The Sarasin Global Equity Fund of Funds and the Sarasin Global Diversified Fund of Funds products will be listed in the IMA Specialist sector and will be structured as Oeics under the Non-Ucits Retail Scheme (Nurs).
Jeffries, a partner at Sarasin, will helm the four-person team running the portfolios. Oliver Tucker will be co-manager with support from Lucy Empson and David Vickers.
The Sarasin Global Equity Fund of Funds will be benchmarked against a composite of 50% MSCI All Countries World Index and 50% MSCI All Countries World Index Sterling Hedged.
The Sarasin Global Diversified Fund of Funds will be measured against a composite of 50% of the above benchmark, 40% in government and corporate fixed income securities and 10% in cash.
Jeffries says: “These two funds represent an extension of what we have been successfully providing to private clients for several years.”
Minimum investment in the fund is £1,000, which carries a 1.5% annual management charge.