The two multi-asset funds set up following a partnership between Guinness Asset Management and Brewin Dolphin have been added to RL360’s guided architecture fund range.
They are accessible through the Regular Savings Plan, Quantum, Oracle, Paragon and LifePlan products.
Passive with a touch of active
The Guinness Multi Asset Balanced Fund and the Guinness Multi Asset Growth Fund are based on Brewin’s Passive Plus MPS.
They predominately use lower-cost index funds to gain market exposure.
But the discretionary fund manager believes that some sectors cannot be replicated by passive investments; namely absolute return, smaller companies and income-producing firms.
“Adding actively managed funds to the mix provides diversification and has the potential to enhance long-term performance, compared to indices,” Brewin said.
Multi-asset demand
Robin Beer, managing director of investment solutions and distribution at Brewin Dolphin, added: “This is the first time we have offered our intellectual capital to a fund manager under the ‘powered by Brewin Dolphin’ branding.
“The funds are designed to act as a core holding, alongside complementary satellite holdings in specific single strategy funds.”
