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Cofunds launches Tactica multi-asset funds

Tactica Fund Management is launching its three multi-asset funds on Cofunds.

Tactica currently offers cautious, balanced and growth funds, which each have a diversified range across asset classes such as global equities, fixed income, cash, commodities, property and hedge funds.

Individual investors can use the funds for their Isas through Cofunds, whereas ordinarily Tactica would set a minimum investment level of £25,000, but through an Isa on Cofunds this is just £2,000.

The funds are also available to use in Sipps on the platform.

Tactica chief executive John Ions says: “As we have become better known among investment-oriented intermediaries, they have started to press us to make our funds available through Cofunds.

“This provides us with a highly effective and cost-efficient route to servicing a wider range of firms.”

Cofunds director of fund manager relations Russell Lancaster says: “We are delighted to be offering yet another new asset manager to our clients. John Ions and his colleagues are well known to the IFA market and the design of their fund range and the reputation of Goldman Sachs is proving a very interesting offering.”

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