FT Advisor: Whitechurch cuts fees on model portfolio service
Gavin Haynes, managing director of Whitechurch said: "These portfolios are designed to be low cost solutions for investors, for whom minimising charges are of paramount importance. But the view that the 'cheapest option is always best' can be a blinkered one. In reality it comes down to value over price.
"Within these portfolio we invest up to 20 per cent in active funds to provide an added level of diversification that cannot be achieved by simply investing in passive funds. It has been our experience that using only passive funds restricts the diversification options.
"In order to provide the optimum mix of funds our investment team believes that there is a place for both styles of investing (passive and active) to be considered when building a portfolio."
Read Full Article: FT Advisor: Whitechurch cuts fees on model portfolio service
Whitechurch Securities is not responsible for the content of external websites