Skandia adds Prism MM funds to platform

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Prism Capital Management(Prism) has launched three risk-rated multi-manager funds on Skandia Investment Solutions (SIS) as it looks to expand its offering to the adviser community.

IFDS Prism Cautious Growth, IFDS Prism Capital Growth and IFDS Prism Advanced are available on SIS with immediate effect. The growth fund aims to produce annual returns over the medium to long-term on average 2.5% higher than NS&I cash ISA rates after fund charges. Its capital growth fund is designed for less risk-averse investors and aims to generate annual returns on average 3.5% higher than NS&I cash ISA rates. IFDS Prism Advanced is aimed at investors targeting larger profits and will look to generate returns 4.5% higher than NS&I cash ISA rates. The three funds have attr...

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