Edinburgh Fund Managers is offering an open-ended globally themed fund of funds investing mainly in the US.
The Edinburgh global growth portfolio, available from November 13, will use a mix of global themed and geographic funds. It will invest in tech nology, corporate consolidation and demographic change.
Fifty per cent of assets will initially be invested in the US, 20 per cent in Europe, 12 per cent in the UK, 9 per cent in Japan and the remainder in the Pac ific and emerging markets.
The biggest holding in terms of sector will be consumer industries at 21 per cent. IT will have 20 per cent, financial 14 per cent and 10 per cent will be invested in health.
The fund will be managed by EFM's private-client team managing director Harry Morgan and senior portfolio manager Ken Wilson.
The fund is eligible for Isa investment. Minimum investment is £2,000. The initial charge is 3.25 per cent and the annual management charge is 1.5 per cent.
View more on these topicsArchive
Edinburgh Fund Managers introduce global growth portfolio
Edinburgh Fund Managers is launching the Global Growth Portfolio to complement its existing Classic Portfolio Service.The aim of the new portfolio is to achieve long-term capital growth by investing in different geographic and economic sectors.The initial asset allocation for the fund will be approximately 50 per cent invested in the USA 20 per cent in […]
Green light
Environmental and social out perform ance by companies is inc reasingly becoming a strong indicator of potential financial outperformance. Simply put, taking a res pon sible attitude to environmental management, emp lo yee development and local com munity involvement makes good business sense.As environmental problems become more severe and legislation, taxation and cus to mer […]
Investment view
By the time you read this, the outcome of the US presidential election should be known. This has been one of the closest run contests ever, so I will not embarrass myself by try ing to second-guess what will be in the public domain just a few days hence. Perhaps it is not surprising the […]
EMX asks fund firms for £2m
EMX, the electronic messaging exchange, is asking fund managers to stump up an extra £2m after running into severe financial difficulties.Since the launch in June, there has been a much slower take-up by fund managers than expected and minimal use by intermediaries. By mid-September, it had only processed just over 3,000 transactions.It is thought that […]
Two in three employers intend to use Fit for Work service
A recent survey of employers, carried out by Jelf Employee Benefits, suggests that many employers intend to utilise the new Fit for Work service in some form as an absence management tool.
Newsletter
News and expert analysis straight to your inbox
Sign up
Scott Gallacher: Why sales skills still matter
Sales skills in themselves are not a bad thing. It comes down to whether they are truly being used for the benefit of the client, not the adviser.
Parmenion tells advisers it’s ‘business as usual’ after Standard Life Aberdeen merger
The merged company owns three platforms: Parmenion, Standard Life Wrap and Elevate, but is promising to keep ring-fencing.
14
Peter Hamilton: Where does the duty to advise end?
A recent court case emphasises the importance of robust terms of business, clearly stating the scope of agreement with a client