As exclusively reported in January, the funds will invest across equities, cash, fixed income and property (via Reits).
The Balanced fund has a heavy weighting towards BlackRock and iShares ETFs in its top 10 holdings.
Although it could change prior to launch, the biggest proportion of the fund (15%) will be iShares Global High Yield Bond ETF, followed by the BlackRock UK Equity Tracker Fund (12%).
Equal weighting (10%) has been given to the SPDR Barclays Sterling Corporate Bond ETF, iShares GBP Corporate Bond ETF, Vanguard UK Long Duration Gilt Fund, and the iShares UK Property ETF.
The asset allocation of the funds will be updated quarterly so that they consistently perform in line with the risk level selected for each client, the firm said.
The funds be run by AJ Bell’s investment team including Ryan Hughes, head of fund selection and Leon Diamond, head of investments.
