Evercore Pan-Asset’s PanDynamic OEICs launch on Ascentric

Evercore Pan-Asset has launched their two PanDynamic Funds on independent wrap platform Ascentric. The fund strategies are currently run exclusively as model portfolios on Ascentric, which proved the concept for this launch.

The two OEIC funds, PanDYNAMIC Growth and PanDYNAMIC Balanced, use Evercore Pan-Asset's asset allocation process that invests mainly in carefully selected ETFs, mirroring the investment approach of their successful PanDynamic Model Portfolios. By investing in low-cost index-tracking ETFs, the PanDynamic Funds aim to keep the overall cost of investing down to just 0.6% per annum for institutional and charity investors. The overall cost for retail investors may be higher.

Evercore Pan-Asset's Chief Executive, Christopher Aldous commented, "We're delighted that the new funds are available on Ascentric from launch. The platform's low costs coupled with the PanDYNAMIC funds' low TERs should provide a compelling solution for IFAs and their clients."

Richard Goodall, Sales and Marketing Director at Ascentric stated, "We are very pleased to be offering our users wider access to Evercore Pan-Asset's funds. The Model Portfolio version of their funds has proven to be extremely popular and their availability now as OEICs should broaden their appeal still further."