By using existing Church House funds as the basis for the models, the firm said it is able to manage portfolio risk in-house, provide full transparency and keep expenses low for investors.
Hosted on Parmenion’s platform, the Church House Advantage Managed Portfolio Service (CHAMPS) is risk-rated and has a relative volatility objective expressed as a percentage of the one-year, rolling average volatility of the FTSE 100 index.
While ‘risk’ means different things to different people, we define risk for our investors in terms of the potential for permanent or irretrievable loss to capital. The ‘risk decision’ drives the way we manage each and every portfolio even for the higher risk investor,” said Church House CEO, James Mahon.
Investable through ISAs, SIPPS and offshore bonds, as well as for general investment accounts with a minimum lump sum investment of £1,000 and a minimum monthly investment of £50, the six portfolios have an initial charge of 0.25% and a standard management fee of 0.30%
| Portfolio | Risk Level | Relative volatility objective |
| Cautious Income Portfolio | 3 | 35% – 40% |
| Income Portfolio | 4 | 40% – 60% |
| Income & Growth Portfolio | 5 | 50% – 70% |
| Equity Growth with Income Portfolio | 6 | 65% – 85% |
| Equity Growth Portfolio | 7 | 70% – 90% |
| Higher Risk Equity Growth Portfolio | 8 | 80% – 105% |
