The new development means that AJ Bell’s MPS and funds are now risk rated by all four of the main services used by financial advisers - Dynamic Planner, Finametrica, EValue and Defaqto. This offers advisers choice and makes it easy for them to meet their suitability requirements by matching the investment range to the risk appetite of their clients.
AJ Bell’s MPS offers advisers and their clients 16 portfolios with a choice of active or passive investment approaches and both capital growth and income objectives.
For advisers looking for a low cost fund solutions, AJ Bell offers a range of six multi-asset passive funds.
The AMC of both the MPS and the passive funds was recently reduced to 0.15%.
The table below shows how the MPS and passive funds have been mapped to the EValue and Defaqto ratings:
AJ Bell MPS
AJ Bell Funds
EValue risk rating*
Defaqto risk rating
*based on EValue’s 10-year, 10-point rating system.
Kevin Doran, chief investment officer at AJ Bell comments:
“We know that many advisers use the EValue and Defaqto ratings so we’re pleased to offer these options for both our MPS and passive funds. Ensuring suitability of their recommendations is clearly vitally important to advisers and so we were very keen to map our funds to all of the main risk rating services they use. Building on our commitment to offer advisers choice, this development will make it even easier for advisers, using the big four risk-profilers to incorporate our MPS and funds into their existing business processes.”