system to allow for collective defined contribution schemes to be introduced, it was announced today.

twitter_banner

INVESTMENT