Transact has introduced a new Dimensional Managed Portfolio Service to its platform, expanding the range of model portfolios available to advisers and their clients.
Transact said the launch builds on its longstanding relationship with Dimensional, with the pair sharing a significant mutual adviser and client base.
Dimensional’s discretionary MPS provides a suite of 12 model portfolios built exclusively using Dimensional funds. The range spans the full risk spectrum from 100% equity to 100% fixed income in 20% increments.
Six core portfolios are designed to deliver modest outperformance expectations, while six core plus portfolios will target higher outperformance.
Dimensional’s MPS is priced at 0.06% in addition to the underlying funds’ OCF. It is available on Transact from early July.
Martyn Chappell, head of wealth management, UK & Ireland at Dimensional, said: “Our Managed Portfolio Service represents the next phase of our support for financial professionals – bringing together investment philosophy, portfolio design, implementation, and ongoing management into a single, integrated solution.
“We’re pleased to be launching on Transact, reflecting the strength of our longstanding relationship and shared focus on delivering high-quality outcomes for investors.”
Tom Dunbar, CEO at Transact, added: “We have seen strong growth in DIM portfolios on the Transact platform as advisers increasingly look to combine high-quality investment solutions with an efficient financial planning experience. We have established relationships with all of the major DIMs that advisers may choose to work with and are committed to providing the functionality and support they need to manage portfolios effectively on Transact.
“Given the longstanding relationship and significant mutual adviser and client base we share with Dimensional, we are delighted that they have chosen to launch their MPS on our platform. This addition further strengthens the range of discretionary investment solutions available to advisers and their clients.”
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