Fry Group launches mixed Fofs

trio of funds will be available to other advisers and feature initial and renewal commission

Three mixed fund of funds (Fofs) have been launched by intermediary firm, the Fry Group, which are available to other advisers and feature both initial and renewal commission. All three vehicles, Growth, Income and Conservative have wide remits in terms of the asset classes in which they can invest and will seek out a range of funds including equity, bond and commodity vehicles. In addition, the managers can select hedge funds as well as cash and property portfolios. The portfolios are sub-funds of the Fry Group's Dynamic Portfolio, a Dublin-based Oeic, and the group has outsourced the a...