Aviva Investors is set to launch two multi-asset funds for Justin Onuekwusi.
The Aviva Investors Multi-Asset funds I and III will expand the company's range to five products.
As part of this expansion, the group is renaming the fund range, moving away from descriptive labels to a numbering convention. The investment objectives and policies of the existing funds remain unchanged.
Onuekwusi already runs Aviva's three existing multi-asset funds, the £21m Adventurous Multi-Asset fund (now renamed V), the £31m Balanced Multi-Asset fund (renamed IV) and the £20m Cautious Multi-asset fund (renamed II).
The two fresh products are designed for defensive investors and moderately cautious investors respectively and will be officially launched on 6 February.
"With these two new funds, we can now offer advisers a truly comprehensive multi asset fund range which was designed for the post RDR world and which provides a simple solution for investors whatever their risk profile," said John Clougherty, chief executive.
"Our five funds are cost-effective and supported by clear and transparent reporting. They draw on the significant experience and expertise of Aviva Investors' multi-asset and investment teams, who manage over £70bn in multi-asset investments, and leverage the full benefits this scale can provide."
The two new funds will launch as UK OEICs with an annual management charge of 1.25% for the retail share class and 0.75% for the RDR share class.
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