Evercore Pan-Asset has launched two new risk-profiled funds after receiving FSA approval.
The PanDYNAMIC Defensive and Aggressive funds are based on Evercore's asset allocation process using index-tracking ETFs. They sit alongside the group's existing Balanced and Growth Oeic portfolios. Portfolio construction of the Defensive fund will typically comprise 90% in defensive fixed income assets and 10% in risk assets such as equities and property funds. Meanwhile, the Aggressive fund will normally invest 100% in risk assets. The minimum investment for both funds is £1,000. Evercore Pan-Asset CEO Christopher Aldous says: "The first two PanDYNAMIC Oeics launched earli...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
