Dynamic Planner has expanded its risk profiling service to investment trusts, a move that is expected to enable wider use of investment vehicles by advisers.

Seneca Global Income & Growth Trust is the first investment trust to be included in the service. It was assigned a Dynamic Planner Risk Profile score of seven on a scale of ten.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Dynamic Planner proposition director Chris Jones said: “This process includes the evaluation of gearing on individual holdings and this was also carefully considered at the wrapper level for the Seneca Global Income & Growth Trust.

“Investment trusts are the investment vehicle of choice for many investors, and while choice is all important, we believe it’s also vital to maintain a consistency of approach when assessing suitable investment solutions.”

The company’s service is designed to assess all the risk characteristics of the underlying holdings of any solution.

Dynamic Planner currently risk-profiles more than 1,400 model portfolios and open-ended funds.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The inclusion of investment trusts is intended to allow advisers to leverage a consistent approach across various investment solutions.

Seneca Investment Managers chief executive David Thomas said: “We were keen to have this analysis undertaken, since Dynamic Planner has provided formal risk profiling oversight of our similar open-ended multi-asset funds for a number of years.

“We are very comfortable with their rigorous process and saw no reason to exclude the trust just because it was closed-ended, given its inherent multi-asset diversification and the tight board control over the level of gearing applied to the underlying assets.”

The Association of Investment Companies (AIC) head of intermediary communications Nick Britton said the inclusion of investment trusts would help to ‘break down barriers’ for financial advisers.