New Star's fund of funds range provides a broad choice of funds of funds, designed to meet a wide range of investment needs. The fund of funds range comprises five global portfolios, listed by increasing relative risk:
| New Star Tactical Portfolio | ![]() |
| New Star Active Portfolio | |
| New Star Balanced Portfolio | |
| New Star Managed Portfolio | |
| New Star Cautious Portfolio |
In addition there are three regional portfolios for investors wishing to access the potential benefits of a specific region:
- New Star American Portfolio
- New Star Asia Portfolio
- New Star European Portfolio
Below is an overview of each fund. Click to view the performance and literature for the fund of funds range.
Global Portfolios
New Star Tactical Portfolio - aims to deliver long term capital growth and has the broadest investment flexibility of the five global portfolios. It can invest with no restrictions on geographic areas or economic sectors and is therefore considered to have a higher relative risk when compared with other New Star global funds of funds.
New Star Active Portfolio - is managed to deliver a high potential investment return by actively selecting funds throughout all appropriate global sectors. The fund can hold investments in the UK, Europe, North America and the Far East, but has the flexibility to change weightings within these markets to provide greater potential returns. This fund should be considered a higher relative risk when compared to the remaining three global funds.
New Star Balanced Portfolio - employs a more cautious investment policy by building a portfolio of funds that invest in global equities and global bonds to deliver a high potential total return. A minimum of at least 15% of the fund's portfolio is held in bonds and cash to provide a measure of capital security and to ensure that the fund qualifies within the IMA Balanced Managed Sector.
New Star Managed Portfolio - aims to deliver long-term capital growth through a relatively conservative portfolio of funds investing in global equities and bonds. Unlike the other global funds, allocation will tend to more closely follow that of the sector average although the manager retains an active approach with the aim of delivering longer-term outperformance. At least 15% of the fund will be held in UK bonds, global bonds and cash.
New Star Cautious Portfolio Unit Trust – The most risk averse of the global portfolios, the New Star Cautious Portfolio aims to deliver the potential for capital growth and regular income. The fund will hold a minimum of 40% of its assets in bonds and cash, to boost income and reduce volatility.
Regional Portfolios
New Star American Portfolio – aims to provide capital growth by investing in funds managed to exploit the investment potential of primarily US companies.
New Star Asia Portfolio – aims to provide capital growth by investing in any Asian market other than Japan through a portfolio of carefully chosen funds that offer diversification combined with access to the potential returns of Asian companies.
New Star European Portfolio - seeks to maximise the long-term performance potential of European markets through a diversified portfolio of European funds.



Issued in the UK by New Star Asset Management Limited. Authorised and regulated by the Financial Services Authority.