Allchurches puts its Oeic range on Transact

Allchurches Investment is putting its range of five Oeic subfunds onto Transacts platform in a bid to increase its customer reach.

The firms ethical Amity fund is among the five, as well as its higher income, UK equity growth, European growth and international growth funds. Allchurches is part of the Ecclesiastical insurance group and began selling financial products to the clergy. It is now distributing more widely and the tie-up with Transact aims to gain the interest of IFAs.

Allchurches head of business development Chris Clark says: Transact gives investors the choice of a large number of the UKs leading fund managers and we are delighted that our funds have been added to the list. Since joining the platform we have already seen interest from intermediaries.