Heartwood expands range of multi-asset funds

Heartwood Wealth Management is launching Balanced and Balanced Income multi-asset funds.

The group has already launched Cautious and Growth multi-asset vehicles and the two new funds will be unveiled at the end of Q1, 2010.

All the funds broadly follow the company's core investment strategies and are designed to expose its clients to a predefined level of risk.

Heartwood's new funds will primarily invest in third party funds including structured products and derivatives.

The CF Heartwood Growth multi-asset fund aims to deliver capital growth from a diversified equity-orientated portfolio. Meanwhile, the Cautious multi-asset, Balanced multi-asset and the Balanced Income multi-asset fund are designed to deliver a total return (the combination of income and growth of capital).

Guy Hudson, head of client services and distribution at Heartwood, says: "The Heartwood multi-asset funds will provide our clients with access to a range of strategies on a cost and tax efficient basis.

"Our longer-term track record, and particularly the results we have achieved for clients over the period of the credit crunch, provide a very strong foundation for the launch of what will be the most prominent showcase for our investment capabilities."

Heartwood Wealth Management is an independently owned investment and wealth management business, providing integrated investment, tax and retirement planning solutions for ultra high net worth and high net worth individuals.