threesixty has appointed Square Mile to run a new range of outcome-focused model portfolios.
The range will invest in open ended funds, with each portfolio aligned to different objectives: capital preservation, inflation protection and three levels of income.
The capital preservation fund will target 2.5 per cent returns over three years and the inflation protection fund will target CPI + 2 per cent over a five to seven year period.
On the three income-focused funds, the yields will range between 3 per cent to 4 per cent, 3.5 per cent to 4.5 per cent and 4 per cent to 5 per cent. The volatility level on the funds will be modestly higher than bonds, between bonds and equities and close to equities for the three funds, respectively.
The model portfolios, which will be reviewed on a quarterly basis, adds to threesixty’s existing Strategic Growth and Tactical Growth portfolios, which target capital growth.
Phil Young, threesixty managing director, says:“We are pleased to see advisers now looking for more specific investment solutions. These new investment solutions, with alternative, outcome-focused investment objectives, such as capital preservation or income generation, are designed to meet this demand.”
The new portfolios will be risk aligned via threesixty’s investor profiler tool and will use commentary and research from Square Mile.
Square Mile managing director Richard Romer-Lee says: “We place the investor at the centre of our research and assess funds on their ability to deliver on explicit investment outcomes.
“These five new model portfolios put this belief into practice and answer demand from threesixty client firms for solutions to meet very specific objectives.”
Charges information was not immediately available.