Seven Investment Management (7IM) has launched a range of five ultra-low cost, multi-asset passive model portfolios.
Called the 7IM Pathway range, this selection of model portfolios aims to offer advisers a simple way to create a well-diversified portfolio of passives for their clients for just 0.15% (plus underlying investments) per annum.
Managed by 7IM's experienced investment team, the Pathway range will utilise 7IM's robust strategic asset allocation framework and risk management process, combining different asset classes to optimise returns for each of the five levels of risk.
The range of model portfolios will be rebalanced quarterly, with the flexibility to change the asset allocation at any time to ensure they are still aligned with the overall strategic asset allocation.
Initially, the 7IM Pathway model portfolios will be available on six platforms - 7IM, Novia, Transact, Standard Life, Aviva and ARC (Aegon) - with other platforms to closely follow. They are also available as part of 7IM's award winning Retirement Income Service and Discretionary offering.
Verona Kenny, managing director of Intermediary, 7IM said: "The launch of the 7IM Pathway range sees us building on this reputation whilst responding to the changing market we work in to deliver a very competitively priced multi-asset passive solution.
"It means clients can have access to our investment expertise and rigorous risk management process in an extremely cost-effective format."