Schroder Investment Solutions reduces fees for multi-asset active funds
Schroder Investment Solutions reduces fees for multi-asset active funds
Schroder Investment Solutions (SIS), the market-leading provider of model portfolios and multi-asset funds, today announces a significant fee cut for its low cost multi-asset active fund range, from 29bps to (a maximum cap of) 22bps.
The funds are also being renamed Global Multi-Asset portfolios, having previously been known as the Tactical Portfolios. This will provide clients with better clarity of their respective investment strategies.
In addition to the change of name, further clarity to describe the level of risk of each of the portfolios has been added to the name of each fund, which should deliver greater support to clients when aligning the fund to the required outcome. This range of portfolios consists of five multi-asset active funds which offer different combinations of investment risk and return.
They are as follows:
Current Fund Name Fund Name from the Effective Date
- Schroder Tactical Portfolio 7 Schroder Global Multi-Asset Adventurous Portfolio
- Schroder Tactical Portfolio 6 Schroder Global Multi-Asset Growth Portfolio
- Schroder Tactical Portfolio 5 Schroder Global Multi-Asset Balanced Portfolio
- Schroder Tactical Portfolio 4 Schroder Global Multi-Asset Moderately Cautious Portfolio
- Schroder Tactical Portfolio 3 Schroder Global Multi-Asset Cautious Portfolio
The funds are available on more than 10 of the major advised platforms.
They are managed by the Schroders multi-asset team under the leadership of Johanna Kyrklund (Group Chief Investment Officer). This team has over 120 investment professionals globally and manage over £160 billion (as at 31st December 2022).
Gillian Hepburn, Head of UK Intermediary Solutions, commented on the announcement:
“Schroders’ UK Financial Adviser Survey continues to highlight the growing appetite among advisers for outsourced investment solutions and, in particular, multi-asset funds. We are therefore delighted to be relaunching our low cost, actively managed multi-asset range of funds.
”Our survey has also indicated that, when selecting multi-asset funds, performance and cost are the two key considerations; these funds boast a robust performance track record and now have an even more competitive price point.
“We believe that advisers require a range of investment solutions within their Centralised Investment Proposition and these funds sit alongside our full range of model portfolios (Active, Strategic Index and Sustainable) and the Blended funds which combine active and passive investing.
“Furthermore, advisers will also benefit from the strong service proposition delivered by SIS. This comprises digital factsheets, quarterly reports, webinars and face to face support from our regional teams in addition to thought leadership content, access to events and training programs.”