Isle of Man-headquartered insurance group RL360 has rolled out three Model Portfolio Solutions funds with asset allocation from investment giant BlackRock.
The US dollar-denominated model portfolios are exclusive to RL360’s guided architecture ranges. The BlackRock assets will sit alongside the range of funds the life insurance firm already offers – including the following products:
- Regular Savings Plan (RSP);
- Oracle;
- LifePlan;
- Quantum; and
- Paragon.
BlackRock will provide the asset allocation. The Model Portfolio Solutions funds are designed to appeal to clients with three different levels of risk appetite. The risk appetites are:
- RL360 Model Portfolio Solutions Conservative USD – a lower risk model designed for investors willing to accept lower returns for a higher degree of security;
- RL360 Model Portfolio Solutions Balanced USD – a medium risk model designed for those investors who will accept a moderate level of risk in return for a moderate level of growth; and
- RL360 Model Portfolio Solutions Adventurous USD – a higher risk model designed for investors willing to take a higher level of risk in return for potential for higher growth.
The RL360 Model Portfolio Solutions funds have a 1% annual management charge.
