Initial discount on CS multi-manager launch

Available on most platforms, including Cofunds, Skandia and Fidelity's FundsNetwork, the product gives advisers the option to take full commission or offer a combination of discount and commission. Credit Suisse multi-manager team co-head Graham Duce says the fund provides strong diversification across asset classes. “What’s important is that every component within the portfolio will have to pay a dividend, so it’s very much a yield driven offering,” he says. “That said, we’re also very risk aware in how we construct the portfolio.” Co-head Aidan Kearney says the discount promotion ...