The average fund will have at least 30-50 investments in it, which means an investor benefits from diversification. In general therefore, funds offer a lower-risk approach than investing in just one single share.
However, choosing which funds to invest in can be daunting for some investors. This is where multi-manager funds can be useful.
Multi-manager funds often offer a balance of fund management styles. This should mean that the underlying holdings don’t all perform the same way at the same time.
These funds often charge higher fees. However, for many, especially those who do not have the time or experience to manage their own investments, the potential benefits can justify the costs.
Hargreaves Lansdown has a range of multi-manager funds covering a wide variety of sectors, which are continually monitored and managed by our experienced team.
The HL Multi-Manager Funds are managed by our sister company HL Fund Managers Ltd.