HL Multi-Manager Funds

Take the strain out of investing

A multi-manager fund is a managed portfolio of funds offering investors who prefer to choose their own investments without advice, a ready made and broadly diversified portfolio, with one easy investment. Remember the value of investments can fall as well as rise, so you could get back less than you invest.

For first time investors in need of a simple way to invest in the stock market or for more experienced investors looking for a broadly based fund around which to group specialised holdings, each HL Multi-Manager fund provides a professionally monitored portfolio of what we believe are some of the best fund managers in their field.

Why consider a multi-manager fund?

Make it easy on yourself

• Actively managed - With over 3,000 funds available which do you choose? Do you have the time to monitor your holdings and make changes when required? Once you’ve chosen the right multi-manager fund for you, you can leave these questions to a professional manager.
• Diversification - The objectives of each multi-manager fund are different but they all aim to offer a well diversified portfolio so you are not over-exposed to any one particular area.
• Ease and simplicity - Over time investments tend to be acquired piecemeal. Switching them into a multi-manager fund can bring balance to your portfolio, save you time and tax, and increase the performance potential.

Save on tax and charges

• Tax savings - Within multi-manager funds, the managers can make changes whenever they see fit without having to pay capital gains tax (CGT). You only pay CGT when you sell, if the gain takes you over your annual CGT limit. Of course, gains within an ISA or SIPP are tax free anyway. Remember tax rules can change over time, the value of any tax benefits will depend on your circumstances.
  
• Initial discounts of up to 5% and annual savings of up to 0.15%. Within the HL Multi-Manager funds, we use the buying power acquired from the position of one of the UK's largest brokers to drive down charges on the underlying funds. The result is much lower running costs than many of our competitors.

When selecting funds for the portfolios, quality and performance always come first, and only then, when we have been satisfied on these fronts, do we turn our attention to the matter of cost. Our in house quantitative models help to ensure we are selecting the fund managers that show the best stock picking abilities.

• HL Multi-Manager Balanced Managed
• HL Multi-Manager Equity & Bond
• HL Multi-Manager Income & Growth
• HL Multi-Manager Special Situations
• HL Multi-Manager Strategic Bond