Fund manager Tavistock Investments Group PLC (LON:TAVI) is to launch three new funds under its ACUMEN Portfolio brand, to take the number of funds under the banner up to seven.
ACUMEN Bond has a minimum fixed income exposure of 80%; corporate, inflation-linked ACUMEN Equity has a minimum exposure of 80% to developed market and emerging market equities; while ACUMEN Strategic can invest in a mixture of global asset classes.
The funds are highly sophisticated baskets of Exchange Traded Funds (ETFs) said the wealth manager and their launch reflects consistent demand from financial advisers for asset-specific strategies.
Brian Raven, chief executive, commented: "We continuously assess our products to ensure that they protect investors in the face of political and economic uncertainties, such as those surrounding Brexit.
“We are now better able to mitigate risk with these additional funds and we have also increased the extent to which our overseas portfolio exposures are hedged back to sterling."