Premier will launch three new multi-asset funds focused on growth.
The funds are called Premier Diversified Cautious Growth, Premier Diversified Balanced Growth and Premier Diversified Dynamic Growth.
Each will be managed by Premier's chief investment officer Neil Birrell, who manages the existing range of diversified funds.
All three funds will have an ongoing management fee of 0.75 per cent.
The existing Premier Diversified fund is being renamed Premier Diversified Growth to distinguish it from the new offerings. The charge on this fund is 0.67 per cent.
The funds will invest directly in the underlying assets, rather than buy other funds.
Mr Birrell said: "Premier’s Diversified funds investment team have a proven investment approach to running risk-focused, directly invested multi-asset portfolios. The team is looking forward to adopting this process to manage each of the new funds."
Patrick Connolly, a chartered financial planner at Chase De Vere said: "Premier has established a really strong track record in running multi asset portfolios.
"The challenge is to achieve consistent performance while managing risks effectively and having competitive charges. Based on their previous record, there is every opportunity that these new fund launches will be able to achieve this."