Part 1/3 of the Investment and IHT newsletter for Financial Advisers | July 2008 Click to go to: Part 2/3 or: Part 3/3

NEW FUND LAUNCH – 1% DISCOUNT

"WAY and Husselbee join forces in new partnership ..."

Photo left: John Husselbee (North Investment Partners)

WAY’s new MA Cautious Portfolio Fund brings together two leading innovators in the UK investment market. John Husselbee is recognised as being one of the most effective fund of fund investment managers in the UK today. And WAY has become the leading collective-investment-based boutique in the UK with its market-leading IHT-mitigation structures.

The WAY MA Cautious Portfolio Fund launched on 23rd June and already there has been considerable interest and investment activity from IFAs across the UK. Until 30th September 2008, IFAs can benefit either from an additional 1% initial commission – 4% in total – or the extra 1% can be passed on to the investors as a discount.

High-flyer Britton also teams up with WAY

This fund launch follows on from the launch of WAY's sister fund – the WAY MA Growth Portfolio Fund - which was launched in mid-March. The investment adviser on this fund is the equally impressive fund-of-funds expert, Jason Britton of T. Bailey.

"It is very important to engage leading UK advisers for our two new funds," said WAY Group chairman Paul Wilcox. "Each has a distinctive and successful investment strategy which will help deliver impressive results both as pure investments and as part of a client’s IHT mitigation programme," he said.

IFA endorsement

WAY are not the only ones looking forward to the partnership with Husselbee. IFA Arthur Childs, MD of Arch Financial Planning, recently said in Money Marketing: " It (WAY) has an excellent understanding of the needs of IFAs, as it has grown out of one, and it is years ahead of other boutique investment houses in realising that IFAs do not just want good performing funds but also the tools to use them in the most tax-efficient way."

Click here to read further press comment about WAY and our latest two new funds.

Fund Structure

The WAY MA Cautious Portfolio is designed to be a flexible and innovative investment portfolio that can maximise the potential for returns at a level of risk acceptable to a typical cautious investor.

Mixed Asset: North believes that asset allocation is the key driver of returns and by following a mixed asset approach that offers investors exposure to specialist asset classes such as hedge funds, private equity, commodities as well as the traditional asset classes of equities, bonds, property and cash they can maximise opportunities for investors in a variety of market conditions whilst reducing the volatility of returns.

Strategic asset allocation: Based on his medium to long term views John Husselbee, lead fund manager on the WAY MA Cautious Portfolio, will determine the appropriate blend of asset classes at any point in time, based on their long term fundamentals, current positioning and their relationship to each other.

Tactical asset allocation: Changes in short term market conditions and/or of the progress of the investment cycle will provide opportunities for John to use his well renowned skills to make shorter term tactical decisions to add considerable value to the portfolio.

Multi Manager: In each of the asset classes that the fund invests, John will seek to harness the skills of some of the best fund managers in the industry to add further value to the portfolio. John will access the different asset classes and different managers through a variety of investment vehicles that will include: OEICs and Unit Trusts, Investment Trusts, Exchange Traded Funds (ETFs) and structured products.

Conviction Investing: John will apply a conviction approach to lead his selection of different asset classes, different managers and different investment vehicles to construct and manage the portfolio on a day to day basis. The aim is to ensure that the portfolio is always positioned to maximise opportunities for investors over the short, medium and longer term — looking for competitive returns against a back drop of reduced volatility.

John Husselbee profile
John is the CEO of North Investment Partners, an independent investment management company, dedicated to working with companies such as WAY Group to help them deliver innovative investment solutions for their clients. John has over 20 years experience in running mixed asset, multi-manager portfolios. Before launching North in August 2005, John was the Director of MultiManager Investment at Henderson Global Investors, and prior to that led Rothschilds Asset Management’s MM business. A well-respected commentator within the UK mutual fund industry, he sits on the selection committee for the Investment Week Fund Manager of the Year Awards.

How to contact us
If you wish to talk to someone about this newsletter or about any of WAY's products, please feel free to call either your local Regional Sales Manager or Tony Lyons, IFA Support Manager, head office telephone number: 01202 890895. Or you can use the website: Contact Form to get in touch. We look forward to hearing from you.

- Ends -

Links - WAY MA Cautious Portfolio Fund:

PDF link: click to read/print/download : WAY MA Cautious Portfolio Fund - Factsheet

 PDF link: click to read/print/download : Investment Adviser Profile - North

 Website link: North Investment Partners Limited

Links - WAY MA Growth Portfolio Fund:

 PDF link: click to read/print/download : WAY MA Growth Portfolio Fund - Factsheet

 Website link: T. Bailey Asset Management Limited

Newsletter: July 2008.

Press comment courtesy MoneyMarketing. Reproduced with kind permission.

Note: This newsletter commentary has been prepared for Financial Intermediary Clients and Professional Associates of WAY Investment Services Ltd and is not intended for and must not be distributed to Private Investors. This information is supplied to you in confidence and you may not pass it on to any other party without prior written consent. Past performance is not necessarily a guide to future returns and changes in rates of exchange between currencies may cause the value of investments to rise or fall. No representation or warranty is given (express or implied) as to the accuracy, completeness or correctness of the information nor the opinions, interpretations and conclusions contained in this commentary. The commentary does not constitute investment advice or a recommendation to purchase or sell any security. Neither the author nor WAY Investment Services Ltd accept any liability whatsoever for any loss or damage arising in any way from any use of or reliance placed on the commentary. WAY Investment Services Ltd is an Appointed Representative of WAY Fund Managers Ltd which is authorised and regulated by the Financial Services Authority.

Newsletter: July 2008