AJ Bell launches Passive Global Growth fund

The fund will provide investors with access to asset classes which are likely to make up a larger part of future indices such as emerging markets and tech. The reason for this, the firm said, was due to the pace of growth in emerging market countries, while ideas and innovation was driving growth in the tech sector. It will also invest in equities across Europe, North America, Asia and the UK while largely avoiding lower risk assets such as bonds and cash. With an annual charge capped at 0.5%, the fund will sit in the firm's passive multi-asset range, which offers investors access ...