7IM has launched a new model portfolio, Adventurous Plus, to complete its Blended Model Portfolio Service (MPS) range.
Advisers can access this new model via the 7IM Platform, with plans to launch on other platforms in the future, according to the firm. The new model was priced at the same charge as the rest of the blended range, carrying an annual portfolio fee of 0.25%, while the ongoing costs of the underlying holdings range between 0.20% and 0.40%, it said. 7IM added that the model was the most ‘adventurous' offering in the range and intended for those willing to take on a higher degree of risk while on the hunt for greater returns. Adventurous Plus complements the other six existing portfolios in th...
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