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0.25% Annual charge for first four Caerus funds

Caerus has launched its first four low-cost retail investment funds under its portfolio management arm.

The passive portfolio dynamically rebalanced portfolio funds will have a 0.25 per cent annual charge and will look to access asset classes primarily through ETFs. The four funds will be managed by Evercore Pan Asset.

Caerus chief executive Keith Carby says: “Our intention was to combine fund management with advice for the benefit of advisers and clients. These dynamically rebalanced portfolio funds are the first example of how much can be achieved for advisers and consumers via this strategy.”

Caerus Portfolio Management plans to launch 10 investment funds by May as it looks to target mid-market investors.

Allium Capital is the appoin- ted investment consultant to Caerus Portfolio Management.

Managing director Ronan Kearney says: “We believe asset allocation has the biggest impact on returns rather than ind- ividual stock picks and that a larger focus on reducing costs is what investors need. The DRP range will form the core holding within a portfolio, allowing for steady, risk managed growth at the keenest possible price.”

AWD Chase de Vere head of communications Patrick Connolly says: “We are going to see much greater use of passive investments, including ETFs, in the run-up to and after the RDR. Any actively managed funds will have to clearly demonstrate they can outperform.”


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A decade and a half or so in this business and I have only just discovered I am a financial acronym. Last night, for reasons best left unexplored, I typed “Marr” into Wikipedia and, well, did you know it stands for “minimal acceptable rate of return”? As I say, I did not, although it seems […]


10 policies for UK economic growth

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Guide: how to change your auto-enrolment support

As we approach the two-year milestone of auto-enrolment, employers have had the opportunity to truly assess the capabilities of their chosen support. They are also now realising that getting to the staging date was the easy part, and that support is required for almost every aspect of the day to day running of their scheme. With the three-year re-enrolment window coinciding for many with the total removal of commission and Active Member Discounts from pension-related products and services, as well as the introduction of the pension charge cap in April 2015, many employers will have no choice but to review their support options. But, what is involved in transitioning your auto-enrolment scheme away from your current support options? This guide from Johnson Fleming aims to outline some of these key areas and provide information and discussion points on what you need to consider.


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