IBOSS Reduces OCF Caps Across Key MPS Ranges
We first introduced OCF caps on our ranges in 2019, to give advisers and clients certainty on the maximum cost of the funds in their portfolios. The initiative was well received and reinforced our focus on delivering attractive costs across all of our investment solutions.
Despite market uncertainty, our portfolios have achieved particularly strong returns this year, and to add to that positive news we have lowered OCF caps across three of our five MPS ranges for the second time in 2 years. This move builds on our long-standing commitment to cost transparency and competitiveness.
| MPS Range | Old OCF Cap | New OCF Cap | % Change |
| Core | 0.58% | 0.55% | -5.2% |
| Decumulation | 0.65% | 0.60% | -7.7% |
| Sustainable | 0.75% | 0.60% | -20.0% |
| Passive | 0.14% | 0.14% | 0.0% |
| Blended | 0.36% | 0.36% | (Newly Launched) |
“It is important to us that advisers and their clients know what to expect from the IBOSS portfolios. Whilst lower charges are appreciated, it is unexpected higher costs that can harm the adviser–client relationship.” – Chris Metcalfe, CIO and MD of IBOSS.
For advisers and clients, this means portfolio costs are capped competitively and, in practice, many portfolios already run below these limits.
This communication is designed for professional financial advisers only and is not approved for direct marketing with individual clients. These investments are not suitable for everyone, and you should obtain expert advice from a professional financial adviser. Please note that the content is based on the author’s opinion and is not intended as investment advice. It remains the responsibility of the financial adviser to verify the accuracy of the information and assess whether the discretionary fund management model portfolio is suitable and appropriate for their customer.
Past performance is not a reliable indicator of future performance. The value of investments and the income derived from them can fall as well as rise, and investors may get back less than they invested.
IBOSS Asset Management Limited is authorised and regulated by the Financial Conduct Authority. Financial Services Register Number 697866.
IBOSS Asset Management Limited is owned by Kingswood Holdings Limited, incorporated in Guernsey (registered number: 42316).
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