Sanlam's Phil Smeaton / Photo: Supplied

Sanlam UK has boosted its risk-rated multi-asset funds range with a new strategy designed offer clients a greater level of choice across the risk spectrum.

The IFSL Sanlam Conservative Fund adds to Sanlam’s four existing risk-rated multi-asset funds. It will offer the lowest risk rating and come under the management of Phillip Smeaton, Sanlam’s chief investment officer.

The fund 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 percent.

Previous risk-rated multi-asset funds were launched last year. The IFSL Sanlam ‘Defensive’ fund was opened to investors in October 2019, while the ‘Cautious’ and ‘Balanced’ launched in February 2019, and the ‘Growth’ fund was unveiled in March 2019.

Commenting on the launch, Mr Smeaton said: “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.”