Liontrust remoulds multi-asset fund range

Liontrust has remoulded its Multi-Asset Active range, changing both the investment objectives and its names of the constituent funds.

The range is now called MA Explorer, and it sits alongside the MA Passive and MA Blended ranges.

Previously, the MA Active funds had the dual objectives of meeting a volatility target and generating capital growth or income. The renamed range places capital growth or income over the long term as its primary objective, while continuing to be risk profiled, but no longer risk targeted. 

Next to the MA Explorer name, each of the funds shows its maximum equity allocation; either 35%, 45%, 60%, 70%, 85% or 100%.  

Liontrust said the funds explore the best investment opportunities across a range of asset classes, geographies, sectors and funds.

Consequently, all the funds have now been given IA sectors as comparator benchmarks and some have transferred to a different IA sector entirely.

John Husselbee (pictured), head of the multi-asset team, outlined the four objectives of the changes: “We want to ensure clarity and transparency so advisers and their clients are able to understand what they are investing in and how the funds can be used within their own portfolios. 

“Second, we want to provide choice in terms of funds and portfolios, target risk- and return-focused, and which underlying securities are held. 

“Third, this choice and clarity is designed to enable us to help advisers and clients meet their suitability requirements. 

“Fourth, we want consistency across all our multi-asset ranges in terms of the investment process and having the same principles behind the implementation of the process.”

Liontrust recently appointed Hymans as Strategic Asset Allocation provider, and Defaqto as risk oversight provider, having rebranded its MA Passive fund range to MA Dynamic Passive.