SCM Private has rolled out its exchange-traded fund (ETF) portfolios on independent platform, Ascentric, IFA Online reports. The move will enable customers to buy into SCM’s portfolios at a level below the firm’s direct minimum investment requirements. Clients will own the funds in their own names, not through units in a pool, adds IFA Magazine. SCM will waive the performance fees of the active model portfolios through the platform.

Click here for the story from IFA Online.

Click here for additional coverage from IFA Magazine.