Global asset manager MitonOptimal has launched a Dublin-domiciled discretionary fund manager (DFM) range.
The new funds will offer international IFAs access to MitonOptimal’s asset allocation and manager selection in a unitised fund vehicle – a fund structure that uses pooled funds to invest with individually reported unit values for investors.
Three portfolios
The new funds comprise of three risk-rated portfolios – cautious, moderate and growth – each available in both US dollar- and UK sterling-denominated classes.
The range offers daily liquidity through a Dublin-domiciled undertakings for collective investment in transferable securities (Ucits) fund structure.
Shaun McDade, joint managing director and head of international portfolio management at MitonOptimal, will be lead fund manager on the new range.
Retail access
McDade said: “The new DFM funds provide investors with the investment benefits of a DFM solution with the convenience and simplicity of using a unitised fund.
“True DFM services have traditionally been available only to professional investors with large lump sums to invest – these funds provide access to DFM expertise for retail investors.”
MitonOptimal is a global multi-asset management company, with a presence in UK, Guernsey, Jersey, the Isle of Man, Singapore and South Africa. It offers a range of multi-asset funds, discretionary fund management and portfolio management services.
