CPN Investment Management has expanded its MPS and bespoke portfolios proposition with the launch of two funds: IFSL CPN Global Opportunities and IFSL CPN Defensive strategy
The firm said it has transferred around £250m into the funds from its MPS portfolios, with around £180m and £70m going into the Global Opportunities and Defensive strategy respectively. The funds will be promoted to the wider market in the first quarter of 2024. The Global Opportunities fund invests in equity funds around the globe, in both developed and emerging markets. It sits in the IA's Global sector and has an estimated ongoing charges figure of 0.96%. The Defensive strategy holds at least 70% of its portfolio in funds investing in corporate and government bonds around the world...
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