Scottish Widows is launching four multi-manager portfolios managed by corporate investment consultan...
Scottish Widows is launching four multi-manager portfolios managed by corporate investment consultants Frank Russell Company next week, in a deal which gives the retail investor access to over 60 different investment managers.
Each of the four "best of breed" multi-manager funds presents investors with a globally diversified portfolio and for the first time ever allows private investors access to knowledge and expertise only usually witnessed by institutional investors.
Funds can be invested in virtually any Scottish Widows life wrapper, pension fund, unit trust or Isa as all funds are merely being packaged to suit the client.
Each portfolio has a varied equity/bond mix to reflect the different risk tolerance levels and investment objectives of clients with the intention of delivering consistent above median performance.
|Scottish Widows Opportunities Portfolio||Scottish Widows Progressive Portfolio||Scottish Widows Balanced Portfolio||Scottish Widows Cautious Portfolio|
|Target investment split||10% Global Bonds|
|25% Global Bonds|
|50% Global Bonds|
|85% Global Bonds|
|36% UK Equities||30% UK Equities||20% UK Equities||6% UK Equities|
|54% Non-UK Equities||45% Non-UK Equities||30% Non-UK Equities||9% Non-UK Equities|
Minimum investment is £20 per month or single premiums of £600, however, Scottish Widows officials say stakeholder policies will not be given access to the portfolios, despite the low regular premiums.
Total annual fund charges start from 1.35% per annum on life products, 1.475% per annum for pensions products and from 1.5% per annum on unit trusts and ISAs.
For more information, call the Scottish Widows broker sales line on 0845 843 2888.
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