New Star Tri-Star Unit Trust now on Skandia multifunds platform

New Star’s Tri-Star Unit Trust, which offers exposure to commercial property, bonds and UK equities in one fund, is now available via Skandia’s life, pension and fund supermarket fund ranges.

The fund is managed by New Star’s joint chief investment officer, Gregor Logan, who is responsible for asset allocation, determining the appropriate weightings in UK equities, bonds and UK commercial property.

Stock selection in each asset class is managed by three of the most respected New Star fund managers: Stephen Whittaker for UK equities, James Gledhill for bonds and Roger Dossett for UK commercial property. The UK commercial property exposure is via direct investment into the New Star Property Unit Trust.

Skandia is one of New Star's earliest distribution partners, with links available since New Star’s retail launch in July 2001. More than 20 New Star funds are now available through Skandia's onshore life, pension and fund supermarket ranges as well as a comprehensive choice of funds offered as offshore links through the Royal Skandia brand.

Richard Vincent, head of strategic fund partnerships at Skandia, says: “New Star is one of Skandia’s top five fund group partners in terms of the number of funds on offer and funds under management. Adding the New Star Tri-Star Unit Trust is only going to further strengthen this partnership.”

Phil Wagstaff, Managing Director of all UK retail funds at New Star, says:"We are delighted that Tri-Star is now available across Skandia’s fund ranges. We have worked closely with Skandia and with our other distribution partners to ensure that New Star's investment products have the widest possible availability to advisers and their clients. We look forward to working closely with Skandia in future years.”