The TB Opie Street Funds are being launched first and foremost for the benefit of our existing clients, and specifically, those of our client accounts within the Fund Portfolio Service.
The Funds will be invested in a number of different asset classes including fixed interest (gilts and bonds), equities (shares) and alternatives (including infrastructure and real estate). Exposure to these asset classes will be achieved via investment in collective investments (including other funds and investment trusts).
Given the highly diversified nature of the Funds, they are designed to provide a ‘one-stop’ investment solution for clients. This is particularly relevant for smaller portfolios, where achieving sufficient diversification has become increasingly challenging and consequently more costly for clients.
The Funds are differentiated by risk profile, with the Growth Fund suitable for our ‘Medium-High Risk’ clients, and the Balanced Fund suitable for our ‘Medium Risk’ clients (as defined by Barratt & Cooke’s risk policy). This differentiation will be achieved via the asset allocation of the Funds, with implications on expected volatility.
The Funds are also differentiated by objective, with the Growth Fund suitable for clients for whom seeking long-term capital growth is their primary motivation, and the Balanced Fund suitable for clients for whom an attractive level of income is an important consideration, alongside seeking long-term capital growth.
The Funds will be available for investment in clients’ own names, joint names, ISAs, JISAs, SIPPs and also on behalf of Trusts, Charities and other entities.
For further information on the TB Opie Street Funds, please find links below for our Fund Portfolio Service brochure, the Key Investor Information Documents (KIIDs) for each Fund, as well as the Prospectus and Instrument of Incorporation. The KIIDs and Prospectus provide full details on the risks associated with the Funds.
Once the Funds are launched, quarterly factsheets for both Funds will be made available, ensuring that investors are kept abreast of developments.