London, 16 May - Unizone Financial Solutions has become the 65th fund partner to join Fidelity FundsNetwork™, with the launch of the pH Investment Portfolio funds on the platform on Monday. Advisers using FundsNetwork now have the choice of more than 1,100 funds from 65 fund providers*.
The new multi-manager pH Investment Portfolio consists of two funds**:
- pH Diversified Portfolio fund - adopts a multi asset approach to investing, meaning that it will access a broad range of investment types;
- pH Dynamic Portfolio fund - is primarily an international equity portfolio. It will be managed with high conviction, meaning it will be unconstrained by predetermined regional benchmarks, in its search for performance.
Rob Fisher, Head of UK Marketing, comments: “We are delighted to welcome Unizone Financial Solutions and the pH Investment Portfolios to FundsNetwork. Multi-manager continues to grow in popularity both across the industry and on FundsNetwork in particular, and we are committed to providing advisers and their clients with as wide a choice of multi-manager funds as possible.”
Paul Davey, Director, Unizone Financial Solutions, comments: “The pH Investment Portfolio offers a multi asset multi manager approach, carefully structured to meet the needs of a wide range of investors. The portfolio has been launched in conjunction with a risk profiling process to provide an extremely effective, total investment solution for advisers, allowing the opportunity to completely outsource the investment process”.
FIL Limited (“FIL”) and its subsidiary companies serve the major markets of the world by providing investment products and services to individuals and institutional investors outside the US. FIL Limited manages a total of £130.4 billion of assets***.
Notes to editors:*Source: FundsNetwork as at 16.05.08
** The pH Investment Portfolio, a unique and innovative solution sponsored by Unizone Financial Solutions. The pH investment portfolio is brought to advisers through the strategic alliance between Unizone Financial Solutions and North Investment Partners utilising the services of Investment Fund Services Limited, a BNP Paribas Company. The pH investment portfolio will use the multi manager approach to investing. Put simply, this involves investing in a range of funds managed by some of the world’s leading fund managers and fund management groups. This offers an additional level of diversification and a second tier of fund management expertise. Investors will gain access to a professionally constructed portfolio that is managed, on a daily basis, by a specialist fund management team.
*** Source: Fidelity as at 31.03.08
FundsNetwork, Fidelity’s fund platform, was launched in June 2000. It offers advisers and their clients the ability to invest, manage and monitor their investments in one place, bringing them control, efficiency and new business opportunities. The FundsNetwork service is offered and managed by Financial Administration Services Limited. FundsNetworkTM is a trademark of FIL Limited. Any opinions expressed are made at the time of writing and can be subject to change without notification. Assets as at 31.03.08 are those of FIL Limited.
