The Apollo Managed Investment Solutions will launch in June 2011 and invest across the asset classes, including equities, bonds, property, commodities, private equity and alternatives that include hedge funds and Ucits III funds, via the discretionary use of the four Apollo Multi Asset Funds, all of which operate under a Non Ucits Retail Scheme structure.
The service will initially launch on the Novia platform but Apollo expects more platforms will follow shortly.
“Our portfolios give the investor true multi asset exposure and therefore we feel that this extra level of management should be available to smaller investors as well as large, which is why the minimum is just £5,000,” Apollo said in a statement. The portfolios will have an AMC of up to 1%.
The six managed portfolios are as follows:
Cash Plus: Anticipated volatility 2-4%, risk grading 2/10
Defensive Capital Growth: Anticipated volatility 4-7%, risk grading 3/10
Cautious Capital Growth: Anticipated volatility 5-8%, risk grading 4/10
Balanced Capital Growth: Anticipated volatility 6-9%, risk grading 5/10
Progressive Capital Growth: Anticipated volatility 7-10%, risk grading 6/10
Adventurous Capital Growth: Anticipated volatility 8-12%, risk grading 7/10
