AJ Bell launches new MPS with no annual management charge

Available through the AJ Bell Investcentre platform for advisers

Isabel Baxter
clock • 1 min read

AJ Bell has launched a new model portfolio service (MPS) with no annual management charge (AMC).

Managed by AJ Bell Investments, the AJ Bell Money Market MPS will offer exposure to a range of near cash instruments, including money market funds and short duration bonds. There will be no management charge, meaning customers pay only platform fees and the cost of underlying funds with an average operating cash flow of 0.1%. AJ Bell said this MPS will be the only product of its kind in the market with no management charge. Offered through AJ Bell's Investcentre platform for advisers, the MPS will allow customers to hold assets within their existing tax wrappers without the need to...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

More on DFM & Model Portfolios

ARC launches MPS indices to 'give IFAs clarity'

ARC launches MPS indices to 'give IFAs clarity'

Will include model portfolios on adviser platforms and funds that mirror MPS strategies

Isabel Baxter
clock 30 January 2025 • 2 min read
Target market tops criteria for MPS selection in 2024 as advisers prioritise suitability

Target market tops criteria for MPS selection in 2024 as advisers prioritise suitability

Advisers move from performance to target market as most crucial factor

Isabel Baxter
clock 20 January 2025 • 2 min read
Tatton retains pole position on Defaqto's top ten MPS list

Tatton retains pole position on Defaqto's top ten MPS list

Only four solutions retained their place within the top ten

Isabel Baxter
clock 09 January 2025 • 2 min read