Proven and established expertise

For each of the Quilter Smoothed Funds:

• Standard Life has appointed Quilter to manage the underlying investments of a managed account. The custodian of this account is HSBC.
• The managed account is wrapped by Standard Life within an insurance wrapper to create the Quilter Smoothed Fund, a unit-linked insured fund that sits on the balance sheet of Standard Life.
• The price of the Quilter Smoothed Fund is then smoothed using the rolling-average smoothing process. Any difference between the smoothed price and the unsmoothed net asset value is financed with Standard Life shareholder capital.
• The Quilter Smoothed Fund is made available as an investment option through the CRA by a reinsurance arrangement between Quilter and Standard Life.

The value of your clients' investments can fall as well as rise. Your clients may gee back less than they invested.

While the Quilter Smoothed Funds aim to reduce the size of the day-to-day fluctuations to the fund value, they do not provide any guarantees. The smoothing process could reduce returns in rising markets and reduce losses in falling markets.