St. James’s Place (SJP) has announced a new fund-of-funds range named Polaris for clients looking to grow their wealth over a period of five years or more.

The Polaris range, available to SJP clients from 21 November 2022, features four highly diversified fund-of-funds solutions, actively managed and backed by meticulous research.

Asset allocation decisions will be centrally managed by the SJP investment team and overseen by the Investment Committee. State Street Global Advisors will monitor the Polaris range daily, with responsibilities including ongoing rebalancing of the underlying funds, cash flow management and currency hedging.

Each of the Polaris fund-of-funds is differentiated by its equity exposure:

  • Polaris 1 – the lowest risk solution for clients. It will invest around 40% in equities, making it an appropriate choice for investors who prefer a relatively low level of volatility.
  • Polaris 2 – a more balanced solution, investing around 60% in equities. It will have the second-lowest level of volatility.
  • Polaris 3 – will invest around 80% of its assets in equities and is optimised for investors who can tolerate a relatively high degree of volatility.
  • Polaris 4 – designed to appeal to long term investors who are seeking higher returns and are also willing to accept a high level of volatility. It will invest around 100% in equities and therefore is the highest risk solution.

The Polaris range will sit alongside SJP’s three InRetirement funds (Prudence, Balance and Growth), which are designed to cater for a range of client goals in decumulation, from prioritising a steady income to maximising the value of an inheritance.

Robin Ellis, Head of Portfolio Strategies at St. James’s Place, said: “The Polaris and InRetirement ranges provide investment solutions for clients across a range of different objectives, from building wealth and maximising the value of savings, through to drawing down on those savings in retirement. They contain our best investment thinking, based on the principle of sophisticated investment design, that is simple to use, and easy to understand.”

"Tom Beal, Director of Investments at St. James’s Place, said: “We’ve evolved how we manage investments to deliver better outcomes for clients, giving them confidence in our increasingly rigorous and robust investment process. Polaris complements SJP’s existing suite of funds, providing access to our carefully selected fund managers from across the globe.”

 

Notes to Editors

This information is for the sole use of journalists and media professionals, and has not been approved by St. James’s Place Financial Promotions. Any calculations shown are for illustration purposes only and are not guaranteed. Actual investment returns may be lower than those illustrated.