CS unveils its MAD portfolio

Credit Suisse offers its latest multi-manager product at no initial charge until 31 December

Credit Suisse's Multi-Manager Multi Asset Distribution fund, which launched today, will carry no initial charge for a limited time. The vehicle, created from the Global Bond fund, will also be available through Cofunds, Skandia and Fidelity FundsNetwork. Aidan Kearney, co-head of the multi-manager range alongside Graham Duce, said the fund can move weightings between a range of different asset classes. At launch, the allocation is 21% UK equity income, 12% overseas equities, 16% protected equity, 28% fixed interest, 12 % property, 5% split between listed hedge funds and thematic plays, a...