New Products
What’s New In Investments, Funds? – IBOSS
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
IBOSS
IBOSS, part of the
Kingswood Group and a provider of discretionary managed portfolio
services and other investment solutions, is launching a new
Passive Portfolio 8.
This will be the ninth portfolio to be made available within the
Passive MPS range and will contain the highest exposure to
equities of 90 per cent, the asset manager said in a
statement.
Passive Portfolio 8 will be available on the platform of choice
from IBOSS’ list of available MPS platform providers from
1 November 2022. The addition has been led by advisor demand
to cover as many risk options as possible and complement
Portfolio 8 within IBOSS’ core range, the firm added.
In keeping with the existing passive portfolios, IBOSS said that
Portfolio 8 contains primarily passive and index funds, with a
minimum of 15 and a maximum of 30 funds in each portfolio and an
8 per cent maximum holding per passive fund. The firm believes
that the price remains competitive considering the higher equity
content.
Michael Heapy, senior investment analyst at IBOSS, said: “Despite
market concerns, many investors still maintain an appetite for
risk in both our core and passive ranges.”
“Given the popularity of our passive range this year and the feedback from our advisor firms, we decided it would be desirable for clients and advisors to expand our passive range. Covering a wide variety of client requirements is important to us, and adding a Passive Portfolio 8 will only increase this," he continued.
