The IFDS Apollo Multi Asset Defensive and IFDS Apollo Multi Asset Adventurous funds will launch on 1 June 2011, subject to regulatory approval, and will be managed by the firm’s multi asset team: Tom McGrath, Steve Brann, Ian Willings and Craig Wetton.
The funds will have around 30 holdings each and be able to invest across all available asset classes via the Non Ucits Retail Schemes structure.
The Defensive offering will have an anticipated annualised volatility of between 3% and 5%, and is anticipated to be a lower risk offering than Apollo’s current Cautious and Balanced funds. The Adventurous fund will offer higher anticipated risk than those funds, with an expected annualised volatility of between 8% and 12%.
“With investment markets continuing to be so volatile, investors are looking for a steadier ship and multi asset management is what they really need,” said Wetton, head of operations and risk control at Apollo Multi Asset Management.
“We have a lot of experience of investing across all asset classes with the aim of providing a smoother journey for our clients”.
