City Asset Management (CAM) has launched its unitised discretionary portfolio offering on the Skandia platform.
The Elite CAM discretionary portfolio OEIC, which is divided into two risk-rated sub funds mirroring CAM's bespoke cautious and balanced portfolios, provide a discretionary investment solution for clients holding onshore bonds and pensions.
With a minimum contribution of £1,000, the funds invest in a range of asset classes including cash, bonds, property, equities, commodities and alternatives.
"It is our strongly-held view that no one fund manager can cater for a client's needs throughout a complete economic cycle," said CAM head of research James Calder.
"Equally, different asset classes may perform differently under similar market conditions."
Annual management charge is 1.5%. The benchmark for the cautious fund is CPI plus 2% and, for the balanced fund, CPI plus 4% for the balanced fund.
The risk rated funds are also available on other platforms including Transact, Elevate, Novia, Ascentric and Sanlam.
Head of UK intermediary distribution
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