New: Quilter MyGoal funds offer more choice easy diversified investing

Investing can feel intimidating, especially if you’re just starting out. With so many options and strategies to choose from, it’s easy to get overwhelmed. 

Even as a more experienced investor, getting easy access to the right investments for your portfolio can still be tricky sometimes. 

At NuWealth, we believe that everyone should have access to simple, transparent investment options that can help grow their wealth. That’s why we’re excited to introduce our new Quilter MyGoal funds The Quilter MyGoal range of funds are designed to help you invest in a way that matches your personal financial goals, whether you're a cautious investor looking for a lower risk profile with your investment, or someone willing to take on more risk for higher potential returns over the longer term. 

Let’s look into what these funds are all about and how they can fit into your long-term investment plan.

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Introducing multi-asset investing

Before we get into the specifics of the Quilter MyGoal funds, it’s important to understand the concept of multi-asset investing. If you’re new to investing, this might sound a little complex, but don’t worry—we’ll break it down.

Multi-asset investing is simply the strategy of spreading your money across a mix of different types of investments. It’s a form of diversification, an important word in investing.

The Quilter MyGoal funds are all multi-asset funds.

Instead of putting all your money into a single asset like a stock or a bond (which is where you lend money to a company or government), you can spread it across various asset classes—such as stocks, bonds, and other assets like commodities (e.g. precious metals and oil) or property. This approach can help you to manage risk, because if the value of one asset goes down, others which aren’t directly tied to it can remain stable, or continue going up.

Still with us? Here’s an example… 

A simple way to explain this is if you were to invest in an ice cream company and an umbrella company, you would hope that the ice cream company would do well in good weather and the umbrella company would do well in bad weather, balancing out the investment returns across the seasons.

The beauty of multi-asset investing is that it can provide an even more balanced approach to growing your wealth over time. The Quilter MyGoal funds from Quilter are built on this principle, giving you access to a diversified portfolio in one investment.

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The Quilter MyGoal funds: A simple way to invest

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There are five different funds you can invest in, each designed with a different level of risk in mind. 

 These funds are diversified and passively managed which means the fund manager doesn’t adjust the funds on a regular basis. This helps keep the costs lower.

Because of this, the Quilter MyGoal funds are a great option for anyone looking to invest in a diversified portfolio without breaking the bank.

It's important to remember that with all investing your capital is at risk; what it means is the value of your investments can go down as well as up. Because these types of funds mean you're invested in a variety of different things - “diversified” - it is sensible to take a longer term (5 years or more) approach to investing when looking for a return on your investment. Remember though, this is not a guarantee so you need to be comfortable with the risks involved before you get started.

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Let’s take a closer look at each of the Quilter MyGoal funds and who they’re best suited for:

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1. Quilter MyGoal Conservative: For those who want stability

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Suitable for: Cautious investors
Risk level: Low

If you're someone who is just starting your investment journey and wants to keep things at the lower end of risk, the MyGoal Conservative fund could be the perfect choice. This fund is designed to help you grow your money slowly and steadily, minimising the volatility (i.e. the ups and downs) of investing as much as possible. 

It’s a great option if you’re nervous about the ups and downs of the market but still want to see some growth over time.

In this fund, your money is invested in a mix of assets that prioritise stability over high returns (e.g. bonds). While it’s not likely to deliver massive gains, it’s focused on providing you with a smooth and more predictable experience.

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2. Quilter MyGoal Balanced: A middle ground between stability and growth

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Suitable for: Investors seeking a balance of growth and stability
Risk level: Moderate

For those who are comfortable with a bit of risk but who still want to keep things balanced, the MyGoal Balanced fund offers a good mix. This fund is designed for investors who are looking for moderate growth but who also want to avoid the more extreme fluctuations of the market. 

If you’re someone who understands that markets go up and down but want to keep those movements in check, this fund could be ideal for you.

This fund offers a good balance between stability (like the Conservative fund) and growth (like the  higher risk-driven funds), providing a steady potential increase in your investment over time without too much volatility. Although volatility can never be accurately predicted by anyone.

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3. Quilter MyGoal Moderate: Growth with a little more flexibility

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Suitable for: Investors looking for higher returns with more tolerance for risk
Risk level: Moderate to high

If you're an investor who is ready to take on a little more risk for the chance of better returns, the MyGoal Moderate fund could be a good fit. This fund offers a balanced approach but is tilted more towards growth than the Balanced fund. 

It’s suitable for investors who have a little more tolerance of risk, and are comfortable with some ups and downs along the way.

The MyGoal Moderate fund may experience a  little more volatility, but with the potential for higher long-term returns. If you can tolerate some fluctuations, this could be a solid choice.

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4. Quilter MyGoal Dynamic: Aiming for higher returns

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Suitable for: Growth-oriented investors
Risk level: High

The MyGoal Dynamic fund is for those who are ready to embrace higher risk for the possibility of higher rewards. If you're comfortable with volatility and are focused on long-term growth, this fund offers the opportunity for  your investments to grow more rapidly than the more conservative options available on NuWealth.

With this fund, you’ll experience a bit more of the market’s ups and downs, but if you’re in it for the long haul and have a higher risk appetite, you could benefit from the long-term growth potential.

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5. Quilter MyGoal Adventurous: For the bold investor

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Suitable for: Very high-risk investors
Risk level: Very high

Finally, for those who are comfortable with very high risk and are looking for higher returns, the Quilter MyGoal Adventurous fund offers the highest growth potential. 

This fund is designed for investors who are willing to accept significant market swings, knowing that they have the financial capacity to ride out the risks. In other words, you have the disposable income to take bigger risks.

If you’re someone who’s looking for aggressive growth and is okay with more volatility in exchange for potentially higher long-term rewards, the Quilter MyGoal Adventurous fund could be the one for you.

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Why choose the Quilter MyGoal funds?

The Quilter MyGoal funds offer several key benefits for investors:

1. Diversification: Each of the funds invests in a range of assets,  aiming to reduce risk and provide more stability during market fluctuations.
2. Cost-effective: These funds are designed to be affordable investment options, providing value through diversification and low fees (You can find more information on the specific fees for each fund below). 
3. Tailored to your risk appetite: Whether your investment approach is cautious,balanced, or adventurous, there’s a Quilter MyGoal fund that matches your risk tolerance and investment goals.
4. ISA eligible: The funds are eligible for Individual Savings Accounts (ISAs), meaning you can invest tax-free if you're using your annual ISA allowance.

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Explore NuWealth’s Stocks & Shares ISA range on our website, or in the app.

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How pricing and fees work for the Quilter MyGoal funds

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The ongoing charge is the total of the fixed ongoing charge and any discounts applied. Fund transaction costs are the expenses incurred when buying or selling investments. Platform fees on NuWealth will also apply. More information on the charges and expenses applicable to the funds can be found at www.quilter.com/charges-and-expenses.

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Choose the right Quilter MyGoal fund for your investment journey

Investing is a journey, and everyone’s path looks a little different. Whether you’re new to investing or are an experienced investor, the Quilter MyGoal funds provide a simple, affordable, and diversified way to help you reach your long-term financial goals.

By choosing a fund that aligns with your personal risk tolerance and investment ambitions, you can set yourself up for growth and peace of mind. 

Ready to take the next step in your investment journey? Explore the Quilter MyGoal funds today and find the right one for you.

All of the Quilter MyGoal funds are now LIVE in the NuWealth app. Search ‘Quilter MyGoal’ to get started.