Standard Life Mulls MyFolio Income Funds

Edinburgh-based Standard Life is seeking to unveil an income version of its risk-rated multi-asset fund range MyFolio.

Edinburgh-based Standard Life is seeking to unveil an income version of its risk-rated multi-asset fund range MyFolio, FundWeb reports. The MyFolio series consists of 15 funds, which include five managed funds, five market funds and five multi-manager funds. The savings and investments firm is also planning to shift the MyFolio range from the Investment Management Association’s unclassified sector to the managed sectors. A combination of output and input measures will be more suitable for the funds as they are run to a strategic benchmark of different risk brackets.

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