Parmenion Active Growth
A dynamic view on investment opportunities
- 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.
Maximising investment opportunities
Our Active Growth solution takes a dynamic approach to asset allocation, supporting advisers who want to capture potential nearer term investment upside for their clients, or act to give them downside protection. We look at aspects such as current valuations, monetary policy, behavioural trends and the macro-economic outlook to consider the potential impact of current conditions and tilt the portfolios accordingly.
Active investment management
01Active investment management
A globally diversified, multi-asset portfolio made up of mainly active funds to provide maximum opportunity for outperforming the broader markets.
Our highly experienced team rigorously review chosen active funds on an ongoing basis, to make sure they continue to be the best choice for portfolios.
We segment the fund universe to find those that consistently deliver above average returns with lower than average risk, then use a range of quantitative and qualitative metrics to find the best possible blend of funds for our active portfolios.
Dynamic asset allocation
02Dynamic asset allocation
Exposure to different asset classes and global regions is adjusted to reflect evolving market conditions and investment outlook.
We adjust the mix of funds and overall asset allocation to reflect changing investment conditions. The objective is to tilt the portfolios towards areas of the market that we believe provide attractive opportunities for outperformance over the next 12 to 18 months.
It’s an approach that aims to protect performance during challenging times and capture growth when markets are rising.
Available in 10 risk grades
03Available in 10 risk grades
Choose from 10 risk-graded portfolios to match your client's investment objectives, appetite for risk and time horizon.
Each risk grade is meticulously mapped to our Risk Framework. This gives you the expected volatility and historic maximum loss for each risk grade over the past 20 years.
This allows you to show what a realistic experience could be like for your client and gives you confidence in the suitability of your recommendation.
Independently chaired committee
04Independently chaired committee
Our Tactical Asset Allocation (TAA) committee meets at least once a quarter to consider opportunities and threats within 12-36 months
The TAA committee is formed of in-house and external investment professionals with expertise across economic analysis, fund selection and portfolio construction. They meet monthly to assess our views on a range of factors, including the macroeconomic outlook, valuations, monetary policy, geopolitical risks and market trends.
Costs and charges
Our Active Growth charges 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 | 0.24% |
| 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 - £299,999.99 | 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 2025.
| Custody | DFM Charge | Dealing* | OCF | Total |
|---|---|---|---|---|
| 0.30% | 0.24% | 0.05% | 0.61% | 1.20% |
*Assuming a 12% turnover rate - for guidance only, actual turnover may be more or less than this amount
Solution resources
Clients in our Active Growth solution benefit from the full breadth of the investment team’s expertise, with both fund selection and asset allocation actively managed for current conditions.
Jasper Thornton-Boelman
Investment Director
