The four funds, which were previously known as the Brooks Macdonald Fund of Funds and had only been available in sterling, will now also be denominated in euros, US dollars and Singapore dollars.
The expanded offering is a response to increasing demand from financial advisers who, according to Brooks Macdonald, were looking for exposure to the firm’s fund range through currency-hedged share classes.
“Investors with holdings in those currencies can now gain exposure to our multi-asset funds in their desired currency of denomination, as well as gaining invaluable access to Brooks Macdonald Group’s long-established investment process and discretionary management expertise,” said Richard Hughes, head of business development for Brooks Macdonald International.
The full range includes: the Defensive Income Fund, Cautious Growth Fund, Balanced Fund and Strategic Growth Fund.
“Maximise the potential”
Brooks said: “The funds have the ability to cater for professional advisers with clients who are seeking capital growth as well as more cautious investors looking for income growth through lower-risk assets.”
Through the new offering, individual investors are able to ensure a greater spread of investment risk and “maximise the potential for investment returns”, it said.
The funds invest in exchange-traded funds, unit trusts, OEICs, investment trusts and structured products across a variety of asset classes, countries, industries and companies.
The product range was rebranded in February this year to convey the wide range of investments made by each fund manager.
The range suits clients with £1,000 or more to invest and with holdings in multiple currency classes.
In November last year, Brooks Macdonald Asset Management formed an offshore alliance with financial advisory firm, Clarkson Wayman Ball.
Brooks also doubled its range of investment portfolios last month.
