Omnis unveils multi-asset protected fund

Omnis Investments, the joint venture between Openwork and fund manager Octopus, has launched a new multi-asset vehicle offering downside protection.

Launched in conjunction with J.P. Morgan Chase, the IFDS Omnis J.P. Morgan Protector 80 fund links to a broad portfolio of assets and aims to ensure its value does not fall below 80% of the highest ever share price. Managed by J.P. Morgan Mansart Investments, part of the global banking giant, the fund seeks to achieve its growth and protection objectives by gaining exposure to two components - through an index and cash. The index allocation is linked to the performance of the J.P. Morgan Efficient Frontier (GBP) index, which provides exposure to different asset classes such as equitie...