Managed Funds SIPP
Although the CF Cornelian Funds provide a high level of diversification, we recognise that clients with larger pension funds may wish to create a portfolio that uses more than one manager. Scheme 2 provides an alternative for clients who seek a greater degree of diversification but whose pension funds are below the level for a full discretionary portfolio.
Scheme 2 is a Managed Funds portfolio. Clients will be able to select from a range of Managed Funds portfolios that best suits their investment objectives and risk profile and benefit from the Cornelian Asset Managers’ asset allocation process. Each portfolio will be invested in a range of managed funds which are researched and monitored by Cornelian Asset Managers. Regular meetings are held with external fund managers. Funds are selected across all geographic areas and specialist asset classes such as property, private equity and absolute return funds.
In addition to on-line valuations you will receive a half yearly report and you will have a dedicated investment manager with an option of an annual review meeting at our office to review the performance of your portfolio.
Fees for a Cornelian SIPP under Scheme 2
| Minimum contribution: £150,000 | Cornelian Asset Managers Fees | Hornbuckle Mitchell Fees |
| Initial charges (deducted from both lump sum and monthly contributions) |
0.5% (maximum £1000) |
£200 |
| Annual charge | 1% on first £500,000 0.5% on balance thereafter |
£250 (Increases each year in line with the Index of National Average Earnings) |
| Dealing Commission | Flat £50 per deal |
