PIM Strategic Guardian

Our dedicated drawdown solution, designed to dampen risk in falling markets, whilst maintaining exposure to potential capital grown in rising ones.

Feeling Supported (Crop 3, PIM Guardian Sailboats)

Designed for drawdown

Drawdown is very different to accumulation and demands a different approach to investing. A market downturn can have a lasting effect on your client’s retirement plans. Add the fact that longevity is often underestimated by up to 10 years1, and the survivability of their retirement pot could be under serious pressure. That’s where Guardian comes into its own.

1MGM Advantage (2014) Retirement Nation. [Online] Available from: mgmadvantage.co.uk/retirement-nation [Accessed: 05 November 2020]

Costs and charges

Our Guardian charges are simple and transparent. For our custody fee, when your client’s money falls into a given band, they pay that fee for all their money, not just the proportion in that band.

TypeCharge
DFM charge0.24%
Dealing charge (for fund switches and rebalance purchases)0.45% (≈0.05% p.a.)*
Parmenion SIPP charge£18+VAT per quarter

*Assumes a 12% turnover rate - for guidance only, actual turnover may be more or less than this amount

Custody band†Charge
£0 - £299,999.990.30%
£300,000.00 - £599,999.990.25%
£600,000.00 - £1,499,999.990.20%
£1,500,000.00 +0.15%

†A minimum monthly custody charge of £5 per client applies. Cliff edge structure.

Here’s what your client might pay

For a £100,000 non-SIPP portfolio in Risk Grade 5, and an OCF as of the 31st December 2021

CustodyDFM ChargeDealing*OCFTotal
0.30%0.24%0.05%0.57%1.16%

*Assuming a 12% turnover rate - for guidance only, actual turnover may be more or less than this amount

If you’d like to chat to us about our Guardian solution or our wider proposition, please get in touch