- HL is launching four new multi-asset index portfolio funds in response to the rise in index investing.
- The number of HL clients holding index funds as their main investment has increased by 80% over the last 2 years.
- The ready-made solutions feature HL’s active asset allocation implemented over a portfolio of index funds and ETFs, supplied by BlackRock.
The new funds offer a simple range of cost-efficient options to suit any level of investing from 6 June 2024.
These funds complement the active ‘HL Managed’ ready-made solution range successfully launched last year, to provide a comprehensive selection of ready-made solutions for UK retail investors.
Toby Vaughan, chief investment officer, Hargreaves Lansdown:
“HL clients’ investment in index funds has risen by more than two and a half times over the last 7 years and the number of clients holding index funds as their main investment has increased by 80% over the last 2 years. Our new ready-made multi-index investment portfolios add further choice for investors to meet that demand and are an easy cost-efficient solution for those looking to get started with investing. They are part of our evolving strategy, which aims to expand and improve the range of investment options we provide to clients at all stages of their investment journey, from beginners to highly experienced investors.”
