Financial services mutual Wesleyan has launched two new with profits funds designed to increase access to the benefits of smoothed investments for advisers and their clients.
The With Profits Cautious Fund and With Profits Adventurous Fund are designed to help advisers meet a broader range of client objectives. They sit alongside Wesleyan's flagship With Profits Growth Fund, the mutual explained, and use smoothing to adjust returns over time and reduce the impact of day-to-day market volatility. The expanded range gives advisers three options with different risk profiles when incorporating smoothed funds into diversified portfolios. The Cautious Fund is aimed at clients with a lower appetite for risk, while the Adventurous Fund is for those seeking greater...
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