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EQ Launches Risk-Rated Income Portfolio Range

Amisha Mehta Deputy Editor 30 November 2016

EQ Launches Risk-Rated Income Portfolio Range

The London-based wealth manager has introduced four multi-asset portfolios to suit different risk appetites.

EQ Investors has launched a range of income portfolios for investors seeking a regular income with above-inflation returns. 

The range offers four risk-rated model portfolios designed to achieve investment goals within a certain level of risk. Managed by Damien Lardoux, who manages the firm’s positive impact portfolio mandate, the portfolios are Cautious, Cautious Plus, Balanced and Balanced Plus. 

They will invest globally across all asset classes, aiming for a yield of around 4 per cent with a minimum target of 3 per cent. Portfolios are usually rebalanced four times per year but this can be more frequent if there is a material change in circumstances, EQ said.

Underlying fund costs for the portfolios vary between 0.58 per cent for a Cautious risk profile and 0.65 per cent for Balanced Plus. The number of underlying funds in the portfolios currently varies between 18 for Balanced Plus and 21 for Cautious.

“With more people using drawdown than ever before, it’s imperative that we offer a range of income portfolios to meet this growing demand. This new range of portfolios is designed for investors seeking a steady and sustainable return, whilst retaining capital value,” said John Spiers, chief executive at EQ and founder of Bestinvest.

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