Also known as multi-manager funds, funds of funds contain an even wider variety of investments than funds. Rather than investing directly in shares, bonds and other assets, they invest in other funds to achieve broad diversification, with a variety of fund categories all wrapped up in one convenient investment.
When you’re comparing funds of funds, keep an eye on costs. The flipside of having a manager choosing your funds for you is that there can be operating expenses in addition to the charges for the underlying funds.
Our three funds of funds cater for three different investment objectives with varying degrees of risk: cautious, balanced and adventurous. Simply open an account and pay in some money. You’ll then be ready to buy and sell funds of funds online (or over the phone for no extra charge) with us.