RL360 has launched three new RL360 Model Portfolio Solutions funds with asset allocation from BlackRock, one of the world's leading investment houses.
In a statement on 16 March, the Isle of Man-headquartered firm said the new USD denominated Model Portfolio Funds were exclusive to RL360's guided architecture ranges and will sit alongside the hand-picked range of funds they already offer across the following products:
• Regular Savings Plan (RSP)
• Oracle
• LifePlan
• Quantum
• Paragon
The RL360 Model Portfolio Solutions funds are designed to appeal to clients with three different levels of risk appetite:
• RL360 Model Portfolio Solutions Conservative USD - a lower risk model designed for investors willing to accept lower returns for a higher degree of security
• RL360 Model Portfolio Solutions Balanced USD - a medium risk model designed for those investors who will accept a moderate level of risk in return for a moderate level of growth.
• RL360 Model Portfolio Solutions Adventurous USD - a higher risk model designed for investors willing to take a higher level of risk in return for potential for higher growth.
BlackRock provides the asset allocation with the objective of providing well-diversified, competitive returns while remaining within volatility thresholds, using their comprehensive risk modelling capabilities and an investment universe comprising of BlackRock and iShares collective investments, with a blend of active and passive funds.
RL360 further highlighted how the new funds have a "very competitive" 1% annual management charge.
"The funds also provide access to the diversified, ESG-integrated underlying holdings by way of affordably priced institutional share classes, so overall cost is low", it said.
