Launched in October 2025, our multi-manager funds have already gained significant interest, with approximately £64 million invested across both growth and income options. These funds are ideal for those seeking broad diversification, but without the complexity of managing multiple investments. They’re especially well-suited for customers who prefer a simple, risk-rated solution with broader diversification than traditional single-manager funds.
In today’s investment landscape, diversification is key to managing risk and optimising returns. But achieving diversification can be complex, especially when trying to balance multiple assets and markets. That’s where our Multi-Manager funds come in; an efficient, professionally managed solution designed to offer broad diversification and active oversight, all in a single fund.
What are Multi-Manager funds?
Multi-Manager funds are a smarter way to invest. Instead of choosing individual stocks or bonds, these funds invest in a mix of underlying funds that focus on different asset types, regions, and investment strategies. From shares and bonds to property and alternatives, the goal is to spread your money across a wide range of opportunities, providing instant diversification.
Think of Multi-Manager funds as a pre-packaged portfolio managed by experts. Rather than selecting and overseeing multiple funds yourself, you invest in one fund that gives you exposure to several carefully chosen underlying funds. The best part? This portfolio is professionally managed by a team who continuously monitors and adjusts the investments to ensure they align with the target risk profile.
Why choose Multi-Manager funds?
Single fund solutions are often chosen for their simplicity and convenience with one fund, one decision and a clearer overall picture of what you hold.
They can also offer practical benefits such as:
- Built‑in diversification through a broad mix of holdings.
- Target allocation maintained (automatic rebalancing), which helps keep the investment aligned to its intended mix over time.
- A clearer way to keep investments on track, especially alongside regular reviews with your Financial Planning Manager.
Over time, markets move at different speeds meaning the balance of a portfolio can gradually shift away from the mix originally intended. This is often referred to as portfolio drift.
Because Multi‑Manager Funds are structured as a single fund solution, they can help reduce drift by keeping the investment aligned to a target allocation within the fund (rather than relying on multiple separate funds staying in balance).
That doesn’t remove the need for advice or reviews but it can make it easier to keep an investment aligned to its intended approach between reviews, compared with a portfolio made up of many separate holdings.
Next steps
If you’re currently invested in a Model Portfolio or Primary Fund, now is a great time to have a suitability review with your Financial Planning Manager. They can help assess whether our Multi-Manager funds are a good fit for your investment strategy based on your financial goals, risk appetite, and need for income.
As always, keep in mind that all investments carry risk, and the value of your portfolio can fluctuate. Multi-Manager funds are best suited for medium to long-term investors, comfortable investing for at least six years.
With professional management and broad diversification, Multi-Manager funds offer an ideal solution for those looking for a simpler, more efficient way to invest. Speak with your Financial Planning Manager today to explore how these funds can help you achieve your financial goals.
Want to find out more?
Multi-Manager funds are designed to offer access, choice and convenience in a single investment. To find out more about your new investment choices and explore whether they could be suitable for you, contact your Aegon Financial Planning Manager, call us on
0800 464 3079*, or request an appointment using the button below.
* Call charges vary. Lines are open Monday to Friday between 8.30am and 5.30pm. All calls are recorded for business purposes. Afp246. Exp 02/27
Market Commentary – Quarter 4, 2025