DeVere Group to offer low-cost portfolio service

A low-cost portfolio service comprising tracker and active funds is to be launched by the DeVere Group.

The Model Portfolio Service (MPS) is being launched in association with Pacific Asset Management (PAM).

The DeVere MPS Range will initially consist of four risk targeted models and will allow investors to gain exposure to the a passively run investment whilst giving them access to a diversified actively managed portfolio. 

Each model was designed to reflect a particular level of risk an investor is comfortable with and is made up of a combination of passively managed tracker funds, designed to work in conjunction with PAM’s zero-biased range of multi-asset funds. 

The range is Ucits regulated and will invest across active, passive and smart-beta strategies.

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