VAM Funds’ Close Brothers discretionary fund management range is now available to advisers using the Novia Global investment platform and Old Mutual International’s ‘Investment Portfolio+’.
The new offering to advisers comes with an annual management charge of 0.85% and follows the recent launch of a D share class option.
Clients of Old Mutual International’s ‘Investment Portfolio+’, which is aimed at South African residents, will now be able to access VAM’s Close Brothers fund range and its three strategies.
These risk-rated products are available to international investors through a Luxembourg-domiciled Ucits V-compliant structure.
The funds are the VAM Close Brothers Cautious Fund, the VAM Close Brothers Balanced Fund and the VAM Close Brothers Growth Fund.
The VAM Close Brothers offering will also be linked to the Novia Global investment platform, alongside the fund manager’s VAM Driehaus Fund and a selected single strategy range, including the VAM US Micro Cap Growth Fund and VAM Small Cap Growth Fund.