Credit Suisse today launches its Multi-Manager Multi Asset Distribution fund, offering a full initial charge discount.
Available on most platforms, including Cofunds, Skandia and Fidelity's FundsNetwork, the product gives advisers the option to take full commission or offer a combination of discount and commission.
Credit Suisse multi-manager team co-head Graham Duce says the fund provides strong diversification across asset classes.
“What’s important is that every component within the portfolio will have to pay a dividend, so it’s very much a yield driven offering,” he says.
“That said, we’re also very risk aware in how we construct the portfolio.”
Co-head Aidan Kearney says the discount promotion displays Credit Suisse’s commitment to IFAs and investors.
“Our offer also allows intermediaries to take control of charges and pass on the benefits to their clients for all investments to the end of the year,” he says.
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From June 2019
11 years since launch of three Chartered titles
Hired 200 extra operational staff
Slow progress in improving diversity
Share purchase deal with assets of £28m