F&C Investments is planning to launch a fifth fund in Gary Potter and Rob Burdett's risk-targeted Lifestyle range.
The group plans to launch the F&C MM Lifestyle Foundation fund at the end of 2013, subject to regulatory approval.
Managed by Burdett and Potter, the fund will be the lowest-risk Lifestyle offering and will employ tactical asset allocation strategies within a pre-defined volatility band.
Asset allocation will correspond to plus or minus 5% in an individual asset class, with allocations reviewed once a quarter and regular rebalancing.
John Yule, head of UK retail at F&C, said the fund is a "stepping stone" for investors looking to move out of cash.
The F&C Lifestyle range is comprised of four other risk-targeted funds with combined assets of £435m. Assets are allocated between a mix of cash, fixed income, property and equity funds and securities.
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