Heartwood has already launched two of the funds, Cautious and Growth, and intends to launch the Balanced and Balanced Income funds at the end of Q1 2010.
The new multi asset funds will invest primarily in third party funds, including alternatives, structured products and derivatives as appropriate. CF Heartwood Cautious Multi Asset Fund aims to deliver a total return (the combination of income and growth of capital) through investments in a diversified range of asset types.
CF Heartwood Growth Multi Asset Fund aims to deliver capital growth from a diversified equity oriented portfolio.
CF Heartwood Balanced Multi Asset Fund and the CF Heartwood Balanced Income Multi Asset Fund, to be launched at the end of Q1 2010, are designed to deliver a total return (the combination of income and growth of capital) through investments in a diversified range of asset types.
Noland Carter, chief investment officer at Heartwood, said: “The multi asset funds provide a compelling means of delivering this process to all our clients in a fully diversified single vehicle.”
Guy Hudson, head of client services and distribution at Heartwood, said: “The Heartwood multi asset funds will provide our clients with access to a range of strategies and the associated returns on a cost and tax efficient basis.”
