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PortfolioMetrix unveils seven-strong model portfolio range

PortfolioMetrix unveils seven-strong model portfolio range

PortfolioMetrix has launched a range of seven risk-rated model portfolios.

The portfolios will carry a charge of 35 basis points plus VAT, according to Nic Spicer (pictured), portfolio manager at PortfolioMetrix, which was named top London office in last month's Wealth Manager Regional Stars Awards

In addition to this charge, investors will also need to pay the fees of the underlying funds. Spicer stated that these charges will run from 45 basis points in the lowest risk portfolios to 87 basis points at the higher risk end.

Therefore the total cost of the model portfolios will range from 86 to 129 basis points.

The balanced portfolio in the suite aims to return consumer price index (CPI) plus 4.3% over a six-year rolling basis.

Called Select, the range is available on ten platforms in the UK: Aegon, Alliance Trust Savings, Fidelity FundsNetwork, Nucleus, Praemium, Seven Investment Management, Standard Life, Transact, Wealthtime and Zurich.

Dave Chessell, distribution director at PortfolioMetrix UK, said: ‘Advisers want to have confidence that the investment portfolios they recommend adhere to the risk budgets they’ve established with clients and are positioned to deliver on agreed financial goals.

‘When scrutinised, it’s clear that some model portfolios fail to match this expectation.

‘Our Select range gives advisers access to this approach, and gives them the option of a set of models that can deliver against their clients’ risk expectations.’


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