True Potential launches discretionary portfolios

True Potential Investments has launched a new range of multi-manager discretionary portfolios.

The Managed Portfolio Series, which is exclusive to the True Potential Wealth platform, will be made of 10 portfolios spread across five different risk profiles.

The range, which will be managed by the firm’s chief investment officer Colin Beveridge and his deputy Chris Leyland, has a minimum investment of £50 and is not subject to investment management fees, meaning it is not restricted to the “very wealthy”, the firm says.

True Potential Investments senior partner Mark Henderson says: “Our aim was to create one of the most diverse and dynamically-managed series in the market. It is a simple proposition that gives all clients access to a premium discretionary investment solution, without a prohibitive entry point which puts this type of investment management out of reach for many investors in the UK.” 

Ongoing charges for the portfolios range from 0.77 per cent up to 0.92 per cent. Platform fees are 0.4 per cent.

Each of the managed portfolios bring together funds from both the Strategy and Wealth Strategy funds at the firm meaning that clients are offered “a blend” of the underlying funds according to different risk levels and management styles.

True Potential Investments senior partner Mark Henderson says: “Each of our investment solutions offers multi-layer diversification across management styles, asset classes and geographic regions. That means clients have greater potential for growth and managed volatility, we believe it is a powerful proposition that brings together the best of all worlds.”