AJ Bell has announced the details of its new five-strong range of passive multi-asset funds, which are being launched following the acquisition of passive fund specialist Indexx Markets last year.
The suite of five funds will provide advisers with a wide range of client risk profiles: cautious, moderately cautious, balanced, moderately adventurous and adventurous. The ongoing charges figure (OCF) will be fixed and capped at 0.5%, with the firm waiving the platform charge for holding the funds until January 2019. AJ Bell plans launch of passives range following acquisition The funds will be managed by the firm's investment team including head of fund selection Ryan Hughes (pictured) and Leon Diamond, head of investments. The products will be available for a fixed price of ...
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