The three 7IM Dynamic Planner Portfolio funds will sit in Distribution Technology’s Dynamic Planner Risk Targeted Managed Range, with their asset allocation defined according to the set risk profiles.
The 7IM fund team, guided by CIO Chris Darbyshire, will be responsible for day-to-day management of the passive funds, Dynamic Planner’s director of asset and risk modelling Chris Fleming will sit on the investment committee.
Fleming said: “We are getting more and more demand from advisers for funds which are risk targeted. We are delighted to be working with 7IM on this fund range, and sitting on the investment committee.”
Tom Sheridan, 7IM’s chief executive, said the partnership was a good fit.
He added: “The co-branding of the funds reflects close involvement in the manufacture and oversight of the funds, with Chris Fleming, Dynamic Planner’s director of asset and risk modelling, sitting on the investment committee for the portfolios.
“We look forward to our continued close working relationship with Chris and his team. This all builds upon the existing long standing close relationship between our firms, which encompasses technology integrations between Dynamic Planner and the 7IM Platform.”
The three funds will target an ongoing fund charge of 0.29%.
The IPO runs from 18 September to 6 October.
