Strategic Passive
Our passive, risk centric investment solution with due diligence that’s anything but passive.
- The content of this page is only suitable regulated financial advisers.
- Past performance isn't an indicator of future returns and investors could get back less than they put in.
- This content of this page is intended as general information and shouldn't be viewed as a personal recommendation.
- There's also no guarantee that investment solution or funds will meet their objectives.
Built to track the benchmark
PIM Strategic Passive is a risk centric investment solution that adopts a strategic approach to asset allocation - it offers a complete range (from 1 to 10) of risk graded portfolios and is diversified across 13 asset classes. And whilst it invests in predominantly passive funds, our due diligence process and asset allocation optimisation is anything but. To find out more about our approach to Passive investing, click below.
Passive funds that look beyond cost
Choosing the right passive investment requires careful consideration. Find out more about our cost effective passive investment funds providing diversified exposure to global markets.
Passive Investing
Available in 10 Risk Grades
A choice of 10 risk grades allows you to find a portfolio mandate that lines up with your clients’ attitudes to risk.
Strategic Asset Allocation
A long term, stable asset allocation, built on our robust 20-year risk framework. Reviewed annually and fully diversified across 13 asset classes.
Established track record
Launched in 2010, our Passive solution has an established track record. You can read more about this in our latest Investment Quarterly below.
Defaqto Diamond rated
Defaqto 5 Diamond rated for an independent assessment of excellent value and risk adjusted returns.
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Costs and charges
Our charges for passively managed funds are simple and transparent. For our custody fee, when the total value of your client’s assets falls into a given band, they pay that charge for all their money, not just the proportion in that band.
| Type | Charge |
|---|---|
| DFM charge | 0.12% |
| 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 - £299,999.99 | 0.30% |
| £300,000.00 - £599,999.99 | 0.25% |
| £600,000.00 - £1,499,999.99 | 0.20% |
| £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 March 2024
| Custody | DFM Charge | Dealing* | OCF | Total |
|---|---|---|---|---|
| 0.30% | 0.12% | 0.05% | 0.14% | 0.61% |
*Assuming a 12% turnover rate - for guidance only, actual turnover may be more or less than this amount
PIM Strategic Passive provides clients with cost effective access to a globally diversified portfolio
Harry Garrett
Investment Director
