The PanASSET1-6 range will follow the same asset allocation process used by EPA’s PanDYNAMIC model portfolios and will have on-going charges of between 0.18% and 0.23% per year and a management fee of 0.25% per annum.
The existing range includes seven risk-rated model portfolios – defensive, cautious balanced, balanced, moderate growth, growth, aggressive and income.
Each has a clearly defined risk and return benchmark and is available as either an ETF or is fund based, using conventional index-tracking unit trusts.
The model portfolio service was launched in 2009, and according to the firm PanDefensive has returned 30% since inception, while PanAggressive has returned 69% in the period.
