Evercore Pan-Asset launches Oeics on Ascentric
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Evercore Pan-Asset has launched its two Oeic funds on the Ascentric wrap.
The two funds, PanDynamic growth and PanDynamic balanced, will run exclusively as model portfolios on Ascentric and will invest in selected ETFs.
The PanDynamic funds aim to keep the overall cost of investing at 0.6 per cent per annum for institutional and charity investors, though the overall cost for retail investors may be higher.
They will mirror the investment approach of the PanDynamic model portfolios and use Evercore Pan-Asset’s asset allocation process.
Evercore Pan-Asset chief executive Christopher Aldous says: “We’re delighted that the new funds are available on Ascentric from launch. The platform’s low costs coupled with the funds’ low TERs should provide a compelling solution for IFAs and their clients.”
Ascentric sales and marketing director Richard Goodall says: “The model portfolio version of their funds has proven to be extremely popular and their availability now as Oeics should broaden their appeal still further.”
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