Caerus Portfolio Management has launched its first risk-rated investment funds, which are available on Ascentric, Novia and Transact.
Aimed at a broad range of investors as a core holding in their portfolios, the four Dynamically Rebalanced Portfolio (DRP) funds are spread across a traditional risk profile matrix.
They will be invested across a broad range of asset classes, geographies and ETF providers and will be rebalanced to ensure they deliver on their mandates.
Each fund will carry an annual management charge of 0.25% for the retail share class and will be managed by Evercore Pan-Asset, with IFDS Managers Limited appointed to act as authorised corporate director.
Keith Carby, chief executive of Caerus Capital Group, says: "Our intention when setting up Caerus was to combine fund management with advice for the benefit of both advisers and their clients.
"These DRP funds are the first example of just how much can be achieved for both adviser and consumer via this strategy. We believe these funds are an excellent product at an unbeatable price.
"No-one is closer to consumers than advisers and by putting advice and fund management under the same control, we can ensure such a detailed understanding of the market leads to a better outcome for customers, at lower cost."
Set up by former Openwork CEO Carby, Caerus has both restricted and independent advice divisions and has already attracted over 200 advisers.
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