View the article online at http://citywire.co.uk/money/article/a599036
Jupiter plans cautious fund for Merlin team
Jupiter Asset Management's fund picking Merlin team is launching its first new fund in a decade.
The Jupiter Merlin team is launching its first new fund in a decade.
The team, led by chief investment officer John Chatfeild-Roberts (pictured), currently manage £7 billion of investors' money through a range of four Jupiter Merlin funds. These are called fund of funds because they invest in other funds to deliver different outcomes to investors. The existing funds are: growth, balanced, income and worldwide. The Jupiter Merlin Income Portfolio is a recommendation of Citywire Selection.
The firm now plans to add a lower risk, cautious fund to the lineup. The Jupiter Merlin Cautious Portfolio will invest more in bonds and fixed income stocks than the other funds and will fall under the Investment Management Association’s Investment 0-35% Shares sector.
The launch, once approved by the Financial Services Authority, will mark the first new fund for the team since the balanced portfolio was formed in 2002.
News sponsored by:
The Citywire guide to investment trusts
In association with Aberdeen Asset Management
What can SLI bring to the table for those who want to put their money into investment trusts?
More about this:
Look up the funds
- Jupiter Merlin Growth Portfolio Acc
- Jupiter Merlin Balanced Portfolio Acc
- Jupiter Merlin Income Portfolio Acc
Look up the fund managers
More from us
Tools from Citywire Money
From the Forums+ Start a new discussion
Weekly email from The Lolly
Get simple, easy ways to make more from your money. Just enter your email address below
An error occured while subscribing your email. Please try again later.
Thank you for registering for your weekly newsletter from The Lolly.
Keep an eye out for us in your inbox, and please add firstname.lastname@example.org to your safe senders list so we don't get junked.
by Daniel Grote on Sep 03, 2015 at 14:09