Jupiter has launched the Merlin Select multi-manager range, which will invest at least 25% of assets into other Jupiter funds.
The key differentiator between the Select range and existing Merlin portfolios will be the higher exposure to funds managed by Jupiter. This allocation to in-house strategies is expected to be 40 to 70%, with the aim to bring additional coverage across the risk spectrum to the full Merlin range. The funds will also target an ongoing charges figure of less than 1%. Jupiter cuts investment in unlisted assets for open-ended funds This new range includes the Jupiter Merlin Conservative Select and Jupiter Merlin Income and Growth Select funds, which have been repositioned and rebran...
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