The Share Centre claims that the product aims to offer investors the opportunity to diversify their portfolio, without the added time and cost implications usually associated with managing their own investments.
Andy Parsons, advice manager from The Share Centre, said: The collective investment nature of our Funds of Funds helps reduce the costs and potential risks associated with investing in individual stocks and shares. There is also the added appeal that you are not going it alone as investors can capitalize on the time and expertise of a fund manager.
