Target risk funds delivering consistent investment performance.
Low interest rates have seen high demand for lower risk investments; it is no surprise that lately we are seeing large flows into ESMA 3 funds. The idea of target risk funds is to manage risk and try to give some degree of predictability to lower risk investors.
Magnet Cautious and Compass Cautious are part of our Magnet and Compass portfolio fund range. Our portfolio funds are ready-made portfolios, each designed with a particular type of investor in mind.
When Magnet Cautious and Compass Cautious are compared with other low-medium risk multi-asset funds the results are clear to see.
The Magnet Cautious and Compass Cautious funds are available across the Friends First suite of Pension, Approved Retirement Funds (ARF), Approved Minimum Retirement Funds (AMRF) and Savings and Investment products.
For more information on the Friends First range of funds, please contact your Financial Broker or visit our fund centre.
*Source: Financial Express, 08/06/2016