Investment platform TILLIT has added five new funds to its investment platform, following the removal of five funds from the universe last month.
Two emerging market funds have been added to the platform: the ARGA Emerging Market Equity and Redwheel Next Generation Emerging Market Equity fund. These funds currently hold assets of £481m and £601m respectively and are Financial Conduct Authority (FCA) certified but are not part of the wider Investment Association (IA) universe. Both have been among the top 10 best-performing funds over five years, compared with more than 200 competitors.
One global fund has been added, the Kopernik Global all-cap equity fund, which holds assets of £941m and is part of the wider IA universe.
Away from equities, in the short-term money market sector, TILLT has added the Royal London Short Term Money Market fund, managed by Craig Inches and Tony Cole. This is the largest of the new funds, with £7.1bn in assets under management (AUM).
Royal London’s fund has proven popular in recent years with rising interest rates making cash money market funds more popular. Indeed, it was one of the most-bought funds across customers with Fidelity Personal Wealth last year.
Finally, in the Sterling High Yield sector, the Man GLG High Yield Opportunities fund has been added, run by fund manager Michael Scott, which holds assets of £633m.
These new funds reflect TILLIT’s unique approach, in which it only recommends the most exceptional and best-performing funds. Indeed, all five funds ranked in the top quartile of their respective sectors over the past five years.
Sheridan Admans, head of fund selection at TILLIT, says these additions reflect the firm's ongoing commitment to identifying only the most “exceptional funds to enhance the TILLIT universe”.
These funds will continue to diversify client portfolios and access to broad investment options and improves clients' access to new opportunities such as deep-value investing.
“These latest additions offer our clients broader investment options, enabling them to stay in control of their portfolio, enhancing their ability to tailor their portfolios to their specific needs and market conditions”, Admans said.