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Morningstar Investment Management Europe launches Morningstar Multi-Asset Fund Range

Monday, November 30, 2020
Opalesque Industry Update - Morningstar Investment Management Europe Ltd, part of the Morningstar Investment Management group and a subsidiary of Morningstar, today announced the launch of the Morningstar Multi-Asset Fund Range.

The Morningstar Multi-Asset Fund Range is a series of multi-asset funds that offer investors a choice of three different risk levels with equity exposure ranges of 30-50%, 50-70%, and 70-90% complemented by diversifying and other lower risk-type investments:

* CG Morningstar Multi Asset 40 Fund (equity exposure ranges of 30-50%)

* CG Morningstar Multi Asset 60 Fund (equity exposure ranges of 50-70%)

* CG Morningstar Multi Asset 80 Fund (equity exposure ranges of 70-90%)

The funds will invest in an active-passive blend, biased to passive funds to lower the cost for investors but will also have the flexibility to target high-conviction active funds. They are designed for U.K. investors seeking capital growth over the medium- to long-term within a risk-managed framework. Morningstar Multi-Asset Fund Range information sheet is available here and the Adviser brochure is available here.

Mike Coop, Head of Multi Asset Portfolio Management, EMEA, said, "It is now possible to unlock the power of our award-winning asset allocation, leading global data, and research leveraged by Morningstar Investment Management, in one multi-asset fund range. With an asset allocation experience stretching back more than four decades, the funds provide investment exposures unavailable to most individual investors by not being limited to funds available on one platform. This wider fund universe and use of ETFs-powered by Morningstar, Inc's significant data and research capabilities- allows us to identify and access a broader array of opportunities."

Martin Coyle, Head of UK Business Development, said, "We are excited to continue to support advisers through the expansion of our solutions, as we look to bring to market one of our most popular Managed Portfolios strategies in a fund structure. The Morningstar Multi-Asset Fund Range provides a robust, supported solution with diversified, high-quality, and cost-effective funds employing Morningstar's global expertise. The series is competitively priced, with the blended approach offering the best of both worlds, that can be used as a one-stop solution or a core part of the clients' portfolio."

The estimated Ongoing Charges Figure (OCF) for the range is 0.60% for the Retail Share Class. The launch will expand the range of leading platforms offering Morningstar investment solutions, including those that currently offer the Morningstar® Managed Portfolios™. In addition, the series will be mapped to Synaptic, Dynamic Planner, Defaqto, and Finametrica (a Morningstar, Inc. subsidiary) risk profiles.

Morningstar Investment Management group's 100-plus investment team works with advisers and professional investors to deliver market-leading investment solutions supported by the company's research-driven asset allocation, manager selection, and portfolio construction capabilities. Morningstar Managed Portfolios, the discretionary investment management offerings for UK investors, were launched in 2013. Managed Portfolios for investors in South Africa were established in 2016.

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