A roadshow during May and June hosted by ABN AMRO Fund Managers promoting the ABN AMRO Premier Funds...
A roadshow during May and June hosted by ABN AMRO Fund Managers promoting the ABN AMRO Premier Funds Service was well received by IFAs around the country. Positive feedback from intermediaries who attended indicates that the Service is viewed as a valuable option for investors. Positive comments include: "Opportunity to spread investment across a broad spread of investments with pedigree track records", "Tidies up administration", "Useful where clients require a good spread of risk", "It places the fund selection and switching process into the hands of people with the ability to monitor funds and markets more closely than I can".
The ABN AMRO Premier Funds Service aims to reduce the frustration and complexities that sometimes arise when choosing investments. In addition, the Service provides investors with greater access to diversification, comparatively lower levels of risk and the experience and expertise of asset management professionals.
Investment reports including portfolio construction, valuations, strategy allocation, statement of income, cash investment/withdrawals, investment transactions, an economic and investment overview as well as a summary of the Investment Strategy are issued bi-annually. Consolidated tax certificates showing all income received and corresponding tax credit as well as a complete transaction record showing income flows and sales and purchases will also be sent out shortly after the end of each tax year to assist you with capital gains tax calculations. Other elements include phased investment options, regular withdrawals, partial withdrawals and various income options including those suitable for schools-fee payment and retirement finance. ISA and PEP investments are catered for within the Service and investors can amalgamate these in their portfolio.
The Service offers five Strategies: Balanced, Capital Growth, Conservative, International and Ethical. The structure of the ABN AMRO Premier Funds Service has been specifically designed to meet a wide variety of clients' financial needs, to potentially enhance their exposure whilst maintaining comparatively lower levels of risk. It can also reduce the amount of time and effort IFAs need to spend monitoring funds and researching the markets.
"With the Sandler Review pending I believe that they [multi-manager funds] ought to add more value, especially given the revolving door mentality of fund managers", says David Griffiths of Ault IFA Ltd. Frequent management changes, a growing universe of funds and increased legislation and regulatory requirements mean that more and more IFAs are seeing services such as the ABN AMRO Premier Funds Service as an essential part of their business. Call 0800 092 2090 or email [email protected] for more information or visit: .
Thanks to Ault IFA Ltd for comments. Issued by ABN AMRO Asset Management Limited which is regulated by the FSA.
Two global vehicles
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