Discretionary Fund Management

Discretionary Fund Management describes when an investment manager is put in charge of managing and, in the case of a bespoke portfolio, creating your investment portfolio. They actively monitor investment performance and make investment decisions based on their knowledge of the market, ensuring that your portfolio remains aligned with your objectives and risk tolerance.

The Discretionary Fund Managers (DFMs) use their expertise to adapt your portfolio based on market movements and changes to your financial circumstances to maximise potential returns.

Using a DFM means you can take a hands-off approach to your investments while still receiving a tailored service based on your overall investment and financial goals. Whether you choose a Bespoke Portfolio or a Model Portfolio, your DFM will ensure that your assets remain invested in a way that meets your requirements.

Whilst the aim of discretionary fund managed investments is to enjoy healthy growth through the lifetime of the plan, as with all investments your capital is at risk and your fund value can go down as well as up. Your Independent Financial Adviser (IFA) will work with you to understand your attitude to risk, and your fund will be invested in a portfolio which is appropriate for your objectives and circumstances.