TCF Investment launches Total Clarity funds for retail

The four new portfolios are the Total Clarity Defensive, Total Clarity Cautious Growth, Total Clarity Diversified Balanced and Total Clarity Diversified Long Term Growth. Each product is designed with different risk levels, ranging from 20% in equities for defensive investors, to 80% for investors looking for long term growth. TCF Investment argues that active fund management is generally poor value and that many active managers hide the true cost of investing. The company says that ETFs provide a low cost way of building diversified portfolios when active fund managers too often ent...