You are here: Home - Investing - Experienced Investor - News -

Tilney Bestinvest launches range of ‘takeaway’ fund portfolios

Written by:
Wealth manager Tilney Bestinvest has entered the robo-advice market with the launch of a range of ready-made fund portfolios.

Investors answer a number of questions about their risk appetite and goals and are guided to a selection of multi-asset funds put together by the firm’s research team.

The service is available to investors with a minimum of £100 to invest. They are not given any advice but can request a call back or live chat if they have a question.

The firm compares the portfolios to a “takeaway”.

“Instead of choosing a range of investments with the aim of creating a successful investment portfolio, you can just order one that our experts have put together already,” it said.

Each portfolio typically has 20 underlying funds, both active and passive, and are regularly rebalanced.

Jason Hollands, managing director of Tilney Bestinvest, said: “For many, life if simply too short or too busy to devote the necessary time to managing their own portfolio, checking up that individual funds are delivering decent returns and rebalancing their portfolio to ensure it stays in line with an asset mix that meets their goals and attitude to risk.

“This isn’t rocket science, it is investment made simple because that’s what many people are after.”

He said the service is aimed at people who are looking for a ‘flat pack solution’ to investing – in other words, a kit with step by step instructions that helps them find a sensible investment portfolio.

The popularity of robo-advice has been growing in the UK, with the likes of Nutmeg offering automated online investment solutions for people who do not want to take full financial advice.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week