CAM launches discretionary portfolios on Skandia

IFAonline | 24 Jan 2012 | 10:40
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City Asset Management (CAM) has launched its unitised discretionary portfolio offering on the Skandia platform.

The Elite CAM discretionary portfolio OEIC, which is divided into two risk-rated sub funds mirroring CAM's bespoke cautious and balanced portfolios, provide a discretionary investment solution for clients holding onshore bonds and pensions.

With a minimum contribution of £1,000, the funds invest in a range of asset classes including cash, bonds, property, equities, commodities and alternatives.

"It is our strongly-held view that no one fund manager can cater for a client's needs throughout a complete economic cycle," said CAM head of research James Calder.

"Equally, different asset classes may perform differently under similar market conditions."

Annual management charge is 1.5%. The benchmark for the cautious fund is CPI plus 2% and, for the balanced fund, CPI plus 4% for the balanced fund.

The risk rated funds are also available on other platforms including Transact, Elevate, Novia, Ascentric and Sanlam.

Categories: Wrap/platforms|Managed solutions

Topics: alternative investments|cash|Transact|Ascentric Wrap|Skandia|Discretionary Portfolio Management|Bond|Novia|Commodities|Sanlam

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