What's New In Investments, Funds? - Sanlam

Editorial Staff

1 October 2020

Sanlam UK
has launched a multi-asset fund, which adds to four multi-asset funds in its stable. The new offering is called the Sanlam Conservative Fund and, as its name suggests, it comes with a low risk rating.

The fund will be overseen by Phillip Smeaton, Sanlam’s chief investment officer. It will invest directly in asset classes including equities, fixed income and real estate using the same philosophy and process as Sanlam’s discretionary portfolios with a capped ongoing charge of 0.79 per cent.

“Amid the ongoing uncertainty around the world, clients are in need of a range of strategies that suit their differing, and often shifting, attitudes to risk. The launch of the ‘Conservative’ multi-asset fund will ensure that Sanlam continues to offer a range of well-researched funds, suitable for a range of risk appetites, at an affordable price,” Smeaton said.

The IFSL Sanlam “Defensive” Fund was launched in October 2019; “Cautious” and “Balanced” was launched in February 2019; and “Growth” was launched in March 2019.

Sanlam, listed in South Africa, has more than £12 billion ($15.5 billion) of assets under management.