FundsNetwork has extended its managed solutions offering with the launch of a risk-profiling service for its multi asset range.
The Navigator service, underpinned by Fidelity's range of tactically-managed Multi Asset Allocator funds, uses a straightforward risk-profiling tool to identify a client's attitude to risk before recommending a suitable fund.
It is designed to help IFAs offer an end-to-end investment service for clients as well as helping them segment their client base.
As part of the service, advisers are kept informed of the fund's progress through regular updates from Fidelity's Trevor Greetham.They are also provided with quarterly reports which can be sent to clients or used in discussions to track progress.
"The Navigator service is a straightforward solution allowing advisers to cater for clients whose investment goals are best suited to managed funds," said head of FundsNetwork David White (pictured).
"However, our now complete suite of investment solutions will suit a full range of clients and many different IFA business models, giving advisers a means of servicing their entire client base."
The Multi Asset Allocator funds - which come in trail commission and commission free share classes - use underlying index-tracking investments to keeps costs down and tactical asset allocation processes to manage risk and return in changing market conditions.
Following 2016 thematic review
December 2018 or early 2019
Feasibility study due
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