Horizon by Embark has extended the distribution of its multi-asset Horizon Fund range to both Standard Life’s Elevate and Wrap platforms. The five risk-profiled funds, which currently rank in the top quartile of their respective Investment Association sectors with four in the top 10, will be available on Advance by Embark, Embark Platform, Aegon ARC, Aegon Cofunds, Transact, Standard Life Elevate and Standard Life Wrap platforms.
Fraser Blain, Chief Commercial Director, Horizon by Embark, says: “Our multi-asset Horizon funds are continuing to go from strength to strength. Since their launch, the funds have delivered cumulative returns of between 44.8 per cent and 73.1 per cent, and assets under management are now in excess of GBP600 million.
“Given their strong and consistent performance since launch, we’ve seen strong demand for the funds, especially from advisers looking for a retirement solution. Adding the funds to Standard Life’s platforms will further extend their availability and reach for advisers and consumers.”
The funds, which are designed to optimise returns for a given level of risk, have a unique investment process, benefitting from three layers of management. The strategic asset allocation is carried out by EValue, using their stochastic asset model. Columbia Threadneedle’s multi-asset team conducts the tactical allocation and active asset management, and the Horizon team provides a final layer of risk management oversight.
Blain adds: “By combining EValue’s modelling of long-term asset returns with Columbia Threadneedle’s skill in tactical asset allocation and active asset management, the funds have helped to optimise returns for investors in all conditions. We are focussed on continuing to develop and enhance the range for advisers and their clients to meet their ever evolving needs.”
The funds, launched in December 2013, have a Defaqto 5 Diamond Risk Targeted Fund Family Rating. They invest in a mix of assets including equities, fixed interest securities, property and cash, and are competitively priced with charges (OCFs) of between 0.81 and 0.84 per cent.
