James Hay Partnership has added over 1,258 funds to its investment centre during the year to 30 September, taking the total funds available to 3,370.
The latest additions include funds from 10 new fund managers. Of the total funds available, 1,947 are unbundled and 1,423 are bundled. The platform estimates it will have added a further 100 to 200 by the end of the year.
The average annual management charge on the Collect fund range, which is accessible via an adviser as well as direct, is 0.68 per cent. On the Select fund range of institutional pooled pension funds, including specialised funds, which are only accessible through an adviser, the average AMC is 0.39 per cent.
The investment centre can be accessed via the Modular iPlan from 0.18 per cent per annum for cases above £195,000. This gradually reduces to 0.05 per cent per annum for assets of £1m and above.
donia.o’loughlin@ft.com
