New Model Adviser - For Professional Investors

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

AJ Bell launches six-strong active fund model portfolio range

AJ Bell launches six-strong active fund model portfolio range

AJ Bell has launched a six-strong range of managed portfolios investing in active funds, adding to its traditionally passive-based funds of funds.

The range will be available via the AJ Bell Investcentre platform, and will mirror the asset allocation of the company's existing service.

Kevin Doran, chief investment officer and managing director of AJ Bell Investments (pictured), said: ‘Our passive MPS is becoming increasingly popular with advisers.

‘Many of these advisers we work with have asked if we can add an active management option and so, thanks to our commitment to offer investors choice, we are delighted to be able to do that to meet this demand.

The new active range will contain six portfolios which are benchmarked against risk profiles 3 – 8 in Distribution Technology’s Dynamic Planner risk ratings.  

All the portfolios will have an annual management charge of 0.15% + VAT, in line with the recent price cut AJ Bell announced on its passive MPS.

The OCFs of the underlying funds at launch range from 0.39% for risk level 3 to 0.84% for risk level 8.  This gives a total cost for the portfolios ranging from 0.57% to 1.02%.

AJ Bell has indicated that although the vast majority of the funds the new MPS range invests in are active, it may occasionally invest in a passive fund if no attractive active options are available.


Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Comment & analysis