Investment manager and data provider RSMR has expanded access to its Passive Plus MPS fund range.
The move will make the funds available to the wider adviser market.
The MPS, previously only available via RSMR, will now be available on Abrdn’s Elevate and Wrap platforms, Aviva, Fidelity Adviser Solutions, Nucleus, Quilter or Transact.
The portfolios will be risk profiled by Dynamic Planner on a quarterly basis.
The Passive Plus portfolios comprise mainly RSMR-rated passive funds and also include targeted exposure to RSMR-rated active funds to, “add diversification and/or dampen down volatility.”
RSMR says the funds are aimed at advisers who prefer passive funds but are concerned about the relative risk of 100% passive exposure, or fear missing out on the opportunities that active funds can access.
Ken Rayner, RSMR CEO, said: “We’re very pleased to introduce our Passive Plus range to the wider market.
“Since launching RSMR twenty years ago, researching funds for advice businesses has been the bedrock of our business. We began building model portfolios using RSMR-rated funds in 2007 and began running passive plus ranges on an advisory basis in 2018, the same year we took on discretionary permissions. The RSMR Passive Plus range provides advisers with another option that sits alongside our actively-focused Rfolios and Responsible ranges.”
The RSMR Passive Plus portfolios are: Cautious, Prudent, Balanced, Growth and Dynamic. Since launch in February 2018 as advisory portfolios (since renamed), Passive Plus Cautious rose 19.79% and Passive Plus Prudent rose 24.64%. On the same basis, also since renamed, Passive Plus Balanced grew by 29.23% and Passive Plus Growth grew by 31.62%.
Total charges (RSMR’s DFM charge of 0.15% + plus underlying OCF) are targeted to remain below 0.5% pa.
RSMR provides independent investment research and support services to advice businesses. More than 15,000 financial professionals across the UK use RSMR ratings, the company says.
