Sanlam UK has launched a new multi-asset fund designed to provide clients with a greater choice of strategies across the risk spectrum.
Adding to Sanlam’s four existing risk-rated multi-asset funds, the IFSL Sanlam Conservative Fund will offer the lowest risk rating (two) and come under the management of Phillip Smeaton, Sanlam’s Chief Investment Officer.
It will invest directly in asset classes including equities, fixed income and real estate using the same philosophy and process as Sanlam’s discretionary portfolios with a capped ongoing charge of 0.79%.
Phillip Smeaton, Chief Investment Officer, Sanlam, says: “Amid the ongoing uncertainty around the world, clients are in need of a range of strategies that suit their differing, and often shifting, attitudes to risk. The launch of the ‘Conservative’ multi-asset fund will ensure that Sanlam continues to offer a range of well-researched funds, suitable for a range of risk appetites, at an affordable price.”
The IFSL Sanlam ‘Defensive’ Fund launched in October 2019; ‘Cautious’ and ‘Balanced’ launched in February 2019; and ‘Growth’ launched in March 2019.