Castlestone launches fettered fund of funds

Castlestone is to launch a fettered, multi-asset fund of funds targeting retail investors. The Int...

Castlestone is to launch a fettered, multi-asset fund of funds targeting retail investors. The Intelligent Portfolio will invest in Castlestone’s range of products providing exposure to fixed income, money market, equities, property and alternative assets such as commodities. The firm said the fund will bring the same flexible investment across different asset classes in a single product, similar to the Porcupine Global Macro Plus fund which was launched to the institutional market in 2002. It launches on 30 June and minimum investment is either $10,000, £10,000 or €10,000.